NOT LISTED FOR SALE

501 E 16th St Unit 3 Ocean City, NJ 08226

Estimated Value: $1,438,652 - $1,627,000

-- Bed
-- Bath
1,726 Sq Ft
$879/Sq Ft Est. Value

About This Home

This home is located at 501 E 16th St Unit 3, Ocean City, NJ 08226 and is currently estimated at $1,516,913, approximately $878 per square foot. 501 E 16th St Unit 3 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
Feb 21, 2012
Sold by
Morrison George and Morrison Cheryl L
Bought by
Spear Realty Llc
Current Estimated Value
$1,516,913

Purchase Details

Closed on
Feb 17, 2011
Sold by
Morrison George and Cooney Mark
Bought by
Morrison George and Morrison Cheryl L

Purchase Details

Closed on
Mar 14, 2005
Sold by
Lynch William and Pirocchi George
Bought by
Morrison George and Cooney Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
5.37%
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
Spear Realty Llc $742,000 Shore Title
Morrison George -- Foundation Title Llc
Morrison George $995,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison George $796,000
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 $8,085 $720,600 $384,700 $335,900
2024 $8,085 $720,600 $384,700 $335,900
2023 $7,718 $720,600 $384,700 $335,900
2022 $7,415 $720,600 $384,700 $335,900
2021 $7,242 $720,600 $384,700 $335,900
2020 $7,047 $720,600 $384,700 $335,900
2019 $6,968 $720,600 $384,700 $335,900
2018 $6,903 $720,600 $384,700 $335,900
2017 $6,795 $720,600 $384,700 $335,900
2016 $6,536 $720,600 $384,700 $335,900
2015 $6,449 $720,600 $384,700 $335,900
2014 $6,356 $720,600 $384,700 $335,900
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

501 E 16th St Unit 3, Ocean City, NJ

This home is located at 501 E 16th St Unit 3, Ocean City, NJ 08226 and is currently estimated at $1,516,913, approximately $878 per square foot. 501 E 16th St Unit 3 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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