NOT LISTED FOR SALE

4740 West Ave Unit 42 Ocean City, NJ 08226

Estimated Value: $982,487 - $1,280,000

-- Bed
-- Bath
1,427 Sq Ft
$761/Sq Ft Est. Value

About This Home

This home is located at 4740 West Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,086,122, approximately $761 per square foot. 4740 West 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
Jul 24, 2017
Sold by
Gehrke Peter A and Gehrke Meredith A
Bought by
Gehrke Peter A and Gehrke Meredith A
Current Estimated Value
$1,086,122

Purchase Details

Closed on
Sep 16, 2000
Sold by
Gallasch Robert H
Bought by
Gehrke Peter A and Gehrke Meredith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$45,461
Interest Rate
8.07%
Estimated Equity
$1,040,661

Purchase Details

Closed on
May 14, 1994
Sold by
Brown Stephen J
Bought by
Gallasch Robert H and Gallasch Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.93%
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
Gehrke Peter A -- None Available
Gehrke Peter A $277,500 --
Gallasch Robert H $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehrke Peter A $125,000
Previous Owner Gallasch Robert H $137,000
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 $5,194 $462,900 $288,000 $174,900
2024 $5,194 $462,900 $288,000 $174,900
2023 $4,958 $462,900 $288,000 $174,900
2022 $4,763 $462,900 $288,000 $174,900
2021 $3,453 $462,900 $288,000 $174,900
2020 $4,527 $462,900 $288,000 $174,900
2019 $4,476 $462,900 $288,000 $174,900
2018 $4,301 $449,000 $288,000 $161,000
2017 $4,234 $449,000 $288,000 $161,000
2016 $4,072 $449,000 $288,000 $161,000
2015 $4,019 $449,000 $288,000 $161,000
2014 $3,960 $449,000 $288,000 $161,000
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

4740 West Ave Unit 42, Ocean City, NJ

This home is located at 4740 West Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,086,122, approximately $761 per square foot. 4740 West 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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