NOT LISTED FOR SALE

5121 Central Ave Unit 23 Ocean City, NJ 08226

Estimated Value: $2,244,000 - $3,239,000

-- Bed
-- Bath
1,760 Sq Ft
$1,609/Sq Ft Est. Value

About This Home

This home is located at 5121 Central Ave Unit 23, Ocean City, NJ 08226 and is currently estimated at $2,831,196, approximately $1,608 per square foot. 5121 Central Ave Unit 23 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
Sep 24, 2021
Sold by
Hatcher Jonathan L and Hatcher Mary E
Bought by
Gilligan Peter F
Current Estimated Value
$2,831,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,250
Outstanding Balance
$1,692,727
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,266,389

Purchase Details

Closed on
Mar 22, 2012
Sold by
Distanislao Robert
Bought by
Hatcher Jonathan L and Hatcher Mary Kate E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2000
Sold by
W F Partnership
Bought by
Distanislao Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.84%
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 -- The Title Company
Gilligan Peter F -- The Title Company
Hatcher Jonathan L $1,800,000 Chicago Title
Distanislao Robert $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilligan Peter F $1,856,250
Closed Gilligan Peter F $1,856,250
Previous Owner Hatcher Jonathan L $1,260,000
Previous Owner Distanislao Robert $428,000
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 $18,183 $1,620,600 $860,000 $760,600
2024 $18,183 $1,620,600 $860,000 $760,600
2023 $17,357 $1,620,600 $860,000 $760,600
2022 $16,676 $1,620,600 $860,000 $760,600
2021 $12,090 $1,620,600 $860,000 $760,600
2020 $15,849 $1,620,600 $860,000 $760,600
2019 $15,671 $1,620,600 $860,000 $760,600
2018 $15,525 $1,620,600 $860,000 $760,600
2017 $15,282 $1,620,600 $860,000 $760,600
2016 $14,699 $1,620,600 $860,000 $760,600
2015 $14,504 $1,620,600 $860,000 $760,600
2014 $14,294 $1,620,600 $860,000 $760,600
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5121 Central Ave Unit 23, Ocean City, NJ

This home is located at 5121 Central Ave Unit 23, Ocean City, NJ 08226 and is currently estimated at $2,831,196, approximately $1,608 per square foot. 5121 Central Ave Unit 23 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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