5 Somerset Lane Ocean City, NJ 08226
Actions
Property flags
Built 1954 · Residential1 owner signal on a paid plan
- Assessed
- $1,011,000
- Last sale
- $360,000Aug 7, 2020
- Built
- 1954
- Size
- 898 sq ft
- Status
- No open cases
Property information
- Block
- 3707
- Lot
- 2
- Qualifier
- —
- County
- Cape May
- Municipality
- Ocean City
- Tax map page
- 34
- Land description
- 80X90
Building details
- Building class
- 17
- Description
- 3S-F-AG
- Dwellings
- 1
- Zoning
- —
- Square feet
- 898
- Acreage
- 0.17 ac
Assessment
- Land value
- $254,400
- 25%
- Improvement value
- $756,600
- 75%
- Total assessment
- $1,011,000
- Sale assessment
- Sign in to see
- Tax (2024)
- $11,343
Owner mailing
- Street address
Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.
11 events · 1954–202111events19542021
Sign in to see the parties and documents
Mortgage discharged
Instrument2021017851CountyCape_mayNotice of settlement recorded
Instrument2021006793CountyCape_mayMortgage recorded
Instrument2020026813CountyCape_may- $360,000
Deed recorded
+20% vs 2019Held1.3 yrsRecordedAug 21, 2020 Notice of settlement recorded
Instrument2020023705CountyCape_may- $300,000
Deed recorded
+36% vs 2014Held4.6 yrsRecordedApr 18, 2019 Notice of settlement recorded
Instrument2019087875CountyCape_may- 5 years
- $221,000
Deed recorded
+211% vs 1983Per sq ft$246Held30.8 yrsSq ft898RecordedSep 4, 2014 - 31 years
- $71,000
Deed recorded
- 30 years
Property Built
No tax distress on record
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 2024 | $11,343 | +4.8% | $254,400 | $756,600 | $1,011,000 |
| 2023 | $10,828 | +6.6% | $254,400 | $756,600 | $1,011,000 |
| 2022 | $10,161 | +226.9% | $254,400 | $756,600 | $1,011,000 |
| 2021 | $3,108 | +1.1% | $254,400 | — | $254,400 |
| 2020 | $3,073 | +0.9% | $254,400 | $63,400 | $317,800 |
| 2019 | $3,045 | +1.6% | $254,400 | $63,400 | $317,800 |
| 2018 | $2,997 | +4.0% | $254,400 | $63,400 | $317,800 |
| 2017 | $2,882 | +1.3% | $254,400 | $63,400 | $317,800 |
| 2016 | $2,844 | +1.5% | $254,400 | $63,400 | $317,800 |
| 2015 | $2,803 | +4.8% | $254,400 | $63,400 | $317,800 |
| 2014 | $2,676 | -20.7% | $254,400 | $63,400 | $317,800 |
| 2013 | $3,374 | +4.1% | $254,400 | $63,400 | $317,800 |
| 2012 | $3,240 | +2.6% | $352,900 | $78,000 | $430,900 |
| 2011 | $3,159 | +3.8% | $352,900 | $78,000 | $430,900 |
| 2010 | $3,042 | +4.4% | $352,900 | $78,000 | $430,900 |
| 2009 | $2,913 | +31.9% | $352,900 | $78,000 | $430,900 |
| 2008 | $2,209 | +3.1% | $352,900 | $78,000 | $430,900 |
| 2007 | $2,143 | +1.0% | $151,900 | $69,000 | $220,900 |
| 2006 | $2,121 | -1.0% | $151,900 | $69,000 | $220,900 |
| 2005 | $2,143 | 0.0% | $151,900 | $69,000 | $220,900 |
| 2004 | $2,143 | +22.8% | $151,900 | $69,000 | $220,900 |
| 2003 | $1,745 | +3.4% | $151,900 | $69,000 | $220,900 |
| 2002 | $1,688 | +0.6% | $53,800 | $40,500 | $94,300 |
| 2001 | $1,679 | +3.5% | $53,800 | $40,500 | $94,300 |
| 2000 | $1,622 | +1.2% | $53,800 | $40,500 | $94,300 |
| 1999 | $1,603 | +3.0% | $53,800 | $40,500 | $94,300 |
| 1998 | $1,556 | +4.4% | $53,800 | $40,500 | $94,300 |
| 1997 | $1,490 | +3.3% | $53,800 | $40,500 | $94,300 |
| 1996 | $1,443 | +3.4% | $53,800 | $40,500 | $94,300 |
| 1995 | $1,396 | +2.8% | $53,800 | $40,500 | $94,300 |
| 1994 | $1,358 | +8.9% | $53,800 | $40,500 | $94,300 |
| 1992 | $1,247 | +3.8% | $53,800 | $38,600 | $92,400 |
| 1991 | $1,201 | +11.5% | $53,800 | $38,600 | $92,400 |
| 1990 | $1,077 | +2.3% | $53,800 | $38,600 | $92,400 |
| 1989 | $1,053 | — | $53,800 | $38,600 | $92,400 |
3701 Oxford Lane, Ocean City, NJ 08226Residential898 sq ftAssessed $749,1000.08 mi awaysame sizeView details3607 Oxford Lane, Ocean City, NJ 08226Residential898 sq ftAssessed $581,8000.15 mi awaysame sizeView details3221 Bay Ave, Ocean City, NJ 08226Residential872 sq ftAssessed $802,0000.60 mi away-3% sq ftView details3528 West Ave, Ocean City, NJ 08226Residential1,014 sq ftAssessed $1,051,9000.33 mi away+13% sq ftView details3520 Bay Ave, Ocean City, NJ 08226Residential898 sq ftAssessed $690,8000.23 mi awaysame sizeView details
Sign in to see sale prices and dates
- 3 Somerset Lane, Ocean City, NJ 08226Lot 1
- 3715 Oxford Lane, Ocean City, NJ 08226Lot 3
- 3713 Oxford Lane, Ocean City, NJ 08226Lot 4
- 3711 Oxford Lane, Ocean City, NJ 08226Lot 5
- 3709 Oxford Lane, Ocean City, NJ 08226Lot 6
- 3707 Oxford Lane, Ocean City, NJ 08226Lot 7
- 3705 Oxford Lane, Ocean City, NJ 08226Lot 8
- 3703 Oxford Lane, Ocean City, NJ 08226Lot 9
- 3701 Oxford Lane, Ocean City, NJ 08226Lot 10
- 3619 Oxford Lane, Ocean City, NJ 08226Lot 11
- 3617 Oxford Lane, Ocean City, NJ 08226Lot 12
- 3615 Oxford Lane, Ocean City, NJ 08226Lot 13
Sign in to keep notes
Your notes stay private to you.