NOT LISTED FOR SALE

5418 Central Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $1,261,935 - $2,138,000

4 Beds
2 Baths
1,416 Sq Ft
$1,169/Sq Ft Est. Value

About This Home

This home is located at 5418 Central Ave Unit 2, Ocean City, NJ 08226 and is currently estimated at $1,654,984, approximately $1,168 per square foot. 5418 Central Ave Unit 2 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, 2003
Sold by
Plunkett Richard C
Bought by
Melvin Francis D and Melvin Barbara B
Current Estimated Value
$1,654,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$348,455
Interest Rate
5.82%
Estimated Equity
$1,306,529
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Melvin Francis D $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melvin Francis D $800,000
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 $9,261 $825,400 $410,000 $415,400
2024 $9,261 $825,400 $410,000 $415,400
2023 $8,840 $825,400 $410,000 $415,400
2022 $8,493 $825,400 $410,000 $415,400
2021 $6,157 $825,400 $410,000 $415,400
2020 $8,072 $825,400 $410,000 $415,400
2019 $7,982 $825,400 $410,000 $415,400
2018 $7,907 $825,400 $410,000 $415,400
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5418 Central Ave Unit 2, Ocean City, NJ

This home is located at 5418 Central Ave Unit 2, Ocean City, NJ 08226 and is currently estimated at $1,654,984, approximately $1,168 per square foot. 5418 Central Ave Unit 2 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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