NOT LISTED FOR SALE

1001 S Commonwealth Ave Strathmere, NJ 08248

Estimated Value: $1,641,000 - $3,542,000

4 Beds
3 Baths
2,945 Sq Ft
$959/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $2,299,999 $781 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,226/month

241 Days on Market

Highlights

  • Beach Front
  • Deck
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of April 2022

This home is located at 1001 S Commonwealth Ave, Strathmere, NJ 08248 since 24 March 2021 and is currently estimated at $2,824,809, approximately $959 per square foot. 1001 S Commonwealth Ave is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Last Agent to Sell the Property

Jeff Quintin

eXp REALTY License #9134206 Listed on: 03/24/2021

eXp REALTY

Last Buyer's Agent

Ryan Huck

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,612

Lot Details

  • Lot Dimensions are 100x140
  • Beach Front

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,945 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 1 / 818

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,612

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Water Front, Water View
  • District Township: 11-Upper Township
  • Also Includes: Partial Furniture, See Remarks
  • New Construction: No
  • Lot Size2: 100x140
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Estimated Living Sq Ft: 2945
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Great Room, See Remarks

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Outside Shower

Garage/Parking

  • Parking Garage: Garage, Auto Door Opener, Concrete Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: Private
  • Water: Public

Lot Info

  • Lot Number: 1
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1302900

Tax Info

  • Taxes: 24612
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 22, 2022
Sold by
Marcoux Anne Marie
Bought by
Obrien Timothy and Obrien Maxine
Seller's Agent
Jeff Quintin
eXp REALTY
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,499,000
Sold Price
$2,299,999
Premium/Discount to List
-$199,001
-7.96%
Current Estimated Value
$2,824,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,810
Avg. Annual Appreciation
5.81%
Original Mortgage
$1,840,000
Outstanding Balance
$1,731,411
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$1,093,398

Purchase Details

Closed on
Jul 27, 2011
Sold by
Swanson Robert S and Swanson Marian E
Bought by
Marcoux Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,084,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 1994
Sold by
Bonner James
Bought by
Marshall Jones Fmly Ptshp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obrien Timothy $2,299,999 Freedom Title
Obrien Timothy $2,299,999 Freedom Title
Marcoux Anne Marie $1,395,000 Shore Title Agency Inc
Marshall Jones Fmly Ptshp $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Timothy $1,840,000
Closed Obrien Timothy $1,840,000
Previous Owner Marcoux Anne Marie $1,084,000
Previous Owner Marshall Jones Fmly Ptshp $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $2,299,999 -8.0% $781 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $2,499,000 -- $849 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,937 $1,302,900 $931,400 $371,500
2024 $28,937 $1,302,900 $931,400 $371,500
2023 $27,478 $1,302,900 $931,400 $371,500
2022 $26,553 $1,302,900 $931,400 $371,500
2021 $18,941 $1,302,900 $931,400 $371,500
2020 $24,612 $1,302,900 $931,400 $371,500
2019 $24,012 $1,302,900 $931,400 $371,500
2018 $22,987 $1,280,600 $931,400 $349,200
2017 $22,731 $1,280,600 $931,400 $349,200
2016 $23,076 $1,280,600 $931,400 $349,200
2015 $22,462 $1,280,600 $931,400 $349,200
2014 $19,990 $1,395,000 $1,078,500 $316,500
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2022

    Jeff Quintin

    eXp REALTY

    (609) 398-5333

    16 in this area

    477 Total Sales

    Jeff Quintin
    Section Image
  • Ryan Huck

    Buyer's Agent in 2022

    Ryan Huck

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-8824

    10 in this area

    85 Total Sales

    Ryan Huck
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211032

Cape May County Association of REALTORS®

APN: 11-00818-0000-00001-03

New Jersey Cape May County Strathmere 08248

1001 S Commonwealth Ave, Strathmere, NJ

Not Listed for Sale

Detached

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