601 Ocean Ave Ocean City, NJ 08226
Estimated Value: $651,444 - $1,386,000
--
Bed
--
Bath
2,260
Sq Ft
$451/Sq Ft
Est. Value
About This Home
This home is located at 601 Ocean Ave, Ocean City, NJ 08226 and is currently estimated at $1,018,722, approximately $450 per square foot. 601 Ocean Ave 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 15, 2005
Sold by
Pendleton Gail E and Pendleton Wilson D
Bought by
Cozzan Joseph
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
$100,000
Outstanding Balance
$54,405
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$964,317
Purchase Details
Closed on
Nov 15, 2002
Sold by
Kelly Dennis
Bought by
Pendleton Gail E and March Mike
Purchase Details
Closed on
May 19, 1995
Sold by
Carroll Jospeh M
Bought by
Kelly Dennis and Kelly Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.33%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Cozzan Joseph | $365,000 | Freedom Title & Abstract Co | |
| Pendleton Gail E | $235,000 | -- | |
| Kelly Dennis | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cozzan Joseph | $100,000 | |
| Previous Owner | Kelly Dennis | $120,000 |
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 | $3,368 | $300,200 | $201,600 | $98,600 |
| 2024 | $3,368 | $300,200 | $201,600 | $98,600 |
| 2023 | $3,215 | $300,200 | $201,600 | $98,600 |
| 2022 | $3,089 | $300,200 | $201,600 | $98,600 |
| 2021 | $2,240 | $300,200 | $201,600 | $98,600 |
| 2020 | $2,936 | $300,200 | $201,600 | $98,600 |
| 2019 | $2,903 | $300,200 | $201,600 | $98,600 |
| 2018 | $2,876 | $300,200 | $201,600 | $98,600 |
| 2017 | $2,831 | $300,200 | $201,600 | $98,600 |
| 2016 | $2,723 | $300,200 | $201,600 | $98,600 |
| 2015 | $2,687 | $300,200 | $201,600 | $98,600 |
| 2014 | $2,648 | $300,200 | $201,600 | $98,600 |
Source: Public Records
Map
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