$3,500,000
SOLD FEB 4, 2022

2158 Ocean Dr Avalon, NJ 08202

1.38 Acres
$2,536,232 Price per Acre
60,113 Sq Ft Lot

Recently Sold

142 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Avalon Elementary School Rated A
  • Island Location

About This Lot

As of July 2023

Sale is subject to Avalon Borough subdivision scheduled for 6/8/21

Last Agent to Sell the Property

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 06/02/2021

Last Buyer's Agent

Paul Sudell

FERGUSON-DECHERT, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,999

Lot Details

  • Lot Dimensions are 60x110
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Property is zoned R-2A

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 81 / 22.10

Property Details

Property Type

Land

Est. Annual Taxes

$9,999

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Bay Front, Island
  • District Township: 01-Avalon Borough
  • Beach Proximity: 4 Blocks
  • Second Address Number: 2158
  • Lot Size2: 60X110
  • Selling Agent1: 4571
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 81
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2A
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 21, 2023
Sold by
Princeton Harbor Pirates Llc
Bought by
Dock Of The Bay Llc
Seller's Agent
Paul Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Janet Bogorowski
COMPASS RE - AV Dune
List Price
$3,795,000
Sold Price
$3,612,500
Premium/Discount to List
-$182,500
-4.81%
Views
35
Current Estimated Value
$4,362,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,500
Avg. Annual Appreciation
11.85%

Purchase Details

Listed on
Jun 2, 2021
Closed on
Mar 16, 2022
Sold by
2188 Ocean Drive Llc
Bought by
2158 Ocean Drive Llc
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%
Original Mortgage
$2,500,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2021
Closed on
Feb 3, 2022
Sold by
2158 Ocean Drive Llc
Bought by
Princeton Harbor Pirates Llc
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2021
Sold by
2188 Ocean Drive Llc
Bought by
2188 Ocean Drive Llc

Purchase Details

Listed on
Jul 21, 2020
Closed on
Oct 28, 2020
Sold by
Hopkins Daniel E
Bought by
2158 Ocean Drive Llc
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
Buyer's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$3,600,000
Sold Price
$3,100,000
Premium/Discount to List
-$500,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jun 15, 2015
Sold by
Clark Shore Properties Llc
Bought by
Hopkins Daniel E
Seller's Agent
Steven Tozour
Tim Kerr Sotheby's International Realty
List Price
$1,750,000
Sold Price
$1,375,000
Premium/Discount to List
-$375,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%
Original Mortgage
$825,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2006
Sold by
Mead John H
Bought by
Clark Shore Properties Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $3,612,500 Seaboard Title
Deed $3,500,000 Trident Land Transfer
Deed $3,500,000 Seaboard Title
Deed -- None Listed On Document
Deed -- None Available
Deed $3,100,000 Misc Company
Deed $1,375,000 Seaboard Title Agency
Bargain Sale Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 New Conventional
Previous Owner $2,500,000 New Conventional
Previous Owner $4,843,000 New Conventional
Previous Owner $825,000 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $3,612,500 -2.2% $1,605 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $3,695,000 -2.6% $1,641 / Sq Ft
05/26/2023 05/26/23 For Sale $3,795,000 +8.4% $1,686 / Sq Ft
02/04/2022 02/04/22 Sold $3,500,000 0.0% --
10/22/2021 10/22/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $3,500,000 +12.9% --
10/28/2020 10/28/20 Sold $3,100,000 -13.9% $1,159 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $3,600,000 +161.8% $1,346 / Sq Ft
06/15/2015 06/15/15 Sold $1,375,000 -21.4% --
05/16/2015 05/16/15 Pending -- -- --
01/29/2014 01/29/14 For Sale $1,750,000 -- --
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 $12,597 $2,051,700 $900,000 $1,151,700
2024 $12,597 $2,051,700 $900,000 $1,151,700
2023 $7,673 $1,260,000 $1,260,000 $0
2022 $7,838 $1,380,000 $1,380,000 $0
2021 $7,677 $1,403,500 $1,380,000 $23,500
2020 $7,382 $1,403,500 $1,380,000 $23,500
2019 $7,158 $1,403,500 $1,380,000 $23,500
2018 $6,849 $1,403,500 $1,380,000 $23,500
2017 $7,888 $1,418,700 $1,380,000 $38,700
2016 $7,797 $1,417,600 $1,380,000 $37,600
2015 $7,669 $1,417,600 $1,380,000 $37,600
2014 $7,584 $1,417,600 $1,380,000 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211999

Cape May County Association of REALTORS®

APN: 01-00022-10-00081