NOT LISTED FOR SALE

315 Ocean Rd Ocean City, NJ 08226

Estimated Value: $2,160,000 - $4,105,000

-- Bed
-- Bath
3,777 Sq Ft
$890/Sq Ft Est. Value

About This Home

This home is located at 315 Ocean Rd, Ocean City, NJ 08226 and is currently estimated at $3,362,858, approximately $890 per square foot. 315 Ocean Rd 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
Oct 27, 2014
Sold by
Hanson Mark P and Hanson Karen S
Bought by
M & K H Trust
Current Estimated Value
$3,362,858

Purchase Details

Closed on
Oct 25, 2013
Sold by
Palmer Joseph and Palmer Irene
Bought by
Hanson Mark P and Hanson Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.37%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 15, 2004
Sold by
Mccormack Webster J and Mccormack Delores S
Bought by
Palmer Joseph and Palmer Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
5.24%
Mortgage Type
Construction
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
M & K H Trust -- The Title Company Of Jersey
Hanson Mark P $1,270,000 The Title Company Of Jersey
Palmer Joseph $1,250,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Mark P $1,800,000
Previous Owner Palmer Joseph $1,440,000
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 $24,903 $2,219,500 $955,300 $1,264,200
2024 $24,903 $2,219,500 $955,300 $1,264,200
2023 $23,771 $2,219,500 $955,300 $1,264,200
2022 $22,839 $2,219,500 $955,300 $1,264,200
2021 $22,306 $2,219,500 $955,300 $1,264,200
2020 $21,707 $2,219,500 $955,300 $1,264,200
2019 $21,463 $2,219,500 $955,300 $1,264,200
2018 $21,263 $2,219,500 $955,300 $1,264,200
2017 $20,930 $2,219,500 $955,300 $1,264,200
2016 $20,131 $2,219,500 $955,300 $1,264,200
2015 $19,865 $2,219,500 $955,300 $1,264,200
2014 $19,576 $955,300 $955,300 $0
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

315 Ocean Rd, Ocean City, NJ

This home is located at 315 Ocean Rd, Ocean City, NJ 08226 and is currently estimated at $3,362,858, approximately $890 per square foot. 315 Ocean Rd 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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