4942 Central Ave Unit 2 Ocean City, NJ 08226
Estimated Value: $1,417,165 - $1,706,000
4
Beds
2
Baths
1,520
Sq Ft
$1,007/Sq Ft
Est. Value
About This Home
This home is located at 4942 Central Ave Unit 2, Ocean City, NJ 08226 and is currently estimated at $1,530,291, approximately $1,006 per square foot. 4942 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
Oct 18, 2017
Sold by
Grisbaum Epiphany Mcguigan and The Estate Of John J Mcguigan
Bought by
Wakai Todda A and Wakai Sandra J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$511,329
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,018,962
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wakai Todda A | $765,000 | None Available | |
| 4940 4942 Central Avenue Condominium | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 4940 4942 Central Avenue Condominium | $612,000 | |
| Closed | Wakai Todda A | $612,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,014 | $714,300 | $451,000 | $263,300 |
| 2024 | $8,014 | $714,300 | $451,000 | $263,300 |
| 2023 | $7,650 | $714,300 | $451,000 | $263,300 |
| 2022 | $7,350 | $714,300 | $451,000 | $263,300 |
| 2021 | $6,907 | $714,300 | $451,000 | $263,300 |
| 2020 | $6,986 | $714,300 | $451,000 | $263,300 |
| 2019 | $6,907 | $714,300 | $451,000 | $263,300 |
Source: Public Records
Map
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