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234 East Atlantic Boulevard

234 East Atlantic Boulevard, Ocean City, NJ 08226
Property in Ocean City
Sold Mar 25, 2021
$4,150,000
$3,112,500 by Prosperity Home Mortgage Llc
Mortgage
234 East Atlantic Boulevard in Ocean City, NJ was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 2 floors. 234 East Atlantic Boulevard has 3,851 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 567 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 7,370 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 234 East Atlantic Boulevard was last sold in Feb 5, 2021 for $4,150,000. According to our calculations, that's $1,077.64 per sqft. Current property owners are expected to pay $28,781 in taxes per year. The property on 234 East Atlantic Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,687,300. To break that down further, the land itself was valued at $1,626,200. While improvements to the property were assessed at a total of $1,061,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
Wood Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,370
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 567
  • Total Building Area: 3,851
  • Building Area: 3,851
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,851
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB24G L2453

Ownership

  • Current Owner : NARKE EDWARD A
  • Current Owner 2: NARKE JAMIE R
  • Previous Owner : FRACIS RICHARD M
  • Previous Owner 2: CORMIE SUZANNE
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Ocean City School District
  • Census Tract: 020201

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 08
  • Parcel: 08 00070- 28-00025
  • Block: 70.28
  • Lot: 25
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2874
  • Longitude: -74.5544

    Address

  • Full Address: 234 E Atlantic Blvd
  • Address - House Number: 234
  • Street Direction: E
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C002
  • 4-Digit Zip Code: 4513
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,781

    Appraisal Valuation

  • Standard Deviation: 0.2518
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 5,605,292
  • High Value: 7,017,084
  • Low Value: 4,193,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,112,500
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $3,112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $3,994,797
  • Market Land Value: $2,417,422
  • Market Improvement Value: $1,577,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,687,300
  • Assessed Land Value: $1,626,200
  • Assessed Improvements Value: $1,061,100

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11830460393
  • Current Sale Price: $4,150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021015156

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $3,112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Ocean City



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Frequently Asked Questions

What neighborhood is 234 East Atlantic Boulevard located in?
The 234 East Atlantic Boulevard is a located in the neighborhood of Ocean City in Ocean City, Ocean City.
What is the average sales price for listings in 234 East Atlantic Boulevard?
The average sales price for units in 234 East Atlantic Boulevard is $0 currently.

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