NOT LISTED FOR SALE

1451 Ocean Dr Avalon, NJ 08202

Estimated Value: $1,142,000 - $2,272,000

3 Beds
2 Baths
1,600 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $990,000 $619 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,827/month

46 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Avalon Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of June 2023

This home is located at 1451 Ocean Dr, Avalon, NJ 08202 since 31 March 2023 and is currently estimated at $1,612,979, approximately $1,008 per square foot. This property was built in 1980. 1451 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 03/31/2023

Last Buyer's Agent

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 03/31/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,173

Year Built

  • Built in 1980

Lot Details

  • 2,222

Parking

  • Assigned Parking

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 64 / 14.04

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,173

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1980
  • New Construction: No
  • Second Address Number: 1451
  • Price per Sq Ft: 618.75
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer
  • Number Of Stories: Two
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1600
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Great Room

Garage/Parking

  • Parking: Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Forced Air, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 1451
  • Common Area Features: Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: Shared Ins
  • Unit Features: Hardwood Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 64

Tax Info

  • Taxes: 3173.34
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jun 30, 2023
Sold by
Montgomery Theresa A
Bought by
Gehman Erin and Gehman Robert Kenneth
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$1,295,000
Sold Price
$990,000
Premium/Discount to List
-$305,000
-23.55%
Views
60
Current Estimated Value
$1,612,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,979
Avg. Annual Appreciation
24.35%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gehman Erin $990,000 Seaboard Title
Gehman Erin $990,000 Seaboard Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $990,000 -23.6% $619 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,295,000 -- $809 / 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 $3,701 $602,700 $412,500 $190,200
2024 $3,701 $602,700 $412,500 $190,200
2023 $3,420 $602,700 $412,500 $190,200
2022 $3,173 $602,700 $412,500 $190,200
2021 $2,789 $602,700 $412,500 $190,200
2020 $2,920 $602,700 $412,500 $190,200
2019 $2,824 $602,700 $412,500 $190,200
2018 $2,691 $602,700 $412,500 $190,200
2017 $3,225 $625,000 $444,900 $180,100
2016 $3,188 $625,000 $444,900 $180,100
2015 $3,131 $625,000 $444,900 $180,100
2014 $3,094 $625,000 $444,900 $180,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John A. (Jack) Binder

    FERGUSON-DECHERT, INC

    (610) 960-8892

    116 in this area

    149 Total Sales

    John A. (Jack) Binder
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 230835

Cape May County Association of REALTORS®

APN: 01-00014-04-00064-02

New Jersey Cape May County Avalon 08202

1451 Ocean Dr, Avalon, NJ

This home is located at 1451 Ocean Dr, Avalon, NJ 08202 since 31 March 2023 and is currently estimated at $1,612,979, approximately $1,008 per square foot. This property was built in 1980. 1451 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes