NOT LISTED FOR SALE

616 Atlantic Ave Unit 18 Ocean City, NJ 08226

Estimated Value: $1,485,721 - $1,761,000

-- Bed
-- Bath
2,384 Sq Ft
$692/Sq Ft Est. Value

About This Home

This home is located at 616 Atlantic Ave Unit 18, Ocean City, NJ 08226 and is currently estimated at $1,650,430, approximately $692 per square foot. 616 Atlantic Ave Unit 18 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 25, 2024
Sold by
Brown Richard Scott and Wick Nancy J
Bought by
616-18 Atlantic Ave Llc
Current Estimated Value
$1,673,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,210,000
Outstanding Balance
$2,186,767
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
-$536,337

Purchase Details

Closed on
Mar 8, 2024
Sold by
L Richard Borwn Revocable Living Trust
Bought by
Brown Richard Scott and Wick Nancy J

Purchase Details

Closed on
Nov 15, 1985
Bought by
Sandra Brown L and Sandra Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
616-18 Atlantic Ave Llc $1,450,000 Surety Title
Brown Richard Scott -- None Listed On Document
Brown Richard Scott -- None Listed On Document
Sandra Brown L $32,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 616-18 Atlantic Ave Llc $2,210,000
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 $7,660 $619,400 $619,400 --
2024 $7,660 $682,700 $619,400 $63,300
2023 $7,312 $682,700 $619,400 $63,300
2022 $7,025 $682,700 $619,400 $63,300
2021 $5,085 $682,700 $619,400 $63,300
2020 $6,677 $682,700 $619,400 $63,300
2019 $6,573 $679,700 $619,400 $60,300
2018 $6,512 $679,700 $619,400 $60,300
2017 $6,410 $679,700 $619,400 $60,300
2016 $6,165 $679,700 $619,400 $60,300
2015 $6,083 $679,700 $619,400 $60,300
2014 $5,995 $679,700 $619,400 $60,300
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

616 Atlantic Ave Unit 18, Ocean City, NJ

Not Listed for Sale

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