NOT LISTED FOR SALE

620 Atlantic Ave Ocean City, NJ 08226

Estimated Value: $2,698,727 - $3,256,000

-- Bed
-- Bath
3,157 Sq Ft
$937/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $2,800,000 $887 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $16,644/month

Highlights

  • Heating Available
  • Ocean City Primary School Rated A
  • 4-minute walk to Veterans Memorial Park

About This Home

As of October 2024

Great location...close to beach and boardwalk, steps to downtown

Last Agent to Sell the Property

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 10/19/2024

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Dean Chorin

BHHS FOX and ROACH-109 34th OC Listed on: 10/19/2024

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,656

Year Built

  • Built in 1939

Lot Details

  • 9,104

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Additional Features

  • Lot Dimensions are 70 x 130
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,656

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 10/19/2024
  • Year Built: 1939
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 70 X 130

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
Sep 24, 2024
Sold by
Pfander Mark S and Pfander Jennifer A
Bought by
V2 Properties Entity 7 Llc
Seller's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dean Chorin
BHHS FOX and ROACH-109 34th OC
List Price
$2,800,000
Sold Price
$2,800,000
Current Estimated Value
$2,957,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,182
Avg. Annual Appreciation
3.56%
Original Mortgage
$1,820,000
Outstanding Balance
$1,802,652
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,083,953

Purchase Details

Closed on
May 25, 2018
Sold by
Neall Mery E
Bought by
Pfander Mark S and Pfander Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2005
Sold by
Unger Franklin K
Bought by
Unger Franklin K and Unger Alice Z

Purchase Details

Closed on
Feb 9, 2005
Sold by
Unger Franklin K and Unger Alice Z
Bought by
Unger Franklin K and Unger Alice Z
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
V2 Properties Entity 7 Llc $2,800,000 Freedom Title
Pfander Mark S $275,666 --
Unger Franklin K -- --
Unger Franklin K -- --
Unger Franklin K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open V2 Properties Entity 7 Llc $1,820,000
Previous Owner Pfander Mark S $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $2,800,000 0.0% $887 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
10/19/2024 10/19/24 For Sale $2,800,000 -- $887 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $10,656 $803,600 $803,600 --
2024 $10,656 $949,700 $803,600 $146,100
2023 $10,171 $949,700 $803,600 $146,100
2022 $9,772 $949,700 $803,600 $146,100
2021 $7,085 $949,700 $803,600 $146,100
2020 $9,288 $949,700 $803,600 $146,100
2019 $9,184 $949,700 $803,600 $146,100
2018 $8,848 $949,700 $803,600 $146,100
2017 $8,596 $938,100 $723,200 $214,900
2016 $8,259 $938,100 $723,200 $214,900
2015 $8,146 $938,100 $723,200 $214,900
2014 $8,024 $938,100 $723,200 $214,900
Source: Public Records

Agents Affiliated with this Home

  • Dean Chorin

    Seller's Agent in 2024

    Dean Chorin

    BHHS Fox & Roach

    (609) 602-0313

    151 in this area

    184 Total Sales

    Dean Chorin
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 590163

South Jersey Shore Regional MLS

APN: 08-00601-0000-00023

New Jersey Cape May County Ocean City 08226

620 Atlantic Ave, Ocean City, NJ

This home is located at 620 Atlantic Ave, Ocean City, NJ 08226 since 19 October 2024 and is currently estimated at $2,957,182, approximately $936 per square foot. This property was built in 1939. 620 Atlantic 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes