NOT LISTED FOR SALE

4100 Central Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,180,377 - $2,359,000

Studio
-- Bath
1,587 Sq Ft
$1,001/Sq Ft Est. Value

About This Home

This home is located at 4100 Central Ave Unit 2, Ocean City, NJ 08226 and is currently estimated at $1,588,594, approximately $1,001 per square foot. 4100 Central Ave Unit 2 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
Jul 17, 2023
Sold by
Terris Despina
Bought by
Despina Terris Trust and Terris
Current Estimated Value
$1,588,594

Purchase Details

Closed on
Aug 7, 2020
Sold by
Terres Despina
Bought by
Nocitto James and Nocitto Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,028,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Bourgeois Patricia A
Bought by
Gervasio Richard and Terris Despina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Despina Terris Trust -- None Listed On Document
Despina Terris Trust -- None Listed On Document
Nocitto James $1,285,000 Misc Company
Gervasio Richard $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nocitto James $1,028,000
Previous Owner Gervasio Richard $480,000
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 $7,243 $645,500 $512,500 $133,000
2024 $7,243 $645,500 $512,500 $133,000
2023 $6,913 $645,500 $512,500 $133,000
2022 $6,642 $645,500 $512,500 $133,000
2021 $4,815 $645,500 $512,500 $133,000
2020 $6,313 $645,500 $512,500 $133,000
2019 $6,242 $645,500 $512,500 $133,000
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

4100 Central Ave Unit 2, Ocean City, NJ

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