NOT LISTED FOR SALE

3246 Central Ave Unit 48 Ocean City, NJ 08226

Estimated Value: $1,555,637 - $1,856,000

-- Bed
-- Bath
2,009 Sq Ft
$842/Sq Ft Est. Value

About This Home

This home is located at 3246 Central Ave Unit 48, Ocean City, NJ 08226 and is currently estimated at $1,692,409, approximately $842 per square foot. 3246 Central Ave Unit 48 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
Dec 29, 2020
Sold by
Reid Mildred Est
Bought by
Reid Michael C and Reid Josette
Current Estimated Value
$1,692,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$456,218
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,236,191

Purchase Details

Closed on
Mar 25, 2005
Sold by
Ratigan Kevin T and Ratigan Maria J
Bought by
Reid Stephen and Reid Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Reid Michael C $909,000 Misc Company
Reid Stephen $1,225,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Michael C $510,000
Previous Owner Reid Stephen P $662,500
Previous Owner Reid Stephen $725,000
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 $8,742 $779,100 $452,500 $326,600
2024 $8,742 $779,100 $452,500 $326,600
2023 $8,344 $779,100 $452,500 $326,600
2022 $8,017 $779,100 $452,500 $326,600
2021 $5,812 $779,100 $452,500 $326,600
2020 $7,620 $779,100 $452,500 $326,600
2019 $7,534 $779,100 $452,500 $326,600
2018 $7,464 $779,100 $452,500 $326,600
2017 $7,347 $779,100 $452,500 $326,600
2016 $7,066 $779,100 $452,500 $326,600
2015 $6,973 $779,100 $452,500 $326,600
2014 $6,872 $779,100 $452,500 $326,600
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

3246 Central Ave Unit 48, Ocean City, NJ

This home is located at 3246 Central Ave Unit 48, Ocean City, NJ 08226 and is currently estimated at $1,692,409, approximately $842 per square foot. 3246 Central Ave Unit 48 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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