205 Somerset Lane Ocean City, NJ 08226

Built 1953 · Residential1 owner signal on a paid plan
Assessed
$415,000
Last sale
$1May 14, 2013
Built
1953
Size
1,483 sq ft
Status
No open cases

Property information

Block
3709
Lot
3
Qualifier
—
County
Cape May
Municipality
Ocean City
Tax map page
34
Land description
85.57X97

Building details

Building class
17
Description
1S-F
Dwellings
1
Zoning
—
Square feet
1,483
Acreage
0.19 ac

Assessment

Land value
$275,400
66%
Improvement value
$139,600
34%
Total assessment
$415,000
Sale assessment
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Tax (2024)
$4,656

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.

7 events · 1953–2025

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  • Mortgage discharged

    Instrument2025076799CountyCape_may
  • Mortgage recorded

    Instrument2023004079CountyCape_may
  • 5 years
  • Notice of settlement recorded

    Instrument2017035717CountyCape_may
  • 16 years
  • Deed recorded

    +100% vs 1999
    $250,000
    Held2.3 yrs
  • Deed recorded

    $125,000
  • 47 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$4,656+4.8%$275,400$139,600$415,000
2023$4,445+6.6%$275,400$139,600$415,000
2022$4,171+2.8%$275,400$139,600$415,000
2021$4,059+1.1%$275,400$139,600$415,000
2020$4,013+0.9%$275,400$139,600$415,000
2019$3,976+1.6%$275,400$139,600$415,000
2018$3,913+4.0%$275,400$139,600$415,000
2017$3,764+12.0%$275,400$139,600$415,000
2016$3,360+1.5%$275,400$100,000$375,400
2015$3,311+4.8%$275,400$100,000$375,400
2014$3,161-20.5%$275,400$100,000$375,400
2013$3,978+4.1%$275,400$100,000$375,400
2012$3,820+2.6%$385,900$122,100$508,000
2011$3,724+3.8%$385,900$122,100$508,000
2010$3,586+4.4%$385,900$122,100$508,000
2009$3,434+27.2%$385,900$122,100$508,000
2008$2,699+3.1%$385,900$122,100$508,000
2007$2,618+1.0%$163,900$106,000$269,900
2006$2,591+0.1%$163,900$106,000$269,900
2005$2,5890.0%$163,900$106,000$269,900
2004$2,589-5.8%$163,900$103,000$266,900
2003$2,747+3.4%$163,900$103,000$266,900
2002$2,658+39.6%$56,100$92,400$148,500
2001$1,905+3.5%$56,100$50,900$107,000
2000$1,840+1.2%$56,100$50,900$107,000
1999$1,819+3.0%$56,100$50,900$107,000
1998$1,766+4.4%$56,100$50,900$107,000
1997$1,691+3.3%$56,100$50,900$107,000
1996$1,637+3.4%$56,100$50,900$107,000
1995$1,584+2.8%$56,100$50,900$107,000
1994$1,541+6.7%$56,100$50,900$107,000
1992$1,445+3.8%$56,100$50,900$107,000
1991$1,391+11.5%$56,100$50,900$107,000
1990$1,248-3.2%$56,100$50,900$107,000
1989$1,289—$56,100$50,900$107,000