NOT LISTED FOR SALE

3640 Central Ave Unit 42 Ocean City, NJ 08226

Estimated Value: $1,289,000 - $1,627,000

-- Bed
-- Bath
1,656 Sq Ft
$850/Sq Ft Est. Value

About This Home

This home is located at 3640 Central Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,407,919, approximately $850 per square foot. 3640 Central Ave Unit 42 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
May 3, 2023
Sold by
Martin Marie B and Martin Rebecca
Bought by
Revocable Trust Of Marie Boorman Martin
Current Estimated Value
$1,407,919

Purchase Details

Closed on
Feb 16, 2022
Sold by
Darby Francis L
Bought by
Frances L Darby Family Wealth Trust

Purchase Details

Closed on
Oct 29, 2021
Sold by
Palumbo Robert L and Palumbo Roni L
Bought by
Darby Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2017
Sold by
Shields Helen Lois
Bought by
Palumbo Robert L and Palumbo Roni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Revocable Trust Of Marie Boorman Martin -- Real Property Title
Frances L Darby Family Wealth Trust -- Ofori Kwaku D
Frances L Darby Family Wealth Trust -- None Listed On Document
Darby Frances L $999,000 Title Company Of Jersey
Darby Frances L $999,000 Title Company Of Jersey
Palumbo Robert L $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darby Frances L $799,000
Previous Owner Palumbo Robert L $160,000
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 $7,359 $655,900 $361,000 $294,900
2024 $7,359 $655,900 $361,000 $294,900
2023 $7,025 $655,900 $361,000 $294,900
2022 $6,749 $655,900 $361,000 $294,900
2021 $4,152 $556,600 $361,000 $195,600
2020 $5,442 $556,400 $361,000 $195,400
2019 $5,380 $556,400 $361,000 $195,400
2018 $5,330 $556,400 $361,000 $195,400
2017 $5,247 $556,400 $361,000 $195,400
2016 $5,047 $556,400 $361,000 $195,400
2015 $4,980 $556,400 $361,000 $195,400
2014 $4,907 $556,400 $361,000 $195,400
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

3640 Central Ave Unit 42, Ocean City, NJ

This home is located at 3640 Central Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,407,919, approximately $850 per square foot. 3640 Central Ave Unit 42 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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