NOT LISTED FOR SALE

509 E 16th St Unit C Ocean City, NJ 08226

Estimated Value: $644,251 - $1,066,000

-- Bed
-- Bath
936 Sq Ft
$850/Sq Ft Est. Value

About This Home

This home is located at 509 E 16th St Unit C, Ocean City, NJ 08226 and is currently estimated at $795,563, approximately $849 per square foot. 509 E 16th St Unit C 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
Dec 30, 2020
Sold by
Smith Mark E
Bought by
Redacted Upon Request
Current Estimated Value
$795,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Outstanding Balance
$327,326
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$468,237

Purchase Details

Closed on
May 21, 2004
Sold by
Gray Scott A
Bought by
Smith Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Redacted Upon Request $407,500 Fidelity National Title
Smith Mark E $380,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $366,750
Previous Owner Smith Mark E $304,000
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 $4,408 $392,900 $284,200 $108,700
2024 $4,408 $392,900 $284,200 $108,700
2023 $4,208 $392,900 $284,200 $108,700
2022 $4,043 $392,900 $284,200 $108,700
2021 $2,931 $392,900 $284,200 $108,700
2020 $3,843 $392,900 $284,200 $108,700
2019 $3,799 $392,900 $284,200 $108,700
2018 $3,764 $392,900 $284,200 $108,700
2017 $3,705 $392,900 $284,200 $108,700
2016 $3,564 $392,900 $284,200 $108,700
2015 $3,516 $392,900 $284,200 $108,700
2014 $3,465 $392,900 $284,200 $108,700
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

509 E 16th St Unit C, Ocean City, NJ

This home is located at 509 E 16th St Unit C, Ocean City, NJ 08226 and is currently estimated at $795,563, approximately $849 per square foot. 509 E 16th St Unit C 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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