NOT LISTED FOR SALE

5041 Central Ave Unit A Ocean City, NJ 08226

Estimated Value: $2,055,000 - $2,762,000

-- Bed
-- Bath
1,708 Sq Ft
$1,445/Sq Ft Est. Value

About This Home

This home is located at 5041 Central Ave Unit A, Ocean City, NJ 08226 and is currently estimated at $2,467,300, approximately $1,444 per square foot. 5041 Central Ave Unit A 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
Apr 28, 2021
Sold by
Ferguson Joseph D and Ferguson Michele A
Bought by
Park Daniel B and Park Rosalie
Current Estimated Value
$2,467,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,296,750
Outstanding Balance
$1,175,179
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,292,121

Purchase Details

Closed on
Mar 28, 2011
Sold by
Ferguson Joseph D and Ferguson Michele A
Bought by
Ferguson Joseph D and Ferguson Michele A

Purchase Details

Closed on
Jul 31, 2009
Sold by
Snyder John E and Snyder Joan A
Bought by
Ferguson Joseph D and Ferguson Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1991
Sold by
Booth Dorothy T
Bought by
Snyder John E and Snyder Joan A
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
Park Daniel B $1,995,000 The Title Company
Ferguson Joseph D -- None Available
Ferguson Joseph D $999,999 The Title Company Of Jersey
Snyder John E $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Daniel B $1,296,750
Previous Owner Ferguson Joseph D $245,000
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 $15,246 $1,358,800 $834,200 $524,600
2024 $15,246 $1,358,800 $834,200 $524,600
2023 $14,553 $1,358,800 $834,200 $524,600
2022 $13,982 $1,358,800 $834,200 $524,600
2021 $10,099 $1,353,700 $774,000 $579,700
2020 $13,239 $1,353,700 $774,000 $579,700
2019 $13,090 $1,353,700 $774,000 $579,700
2018 $12,968 $1,353,700 $774,000 $579,700
2017 $12,765 $1,353,700 $774,000 $579,700
2016 $12,278 $1,353,700 $774,000 $579,700
2015 $12,116 $1,353,700 $774,000 $579,700
2014 $11,940 $1,353,700 $774,000 $579,700
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5041 Central Ave Unit A, Ocean City, NJ

This home is located at 5041 Central Ave Unit A, Ocean City, NJ 08226 and is currently estimated at $2,467,300, approximately $1,444 per square foot. 5041 Central Ave Unit A 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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