NOT LISTED FOR SALE

5505 Central Ave Unit 7 Ocean City, NJ 08226

Estimated Value: $1,797,000 - $2,665,000

-- Bed
-- Bath
1,590 Sq Ft
$1,456/Sq Ft Est. Value

About This Home

This home is located at 5505 Central Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $2,315,291, approximately $1,456 per square foot. 5505 Central Ave Unit 7 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
Feb 26, 2008
Sold by
Maynes Brenda J
Bought by
Rossetti Andrew J
Current Estimated Value
$2,315,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$218,803
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,096,488

Purchase Details

Closed on
Nov 3, 1992
Sold by
Rossetti Rudolph J and Rossetti Sara G
Bought by
Rossetti Rudolph J and Rossetti Sara G
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
Rossetti Andrew J $350,000 None Available
Rossetti Andrew J -- None Available
Rossetti Rudolph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossetti Andrew J $350,000
Closed Rossetti Andrew J $350,000
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 $17,252 $1,537,600 $860,000 $677,600
2024 $17,252 $1,537,600 $860,000 $677,600
2023 $16,468 $1,537,600 $860,000 $677,600
2022 $15,822 $1,537,600 $860,000 $677,600
2021 $11,471 $1,537,600 $860,000 $677,600
2020 $15,038 $1,537,600 $860,000 $677,600
2019 $14,869 $1,537,600 $860,000 $677,600
2018 $9,852 $1,028,400 $860,000 $168,400
2017 $9,698 $1,028,400 $860,000 $168,400
2016 $9,328 $1,028,400 $860,000 $168,400
2015 $9,204 $1,028,400 $860,000 $168,400
2014 $9,070 $1,028,400 $860,000 $168,400
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

5505 Central Ave Unit 7, Ocean City, NJ

This home is located at 5505 Central Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $2,315,291, approximately $1,456 per square foot. 5505 Central Ave Unit 7 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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