NOT LISTED FOR SALE

5121 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $2,235,031 - $3,185,000

4 Beds
3 Baths
1,760 Sq Ft
$1,581/Sq Ft Est. Value

About This Home

This home is located at 5121 Central Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $2,782,008, approximately $1,580 per square foot. 5121 Central Ave Unit 1 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
Nov 9, 2017
Sold by
Kac Ii Llc
Bought by
Gilligan Peter F
Current Estimated Value
$2,782,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Outstanding Balance
$1,037,787
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,744,221

Purchase Details

Closed on
Jan 15, 2008
Sold by
Distanislao Robert P
Bought by
Kac Ii Llc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Rihl John B and Rihl Patricia
Bought by
Distanislao Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.62%
Mortgage Type
Balloon
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
Gilligan Peter F $1,650,000 Infinity Title Agency
Kac Ii Llc $1,937,500 Freedom Title & Abstract Co
Distanislao Robert P $1,200,000 Lenders Edge Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilligan Peter F $1,237,500
Previous Owner Distanislao Robert P $333,700
Closed Distanislao Robert P $626,300
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 $16,202 $1,444,000 $860,000 $584,000
2024 $16,202 $1,444,000 $860,000 $584,000
2023 $15,465 $1,444,000 $860,000 $584,000
2022 $14,859 $1,444,000 $860,000 $584,000
2021 $14,512 $1,444,000 $860,000 $584,000
2020 $14,122 $1,444,000 $860,000 $584,000
2019 $13,963 $1,444,000 $860,000 $584,000
2018 $13,834 $1,444,000 $860,000 $584,000
2017 $13,617 $1,444,000 $860,000 $584,000
2016 $13,097 $1,444,000 $860,000 $584,000
2015 $12,924 $1,444,000 $860,000 $584,000
2014 $12,736 $1,444,000 $860,000 $584,000
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5121 Central Ave Unit 1, Ocean City, NJ

This home is located at 5121 Central Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $2,782,008, approximately $1,580 per square foot. 5121 Central Ave Unit 1 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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