418 OceanOcean City, NJ 08226
- Residential income properties
- 5,652 SF
Off market
$685,400 Estimated
Property Details for 418 Ocean
- Year built
- 1894
- Construction
- FRAME
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 5,652 SF
- Zone code
- HD1
- Property type
- Residential income properties
- Property subtype
- Residential income homes
- APN
- 08 00405-0000-00013
- APU
- 800405000000013
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,213,196
- 6.5%
- $2,042,951
- 7%
- $1,897,026
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,144,660
- Geo Method
- $1,144,660
-
Alternative Use
- Use
- Valuation
- Residential
- $2,042,951
- Hospitality
- $1,871,332
- Educational
- $1,556,926
- Medical
- $1,610,471
- Retail
- $2,421,885
418 Ocean, Ocean City, New Jersey
Location Insight
- City
- Ocean City
- County
- Cape May
- State
- New Jersey
- Latitude
- 39.2823
- Longitude
- -74.5679
- 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
$7,053
$335,300
$350,100
$685,400
-
$335,300
$350,100
$685,400
Comparable in this City
Similar Nearby for Lease
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