NOT LISTED FOR SALE

1668 Ocean Dr Unit B-2 Avalon, NJ 08202

Estimated Value: $1,455,000

3 Beds
2 Baths
1,068 Sq Ft
0.39 Acres

Last Sold October 30, 2015

Last sale price $640,000 $599 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,424/month

37 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Living Room
  • Avalon Elementary School Rated A
  • Furnished
  • Laundry Room

About This Home

As of October 2015

This three bedroom and two bathroom, second floor Camalon condominium offers sensational views of Cedar Island, wide water views looking both north, south and west, and a picturesque sunset at the end of each day. Different from other bayfront, condo opportunities, this home is located just 3 blocks from the center of Avalon. The floorplan allows for beautiful bay views from the living room, dining room, and kitchen. All three offer easy access to a private and covered, bayside deck. In the rear yard, there is a large boat slip situated just minutes from the back bays and the ocean. There is a separate storage unit with additional space for bikes. Don't miss this great opportunity!

Last Listed By

Jack Binder

FERGUSON-DECHERT, INC Listed on: 08/24/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1984

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 67.02 / 16.05

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,246

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1984
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1068
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Parking Pad, 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City, Public
  • Water: City, Public

Condo/Co-op/Association

  • Unit: B-2
  • Common Area Features: Deck/Porch, Storage Facilities, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: $950 Qtr.
  • Unit Features: Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 67.02
  • Total Assessment: 600000
  • Zoning: M-B

Tax Info

  • Taxes: 3246

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 30, 2015
Sold by
Osborne James J and Osborne Sally S
Bought by
Fusco Leonard J and Fusco Roseanne
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$679,000
Sold Price
$640,000
Premium/Discount to List
-$39,000
-5.74%
Total Days on Market
37
Current Estimated Value
$1,455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,000
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Feb 28, 1990
Sold by
Osborne James and Osborne Sally
Bought by
Osborne James and Osborne Sally

Range of Values:

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Average Value
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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
Fusco Leonard J $640,000 None Available
Osborne James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborne James J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $640,000 -5.7% $599 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $679,000 -- $636 / 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
2024 $3,828 $623,400 $480,000 $143,400
2023 $3,797 $623,400 $480,000 $143,400
2022 $3,541 $623,400 $480,000 $143,400
2021 $3,179 $623,400 $480,000 $143,400
2020 $3,279 $623,400 $480,000 $143,400
2019 $3,179 $623,400 $480,000 $143,400
2018 $3,042 $623,400 $480,000 $143,400
2017 $3,336 $600,000 $471,900 $128,100
2016 $3,300 $600,000 $471,900 $128,100
2015 $3,246 $600,000 $471,900 $128,100
2014 $3,210 $600,000 $471,900 $128,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 967-4200

    142 in this area

    177 Total Sales

    Jack Binder
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165775

Cape May County Association of REALTORS®

APN: 01-00016-05-00067-02-CB-2

New Jersey Cape May County Avalon 08202

1668 Ocean Dr Unit B-2, Avalon, NJ

Homes for Sale in Avalon, NJ

This home is located at 1668 Ocean Dr Unit B-2, Avalon, NJ 08202 since 24 August 2015 and is currently estimated at $1,455,000, approximately $1,362 per square foot. This property was built in 1984. 1668 Ocean Dr Unit B-2 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.

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