NOT LISTED FOR SALE

4425 Central Ave Unit 27 Ocean City, NJ 08226

Estimated Value: $1,969,101 - $3,135,000

-- Bed
-- Bath
1,597 Sq Ft
$1,520/Sq Ft Est. Value

About This Home

This home is located at 4425 Central Ave Unit 27, Ocean City, NJ 08226 and is currently estimated at $2,427,275, approximately $1,519 per square foot. 4425 Central Ave Unit 27 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 14, 2025
Sold by
Ferren William J and Ferren Alison L
Bought by
Koemer David M and Koemer Nicole R
Current Estimated Value
$2,427,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,891,599
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$535,676

Purchase Details

Closed on
Apr 28, 2008
Sold by
Buckley Harry W and Buckley Deborah
Bought by
Ferren William J and Ferren Alison L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Koemer David M $3,225,000 Title Company Of Jersey
Koemer David M $3,225,000 Title Company Of Jersey
Ferren William J $1,670,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koemer David M $1,900,000
Closed Koemer David M $1,900,000
Previous Owner Ferren William J $1,250,000
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 $13,794 $1,229,400 $860,000 $369,400
2024 $13,794 $1,229,400 $860,000 $369,400
2023 $13,167 $1,229,400 $860,000 $369,400
2022 $12,364 $1,201,600 $860,000 $341,600
2021 $8,382 $1,201,600 $860,000 $341,600
2020 $11,752 $1,201,600 $860,000 $341,600
2019 $11,619 $1,201,600 $860,000 $341,600
2018 $11,511 $1,201,600 $860,000 $341,600
2017 $11,331 $1,201,600 $860,000 $341,600
2016 $10,899 $1,201,600 $860,000 $341,600
2015 $10,754 $1,201,600 $860,000 $341,600
2014 $10,598 $1,201,600 $860,000 $341,600
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

4425 Central Ave Unit 27, Ocean City, NJ

This home is located at 4425 Central Ave Unit 27, Ocean City, NJ 08226 and is currently estimated at $2,427,275, approximately $1,519 per square foot. 4425 Central Ave Unit 27 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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