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60 Arkansas Avenue

Ocean City, Cape May County, NJ

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Sale date passed
Wednesday, September 2, 2026

Key facts

Sale date9/2/2026
Judgment$2,725,000
Sheriff #F-26000131
PlaintiffCITIBANK, N.A.
Year built1954
Lot size52.68X109.14
Assessed value$2,137,400
AttorneyHladik, Onorato & Federman, LLP
Sale locationpublic venue on Wednesday THE 8th DAY…
AI

What you should know

Residential property located at 60 Arkansas Avenue in Ocean City, New Jersey. The property is scheduled for sheriff sale on September 2, 2026 in Cape May County. The action was brought by a trustee on behalf of a mortgage-backed securities trust.

Generated from listing data. May contain errors — verify independently.

Due diligence

Verify everything before bidding. These point to the authoritative public records — WritBid doesn't host them.Parcel LOT 3, BLOCK 1910.

Equity signal

PRO
Est. market valueJudgment
$3,860,910$2,725,000
est. range $3,281,774 – $4,440,047
Debt 71% Equity 29%
$1,135,910
est. gross equity · range $556,774 – $1,715,047

Gross equity = estimated market value − judgment. Market value is derived from the county tax-assessed value using the official equalization ratio (an estimate, not an appraisal). Excludes junior liens, taxes, and costs — verify with comps before bidding.

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Bid worksheet

Model this deal end-to-end. Adjust every field. Nothing is saved; this is decision support, not financial advice.

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Purchase (max bid)$2,725,000
Rehab$170,992
Carrying (6mo)$144,800
Selling costs$170,992
Total invested$3,211,784
Projected profit -$1,074,384
Return on cost -33.5%

Estimate excludes liens, back taxes, and title issues that survive a sheriff sale. Always run a title search before bidding.

Listing timeline

Every tracked change to this sale — a history you won't find on the county site.

  • Sale adjourned
    By Defendant
    Sep 2, 2026
  • First tracked by WritBid
    Aug 5, 2026
  • Sale adjourned
    By Defendant
    Aug 5, 2026

Disclaimer

WritBid is not an official source. Verify all details with the Cape May County Sheriff's Office before bidding.

Any property information provided is for informational purposes only and has not been verified for its accuracy or completeness. Where available, the information provided has been obtained from a state, county, or local governmental or quasi-governmental entity, which may include an agency, department, board, commission, bureau, division, or a military or public safety organization. Property descriptions, documents, and pictures may not accurately describe or depict the property. No representations or warranties are made regarding the contents, accuracy, or completeness of any information provided. Prospective buyers should conduct their own independent due diligence. Prospective buyers are also encouraged to review public records that may contain important information concerning this property.

Location & nearby sales

This sale (gold) and other active sheriff sales nearby. Double-click a pin to open it.

Nearby sales

Sourced from county Salesweb portal Last confirmed Sep 1, 3:18 PM Data status →