NOT LISTED FOR SALE

108 Commonwealth Ave Strathmere, NJ 08248

Upper Area

Estimated Value: $816,000 - $1,892,000

0.11 Acre
$14,610,450 Price per Acre
4,748 Sq Ft Lot

Sale Details

Date Sold: May 6, 2016

Last sale price $270,000

Est. 490% increase in value since last sale

Current estimated payment $10,110 / mo

292 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Level Lot
  • Ocean City Primary School Rated A
  • Island Location

About This Lot

As of May 2016

Oversized corner lot in Strathmere's Northend or Point Area. Septic plans and approval on file for a 2 bedroom home. Rare opportunity to build a new home in Strathmere's exclusive Point Area.

Last Agent to Sell the Property

Bruce Riordan

RIORDAN REAL ESTATE INC. Listed on: 06/19/2015

Co-Listed By

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,620

Outdoor Features

  • Property is near a beach
  • Property near a bay

Lot Details

  • Level Lot
  • Property is zoned RR

Additional Features

  • Water Views
  • Island Location
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 854

Property Details

Property Type

Land

Est. Annual Taxes

$3,620

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Island, Water View
  • District Township: 11-Upper Township
  • Near: Beach
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 56

Lot Info

  • Lot Number: 4
  • Lot Size: 56'x99'IR
  • Total Assessment: 206400
  • Zoning: RR
  • Lot Size Range: 1 to 6000 SqFt
  • Improvements: Paved Road, Curb, Sidewalk, Gas, Electric, Water, Cable TV
  • Topography: Level
  • Zoning: Residential

Tax Info

  • Taxes: 3620.26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Bought by
Current Estimated Value
$1,592,539

Purchase Details

Closed on
Feb 15, 2013
Sold by
Bought by

Purchase Details

Closed on
May 8, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Strathmere, NJ

  • Eric Millstein Real Estate Agent - Soleil Sotheby's International Realty - A

    Eric Millstein

    Responds Quickly

    Soleil Sotheby's International Realty - A

    (609) 739-9829

    150 Total Sales

    1 in Upper

    $385,000 Price

    Eric Millstein
     Section Image
  • Peter Madden Real Estate Agent - GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 798-7451

    142 Total Sales

    2 in Upper

    $311K - $400K Price Range

    Peter Madden
     Section Image
  • Victoria Carlisle Real Estate Agent - CARLISLE & CO. REAL ESTATE SERVICES

    Victoria Carlisle

    CARLISLE & CO. REAL ESTATE SERVICES

    (386) 518-7743

    122 Total Sales

    1 in Upper

    $9,000 Price

    Victoria Carlisle
     Section Image
  • Michael Bushong Jr Real Estate Agent - Compass New Jersey-Ocean City (O463E)

    Michael Bushong Jr

    Compass New Jersey-Ocean City (O463E)

    (640) 400-9392

    70 Total Sales

    11 in Upper

    $245K - $760K Price Range

    Michael Bushong Jr
     Section Image
  • Karolyn Tochterman Real Estate Agent - Balsley-Losco Realtors

    Karolyn Tochterman

    Balsley-Losco Realtors

    (609) 849-5755

    78 Total Sales

    1 in Upper

    $98,500 Price

    Karolyn Tochterman
     Section Image
  • Cindy Kaczmarski Real Estate Agent - Compass New Jersey, LLC - Ocean City

    Cindy Kaczmarski

    Responds Quickly

    Compass New Jersey, LLC - Ocean City

    (609) 733-5821

    85 Total Sales

    3 in Upper

    $562,500 Price Range

    Cindy Kaczmarski
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fattorini James D
-- None Available
$124,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $270,000 -26.8% --
04/06/2016 04/06/16 Pending -- -- --
06/19/2015 06/19/15 For Sale $369,000 -- --
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,486 $742,300 $331,400 $410,900
2025 $16,486 $742,300 $331,400 $410,900
2024 $16,486 $742,300 $331,400 $410,900
2023 $15,655 $742,300 $331,400 $410,900
2022 $8,239 $419,700 $331,400 $88,300
2021 $8,239 $419,700 $331,400 $88,300
2020 $7,928 $419,700 $331,400 $88,300
2019 $7,735 $419,700 $331,400 $88,300
2018 $7,534 $419,700 $331,400 $88,300
2017 $7,450 $419,700 $331,400 $88,300
2016 $7,563 $419,700 $331,400 $88,300
2015 $7,362 $419,700 $331,400 $88,300
2014 $7,523 $525,000 $431,700 $93,300
Source: Public Records

Agents Affiliated with this Home

  • BR

    Seller's Agent in 2016

    Bruce Riordan

    RIORDAN REAL ESTATE INC.

    (609) 827-0135

    30 Total Sales

    Bruce Riordan
    Section Image

  • BR

    Seller Co-Listing Agent in 2016

    BRIAN W RIORDAN

    RIORDAN REAL ESTATE INC.

    (609) 263-3235

    37 Total Sales

    BRIAN W RIORDAN
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 164719

Cape May County Association of REALTORS®

APN: 11-00844-0000-00002

New Jersey Cape May County Strathmere 08243

108 Commonwealth Ave, Strathmere, NJ

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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