331 E Surf Rd Ocean City, NJ 08226
Estimated Value: $4,304,000 - $5,232,000
3
Beds
4
Baths
3,002
Sq Ft
$1,614/Sq Ft
Est. Value
About This Home
This home is located at 331 E Surf Rd, Ocean City, NJ 08226 and is currently estimated at $4,845,604, approximately $1,614 per square foot. 331 E Surf 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
Apr 24, 2017
Sold by
Paone Edwin A and Paone Edwin Anthony
Bought by
Bock Christopher J and Bock Kathleen C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Outstanding Balance
$861,041
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,984,563
Purchase Details
Closed on
Sep 26, 2016
Sold by
Paone Salvatore L
Bought by
Kathryn G Paone Family Trust
Purchase Details
Closed on
Apr 2, 1999
Sold by
Clayton Development Associates
Bought by
Paone Kathryn and Paone Salvatore
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bock Christopher J | $1,325,000 | None Available | |
| Kathryn G Paone Family Trust | -- | None Available | |
| Paone Kathryn | $52,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bock Christopher J | $1,060,000 |
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 | $43,403 | $3,868,400 | $847,400 | $3,021,000 |
| 2024 | $9,076 | $3,868,400 | $847,400 | $3,021,000 |
| 2023 | $9,076 | $847,400 | $847,400 | $0 |
| 2022 | $8,720 | $847,400 | $847,400 | $0 |
| 2021 | $10,638 | $1,058,500 | $847,400 | $211,100 |
| 2020 | $10,352 | $1,058,500 | $847,400 | $211,100 |
| 2019 | $10,236 | $1,058,500 | $847,400 | $211,100 |
| 2018 | $10,140 | $1,058,500 | $847,400 | $211,100 |
| 2017 | $9,982 | $1,058,500 | $847,400 | $211,100 |
| 2016 | $9,601 | $1,058,500 | $847,400 | $211,100 |
| 2015 | $9,474 | $1,058,500 | $847,400 | $211,100 |
| 2014 | $9,336 | $1,058,500 | $847,400 | $211,100 |
Source: Public Records
Map
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