NOT LISTED FOR SALE

501 3rd St Ocean City, NJ 08226

Estimated Value: $906,715 - $1,232,000

2 Beds
1 Bath
1,428 Sq Ft
$728/Sq Ft Est. Value

Highlights

  • Corner Lot
  • Porch
  • 5-minute walk to Lake Memorial Park
  • Ocean City Primary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

This home is located at 501 3rd St, Ocean City, NJ 08226 since 12 November 2014 and is currently priced at $1,039,929. This property was built in 1920. 501 3rd St 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.

Last Agent to Rent the Property

John A. McCann

C A McCann and Sons, Inc Listed on: 11/12/2014

Last Renter's Agent

John A. McCann

C A McCann and Sons, Inc Listed on: 11/12/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,045

Year Built

  • 1920

Lot Details

  • 2,483

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Corner Lot

Community Details

  • Pet Restriction

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,045

Year Built

1920

Lot Details

0

Rental Info

  • Pets Allowed: Yes W/Restrictions
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Mccann John A and Mccann Kathleen M
Bought by
Mccann Family 501 Third Street Irrevocable Tr
Current Estimated Value
$1,039,929

Purchase Details

Closed on
Oct 23, 2006
Sold by
Mccann Kathleen M
Bought by
Mccann John A and Mccann Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 16, 2003
Sold by
Scheuer Conrad
Bought by
Mccann Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1990
Sold by
Turkington Florence M
Bought by
Turkington Forence M and Turkington Thomas M
Source: Public Records

Range of Values:

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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
Mccann Family 501 Third Street Irrevocable Tr -- None Listed On Document
Mccann John A -- Congress Title
Mccann Kathleen $320,000 --
Mccann Kathleen M $320,000 Congress Title Company
Turkington Forence M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccann John A $100,000
Previous Owner Mccann John A $330,000
Previous Owner Mccann Kathleen M $120,000
Previous Owner Mccann Kathleen $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Rented -- -- --
11/12/2014 11/12/14 For Rent -- -- --
Source: South Jersey Shore Regional MLS

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 $5,045 $449,600 $293,400 $156,200
2024 $5,045 $449,600 $293,400 $156,200
2023 $4,815 $449,600 $293,400 $156,200
2022 $4,626 $449,600 $293,400 $156,200
2021 $3,354 $449,600 $293,400 $156,200
2020 $4,397 $449,600 $293,400 $156,200
2019 $4,348 $449,600 $293,400 $156,200
2018 $4,307 $449,600 $293,400 $156,200
2017 $4,240 $449,600 $293,400 $156,200
2016 $4,078 $449,600 $293,400 $156,200
2015 $4,024 $449,600 $293,400 $156,200
2014 $3,965 $449,600 $293,400 $156,200
Source: Public Records

Agents Affiliated with this Home

  • John A. McCann

    Landlord's Agent in 2014

    John A. McCann

    C A McCann and Sons, Inc

    (609) 408-8106

    44 in this area

    148 Total Sales

    John A. McCann
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 439034

South Jersey Shore Regional MLS

APN: 08-00209-0000-00001

New Jersey Cape May County Ocean City 08226

501 3rd St, Ocean City, NJ

This home is located at 501 3rd St, Ocean City, NJ 08226 since 12 November 2014 and is currently priced at $1,039,929. This property was built in 1920. 501 3rd St 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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