400 AtlanticOcean City, NJ 08226

  • Residential income properties
  • 6,894 SF
Off market
$940,200 Estimated

Property Details for 400 Atlantic

Year built
1932
Construction
FRAME
Lot size
0.08 AC
Property size (Sq ft)
6,894 SF
Zone code
AT41
Property type
Residential income properties
Property subtype
Residential income homes
APN
08 00404-0000-00016
APU
800404000000016

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,699,537
    6.5%
    $2,491,880
    7%
    $2,313,889
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,396,194
    Geo Method
    $1,396,194
  • Alternative Use

    Use
    Valuation
    Residential
    $2,491,880
    Hospitality
    $2,282,549
    Educational
    $1,899,054
    Medical
    $1,964,365
    Retail
    $2,954,084
400 Atlantic, Ocean City, New Jersey

Location Insight

City
Ocean City
County
Cape May
State
New Jersey
Latitude
39.282
Longitude
-74.5665
CBSA code
36140
CBSA name
OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,675
$526,600
$413,600
$940,200
-
$526,600
$413,600
$940,200

FAQs

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