629 Ocean Ave Unit 31 Ocean City, NJ 08226
Estimated Value: $1,395,000 - $1,748,000
--
Bed
--
Bath
1,662
Sq Ft
$922/Sq Ft
Est. Value
About This Home
This home is located at 629 Ocean Ave Unit 31, Ocean City, NJ 08226 and is currently estimated at $1,531,937, approximately $921 per square foot. 629 Ocean Ave Unit 31 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
May 22, 2004
Sold by
Mcowen Joseph and Mcowen Monique
Bought by
Raya Michael A and Raya Vincenta
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
$490,400
Outstanding Balance
$203,353
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,328,584
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 |
|---|---|---|---|
| Raya Michael A | $619,000 | Ocean City Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raya Michael A | $490,400 |
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 | $8,100 | $721,900 | $268,800 | $453,100 |
| 2024 | $8,100 | $721,900 | $268,800 | $453,100 |
| 2023 | $7,732 | $721,900 | $268,800 | $453,100 |
| 2022 | $7,428 | $721,900 | $268,800 | $453,100 |
| 2021 | $5,385 | $721,900 | $268,800 | $453,100 |
| 2020 | $7,060 | $721,900 | $268,800 | $453,100 |
| 2019 | $6,981 | $721,900 | $268,800 | $453,100 |
| 2018 | $6,916 | $721,900 | $268,800 | $453,100 |
| 2017 | $6,808 | $721,900 | $268,800 | $453,100 |
| 2016 | $6,548 | $721,900 | $268,800 | $453,100 |
| 2015 | $6,461 | $593,200 | $268,800 | $324,400 |
| 2014 | $5,232 | $593,200 | $268,800 | $324,400 |
Source: Public Records
Map
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