NOT LISTED FOR SALE

36 E 9th St Ocean City, NJ 08226

Estimated Value: $4,804,000 - $5,686,000

1.15 Acres
$4,561,006 Price per Acre
50,094 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $2,537,500

Est. 107% increase in value since last sale

Current estimated payment $29,162/month

46 Days on Market

About This Lot

As of June 2017

This home is located at 36 E 9th St, Ocean City, NJ 08226 since 13 April 2017 and is currently estimated at $5,245,157. 36 E 9th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Roger Soens

COMPASS RE - Avalon Dune License #8532954 Listed on: 04/13/2017

COMPASS RE - Avalon Dune

Last Buyer's Agent

Roger Soens

COMPASS RE - Avalon Dune License #8532954 Listed on: 04/13/2017

COMPASS RE - Avalon Dune

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,800

Lot Details

  • Lot Dimensions are 50' x 110'
  • Building is beachfront but unit may not have water views
  • Cleared Lot
  • Property is zoned R-1C

Listing and Financial Details

  • Legal Lot and Block 8 / 9

Property Details

Property Type

Land

Est. Annual Taxes

$8,800

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Beach Block, Cleared Lot
  • District Township: 01-Avalon Borough
  • Near: BEACH BLOCK
  • Lot Size2: 50' x 110'
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 8
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1600000
  • Zoning: R-1C
  • Improvements: Paved Road, Curb, Sidewalk
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 8800
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2017
Sold by
Fcp Group L P
Bought by
Lynch James J and Lynch Kathleen G
Current Estimated Value
$5,245,157

Purchase Details

Closed on
Jan 9, 2004
Sold by
Flynn Eileen
Bought by
Fcp Group Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 1990
Sold by
Flynn Edward J and Flynn Eileen
Bought by
Flynn Eileen B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynch James J $2,537,500 None Available
Fcp Group Lp $1,600,000 --
Fcp Group Lp $1,600,000 --
Flynn Eileen B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fcp Group Lp $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $2,537,500 -9.4% --
05/31/2017 05/31/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $2,800,000 -- --
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 $21,146 $3,444,000 $2,200,000 $1,244,000
2024 $21,146 $3,444,000 $2,200,000 $1,244,000
2023 $20,974 $3,444,000 $2,200,000 $1,244,000
2022 $19,562 $3,444,000 $2,200,000 $1,244,000
2021 $18,839 $3,444,000 $2,200,000 $1,244,000
2020 $18,115 $3,444,000 $2,200,000 $1,244,000
2019 $11,220 $2,200,000 $2,200,000 $0
2018 $10,736 $2,200,000 $2,200,000 $0
2017 $8,896 $1,600,000 $1,600,000 $0
2016 $8,800 $1,600,000 $1,600,000 $0
2015 $8,656 $1,600,000 $1,600,000 $0
2014 $8,560 $1,600,000 $1,600,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175712

Cape May County Association of REALTORS®

APN: 01-00009-01-00008