NOT LISTED FOR SALE

4948 Asbury Ave Unit 50 Ocean City, NJ 08226

Estimated Value: $1,002,938 - $1,290,000

-- Bed
-- Bath
1,201 Sq Ft
$953/Sq Ft Est. Value

About This Home

This home is located at 4948 Asbury Ave Unit 50, Ocean City, NJ 08226 and is currently estimated at $1,144,235, approximately $952 per square foot. 4948 Asbury Ave Unit 50 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
Jan 24, 2017
Sold by
Cutone Michael and Cutone Donna
Bought by
Leap Property Llc
Current Estimated Value
$1,144,235

Purchase Details

Closed on
Apr 15, 2005
Sold by
Pitfield David K and Pitfield Eileen G
Bought by
Cutone Michael and Cutone Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2005
Sold by
Sea Breeze Development Llc
Bought by
Pitfield David K and Pitfield Eileen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
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
Leap Property Llc $592,500 Multiple
Cutone Michael $835,000 Mutual Title Agency
Pitfield David K $665,000 Ocean City Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutone Michael $195,000
Previous Owner Pitfield David K $532,000
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 $6,400 $570,400 $283,500 $286,900
2024 $6,400 $570,400 $283,500 $286,900
2023 $6,109 $570,400 $283,500 $286,900
2022 $5,869 $570,400 $283,500 $286,900
2021 $4,255 $570,400 $283,500 $286,900
2020 $5,579 $570,400 $283,500 $286,900
2019 $5,516 $570,400 $283,500 $286,900
2018 $5,464 $570,400 $283,500 $286,900
2017 $5,379 $570,400 $283,500 $286,900
2016 $5,174 $570,400 $283,500 $286,900
2015 $5,105 $570,400 $283,500 $286,900
2014 $5,031 $570,400 $283,500 $286,900
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

4948 Asbury Ave Unit 50, Ocean City, NJ

This home is located at 4948 Asbury Ave Unit 50, Ocean City, NJ 08226 and is currently estimated at $1,144,235, approximately $952 per square foot. 4948 Asbury Ave Unit 50 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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