5612 Bay Ave Unit 5612 Ocean City, NJ 08226
Estimated Value: $961,817 - $1,102,000
3
Beds
3
Baths
1,766
Sq Ft
$571/Sq Ft
Est. Value
About This Home
This home is located at 5612 Bay Ave Unit 5612, Ocean City, NJ 08226 and is currently estimated at $1,008,204, approximately $570 per square foot. 5612 Bay Ave Unit 5612 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
Jul 26, 2017
Sold by
Macleish Charlene and Monti Charlene
Bought by
Garbarino Anthony J and Garbarino Jennifer A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$264,103
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$744,101
Purchase Details
Closed on
Apr 30, 1997
Sold by
Newcomer David K
Bought by
Macleish Richard and Monti Charlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.85%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Garbarino Anthony J | $440,000 | None Available | |
Macleish Richard | $176,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Garbarino Anthony J | $316,000 | |
Previous Owner | Macleish Richard | $141,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,865 | $433,600 | $228,300 | $205,300 |
2024 | $4,865 | $433,600 | $228,300 | $205,300 |
2023 | $4,644 | $433,600 | $228,300 | $205,300 |
2022 | $4,462 | $433,600 | $228,300 | $205,300 |
2021 | $4,241 | $433,600 | $228,300 | $205,300 |
2020 | $4,241 | $433,600 | $228,300 | $205,300 |
2019 | $4,193 | $433,600 | $228,300 | $205,300 |
2018 | $4,154 | $433,600 | $228,300 | $205,300 |
2017 | $4,089 | $433,600 | $228,300 | $205,300 |
2016 | $3,933 | $433,600 | $228,300 | $205,300 |
2015 | $3,881 | $433,600 | $228,300 | $205,300 |
2014 | $3,824 | $433,600 | $228,300 | $205,300 |
Source: Public Records
Map
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