NOT LISTED FOR SALE

3605 Asbury Ave Unit 7 Ocean City, NJ 08226

Estimated Value: $996,048 - $1,235,000

-- Bed
-- Bath
1,134 Sq Ft
$995/Sq Ft Est. Value

About This Home

This home is located at 3605 Asbury Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $1,128,012, approximately $994 per square foot. 3605 Asbury Ave Unit 7 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 7, 2020
Sold by
Madden William G and Madden Sharon M
Bought by
Mortenson Erikk and Mortenson Staci
Current Estimated Value
$1,128,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$422,892
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$705,120

Purchase Details

Closed on
Dec 2, 2020
Sold by
Madden William G and Madden Sharon M
Bought by
Mortenson Erik K and Mortenson Staci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$422,892
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$705,120

Purchase Details

Closed on
May 28, 2002
Sold by
Fralinger Daniel J
Bought by
Madden William G and Madden Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.9%
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
Mortenson Erikk $675,000 Surety Title
Mortenson Erik K $675,000 Surety Title
Madden William G $392,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortenson Erikk $475,000
Closed Mortenson Erik K $475,000
Previous Owner Madden William G $300,700
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 $6,075 $541,400 $268,500 $272,900
2024 $6,075 $541,400 $268,500 $272,900
2023 $5,798 $541,400 $268,500 $272,900
2022 $5,571 $541,400 $268,500 $272,900
2021 $4,039 $541,400 $268,500 $272,900
2020 $5,295 $541,400 $268,500 $272,900
2019 $5,235 $541,400 $268,500 $272,900
2018 $5,187 $541,400 $268,500 $272,900
2017 $5,105 $541,400 $268,500 $272,900
2016 $4,911 $541,400 $268,500 $272,900
2015 $4,846 $541,400 $268,500 $272,900
2014 $4,775 $541,400 $268,500 $272,900
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

3605 Asbury Ave Unit 7, Ocean City, NJ

This home is located at 3605 Asbury Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $1,128,012, approximately $994 per square foot. 3605 Asbury Ave Unit 7 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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