NOT LISTED FOR SALE

5340 Central Ave Unit 42 Ocean City, NJ 08226

Estimated Value: $1,154,000 - $1,402,000

-- Bed
-- Bath
1,560 Sq Ft
$796/Sq Ft Est. Value

About This Home

This home is located at 5340 Central Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,241,562, approximately $795 per square foot. 5340 Central Ave Unit 42 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 16, 2024
Sold by
Scola John A and Scola Tamsin D
Bought by
Wenzel James J and Wenzel Danielle A
Current Estimated Value
$1,241,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$948,961
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$292,601

Purchase Details

Closed on
May 13, 2016
Sold by
Owens William L
Bought by
Scola John A and Scola Tamsin D

Purchase Details

Closed on
Oct 12, 2015
Sold by
Maio Carl R and Maio Mary C
Bought by
Estate Of Mary T Owens and Owens William L
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
Wenzel James J $1,200,000 Surety Title
Wenzel James J $1,200,000 Surety Title
Scola John A $540,000 None Available
Estate Of Mary T Owens -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenzel James J $960,000
Closed Wenzel James J $960,000
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 $6,008 $605,500 $410,000 $195,500
2024 $6,008 $535,500 $410,000 $125,500
2023 $5,735 $535,500 $410,000 $125,500
2022 $5,510 $535,500 $410,000 $125,500
2021 $3,995 $535,500 $410,000 $125,500
2020 $5,237 $535,500 $410,000 $125,500
2019 $5,178 $535,500 $410,000 $125,500
2018 $5,130 $535,500 $410,000 $125,500
2017 $5,050 $535,500 $410,000 $125,500
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5340 Central Ave Unit 42, Ocean City, NJ

This home is located at 5340 Central Ave Unit 42, Ocean City, NJ 08226 and is currently estimated at $1,241,562, approximately $795 per square foot. 5340 Central Ave Unit 42 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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