$585,000
SOLD APR 21, 2025

325 West Ave Ocean City, NJ 08226

0.07 Acre
$8,357,143 Price per Acre
3,049 Sq Ft Lot

Recently Sold

16% Below List Price

45 Days on Market

About This Lot

As of April 2025

This home is located at 325 West Ave, Ocean City, NJ 08226 and is currently priced at $585,000. 325 West Ave 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.

Last Agent to Sell the Property

Christopher Ryan

eXp REALTY License #2440057 Listed on: 01/29/2025

eXp REALTY

Last Buyer's Agent

Mike Contino

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,232

Lot Details

  • Lot Dimensions are 30'x90'
  • Property is zoned NB

Listing and Financial Details

  • Legal Lot and Block 9 / 308

Property Details

Property Type

Land

Est. Annual Taxes

$2,232

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Other
  • District Township: 08-Ocean City
  • Second Address Number: 325
  • Lot Size2: 30'x90'
  • Selling Agent1: 2049
  • Selling Office1: 391
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 198900
  • Zoning: NB

Tax Info

  • Taxes: 2232
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Apr 17, 2025
Sold by
Elcon Development Group Llc
Bought by
325 West Ave Llc
Seller's Agent
Christopher Ryan
eXp REALTY
Buyer's Agent
Mike Contino
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
List Price
$699,000
Sold Price
$585,000
Premium/Discount to List
-$114,000
-16.31%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
Jan 14, 2025
Sold by
Belatserkovskaia Margarita and Belotserkovskaia Margarita
Bought by
Elcon Development Group Llc

Purchase Details

Closed on
Sep 13, 1996
Sold by
Henszey Barbara
Bought by
Haines Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1995
Sold by
Minichino Richard J
Bought by
Henszey Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $585,000 The Title Company
Deed $585,000 The Title Company
Deed $470,000 Freedom Title
Deed $470,000 Freedom Title
Deed $49,000 --
Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $44,000 Commercial
Previous Owner $35,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $1,649,900 +182.0% --
04/21/2025 04/21/25 Sold $585,000 -2.3% --
03/15/2025 03/15/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $599,000 -11.3% --
02/13/2025 02/13/25 Price Changed $675,000 -3.4% --
01/29/2025 01/29/25 For Sale $699,000 -- --
Source: Cape May County Association of REALTORS®

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 $2,232 $198,900 $179,800 $19,100
2024 $2,232 $198,900 $179,800 $19,100
2023 $2,130 $198,900 $179,800 $19,100
2022 $2,047 $198,900 $179,800 $19,100
2021 $1,484 $198,900 $179,800 $19,100
2020 $1,945 $198,900 $179,800 $19,100
2019 $1,923 $198,900 $179,800 $19,100
2018 $1,905 $198,900 $179,800 $19,100
2017 $1,876 $198,900 $179,800 $19,100
2016 $1,804 $198,900 $179,800 $19,100
2015 $1,780 $198,900 $179,800 $19,100
2014 $1,754 $198,900 $179,800 $19,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 250221

Cape May County Association of REALTORS®

APN: 08-00308-0000-00009