NOT LISTED FOR SALE

848B 2nd St Ocean City, NJ 08226

Estimated Value: $1,000,444 - $1,313,000

-- Bed
-- Bath
1,650 Sq Ft
$687/Sq Ft Est. Value

About This Home

This home is located at 848B 2nd St, Ocean City, NJ 08226 and is currently estimated at $1,133,111, approximately $686 per square foot. 848B 2nd St 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
Dec 20, 2021
Sold by
Flogaus Steve D and Flogaus Anna
Bought by
Silbert Michael D and Silbert Vjera V
Current Estimated Value
$1,133,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Loschiavo Charles G and Loschiavo Diane C
Bought by
Thorn Arthur B and Thorn Margaret G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 1988
Sold by
Onesti Frank
Bought by
Milligan John and Milligan Maryanne
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

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.

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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.

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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
Silbert Michael D $1,100,000 None Listed On Document
Silbert Michael D $1,100,000 Master John J
Thorn Arthur B $516,000 The Title Company Of Jersey
Milligan John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silbert Michael D $700,000
Previous Owner Thorn Arthur B $387,000
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
2024 $5,827 $519,300 $340,600 $178,700
2023 $5,562 $519,300 $340,600 $178,700
2022 $5,344 $519,300 $340,600 $178,700
2021 $3,745 $502,400 $340,600 $161,800
2020 $4,913 $502,400 $340,600 $161,800
2019 $4,858 $502,400 $340,600 $161,800
2018 $4,813 $502,400 $340,600 $161,800
2017 $4,738 $502,400 $340,600 $161,800
2016 $4,557 $502,400 $340,600 $161,800
2015 $4,496 $502,400 $340,600 $161,800
2014 $4,431 $502,400 $340,600 $161,800
Source: Public Records

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