NOT LISTED FOR SALE

305 Central Ave Unit 7 Ocean City, NJ 08226

Estimated Value: $1,422,739 - $1,721,000

-- Bed
-- Bath
2,594 Sq Ft
$630/Sq Ft Est. Value

About This Home

This home is located at 305 Central Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $1,633,935, approximately $629 per square foot. 305 Central Ave Unit 7 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2007
Sold by
Wachovia Bank
Bought by
Montemurro Craig and Montemurro Lisa
Current Estimated Value
$1,633,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$347,360
Interest Rate
6.14%
Mortgage Type
New Conventional
Estimated Equity
$1,286,575

Purchase Details

Closed on
Jun 1, 2001
Sold by
Glenn Jane Miller
Bought by
Grace Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,400
Interest Rate
7.08%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montemurro Craig $715,000 Independence Abstract & Titl
Grace Rita M $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montemurro Craig $572,000
Previous Owner Grace Rita M $247,400
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,560 $584,700 $285,300 $299,400
2024 $6,560 $584,700 $285,300 $299,400
2023 $6,262 $584,700 $285,300 $299,400
2022 $6,017 $584,700 $285,300 $299,400
2021 $4,362 $584,700 $285,300 $299,400
2020 $5,718 $584,700 $285,300 $299,400
2019 $5,654 $584,700 $285,300 $299,400
2018 $5,601 $584,700 $285,300 $299,400
2017 $5,514 $584,700 $285,300 $299,400
2016 $5,303 $584,700 $285,300 $299,400
2015 $5,233 $584,700 $285,300 $299,400
2014 $5,157 $584,700 $285,300 $299,400
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

305 Central Ave Unit 7, Ocean City, NJ

This home is located at 305 Central Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $1,633,935, approximately $629 per square foot. 305 Central Ave Unit 7 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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