NOT LISTED FOR SALE

4221 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,952,000 - $3,011,000

4 Beds
3 Baths
1,542 Sq Ft
$1,490/Sq Ft Est. Value

About This Home

This home is located at 4221 Central Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $2,298,169, approximately $1,490 per square foot. 4221 Central Ave Unit 1 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 29, 2014
Sold by
Albahary Ronald G and Albahary Melanie G
Bought by
Mayock Michael F
Current Estimated Value
$2,298,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,000
Outstanding Balance
$647,679
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,650,490

Purchase Details

Closed on
Dec 19, 2012
Sold by
Smith Robert Scott and Smith Sue H
Bought by
Albahary Ronald G and Albahary Melanie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
4221 Central Avenue Llc
Bought by
Smith Robert Scott and Smith Sue H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,543,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2005
Sold by
Mita Eustace W
Bought by
4221 Central Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,543,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2004
Sold by
Wieczorek Eugene and Wieczorek Cheryl Ann
Bought by
Mita Eustace W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage
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
Mayock Michael F $1,210,000 Freedom Title & Abstract Com
Albahary Ronald G $1,175,000 Surety Title
Smith Robert Scott $2,425,000 The Title Company Of Jersey
4221 Central Avenue Llc -- The Title Company Of Jersey
Mita Eustace W $1,400,000 Bayside Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayock Michael F $847,000
Previous Owner Albahary Ronald G $675,000
Previous Owner Smith Robert Scott $1,543,000
Previous Owner Mita Eustace W $1,400,000
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 $14,005 $1,248,200 $817,000 $431,200
2024 $14,005 $1,248,200 $817,000 $431,200
2023 $13,368 $1,248,200 $817,000 $431,200
2022 $12,844 $1,248,200 $817,000 $431,200
2021 $9,312 $1,248,200 $817,000 $431,200
2020 $12,207 $1,248,200 $817,000 $431,200
2019 $12,070 $1,248,200 $817,000 $431,200
2018 $11,958 $1,248,200 $817,000 $431,200
2017 $11,771 $1,248,200 $817,000 $431,200
2016 $11,321 $1,248,200 $817,000 $431,200
2015 $11,171 $1,248,200 $817,000 $431,200
2014 $11,009 $1,248,200 $817,000 $431,200
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

4221 Central Ave Unit 1, Ocean City, NJ

This home is located at 4221 Central Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $2,298,169, approximately $1,490 per square foot. 4221 Central Ave Unit 1 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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