NOT LISTED FOR SALE

761 Asbury Ave Office#3 Ocean City, NJ 08226

Estimated Value: $1,612,000

-- Bed
-- Bath
12,890 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 761 Asbury Ave Office#3, Ocean City, NJ 08226 and is currently estimated at $1,612,000, approximately $125 per square foot. 761 Asbury Ave Office#3 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
Jan 2, 2019
Sold by
Mott Joel A
Bought by
Bourse Building Llc
Current Estimated Value
$1,612,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$1,048,366
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$563,634

Purchase Details

Closed on
Feb 16, 2001
Sold by
Lamont Joseph
Bought by
Randazzese Salvatore J and Randazzese Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 1996
Sold by
Bodin Carol
Bought by
Landi Warren

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
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 1989
Sold by
Morrow Morrow and Morrow Morrow
Bought by
Mott Joel
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.

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ICE

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First American

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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.

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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
Bourse Building Llc $1,700,000 --
Randazzese Salvatore J $225,000 --
Randazzese Salvatore J $225,000 --
Landi Warren $256,000 --
Mott Joel $567,300 --
Mott Joel A 3Rd $567,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourse Building Llc $1,190,000
Previous Owner Randazzese Salvatore J $175,000
Previous Owner Landi Warren $100,000
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 $20,914 $1,864,000 $544,500 $1,319,500
2024 $20,914 $1,864,000 $544,500 $1,319,500
2023 $19,963 $1,864,000 $544,500 $1,319,500
2022 $19,181 $1,864,000 $544,500 $1,319,500
2021 $12,891 $1,282,700 $544,500 $738,200
2020 $12,545 $1,282,700 $544,500 $738,200
2019 $12,404 $1,282,700 $544,500 $738,200
2018 $12,288 $1,282,700 $544,500 $738,200
2017 $12,096 $1,282,700 $544,500 $738,200
2016 $11,634 $1,282,700 $544,500 $738,200
2015 $11,480 $1,282,700 $544,500 $738,200
2014 $11,313 $1,282,700 $544,500 $738,200
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

761 Asbury Ave Office#3, Ocean City, NJ

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