NOT LISTED FOR SALE

2389 Ocean Dr Avalon, NJ 08202

2 Beds
1.5 Baths
1,658 Sq Ft
5,502 Sq Ft Lot Lot

Sale Details

Date Sold: September 15, 2023

Last sale price $2,200,000 $1,327 Per Sq Ft

16 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Ductless Heating Or Cooling System
  • Avalon Elementary School Rated A
  • Efficiency Studio
  • Electric Baseboard Heater

About This Home

As of September 2023

Avalon Hodge Podge, established in 1962 and Avalon's only full service bait and tackle shop is being offered for sale. This property is a corner 50 x 110 lot, near the center of town, that includes 1,075 s.f of retail space plus a 600 sf Owner's apartment on the second floor, with a large deck and a separate entrance. The property has recently been rezoned by the Borough of Avalon to R-2A, which would allow for the construction of a new single family home or a multi-family dwelling at this location. There are numerous possibilities for this property.
See Associated Documents for; Lead Based Paint Addendum, Borough Ordinance changing location from B-1 to R-2A zoning, list of allowed uses in the R-2A zone, preliminary drawing for new side-by-side townhouses. Sale price for the property only is $2,395,000. Business and shop inventory are being sold separately, inquiries welcome. Only multi-family lot currently available in Avalon and Stone Harbor. Please call for appointment to show.

Last Agent to Sell the Property

Douglas Newbold

(609) 967-8300 donnapaulnewbold@gmail.com Newbold Real Estate Co. Listed on: 05/16/2023

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1962

Lot Details

  • 5,502 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00
  • Property is zoned R-2A, Residential Single Family or 2 Unit Multi-Family

Parking

  • 6 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,658 Sq Ft Home
  • Property has 2 Levels
  • Efficiency Studio
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Flood Risk

Schools

  • Avalon Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00068
  • Assessor Parcel Number 01-00023 04-00068

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,828

Year Built

Built in 1962

Lot Details

5,502 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Efficiency
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1658
  • Living Area Sq Ft: 1658
  • Price Per Sq Ft: 1444.51
  • Above Grade Finished Sq Ft: 1658
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: AVALON

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5502.00
  • Zoning: R-2A
  • Zoning Description: Residential Single Family or 2 Unit Multi-Family

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4828.00
  • Assessor Parcel Number: 01-00023 04-00068
  • Tax Lot: 00068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: AVALON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2025
Sold by
2389 Ocean Drive Llc
Bought by
293-297 24Th Street Condominium

Purchase Details

Listed on
May 16, 2023
Closed on
Sep 15, 2023
Sold by
Carbohn David and Carbohn Tammie J
Bought by
2389 Ocean Drive Llc
Seller's Agent
Douglas Newbold
Newbold Real Estate Co.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Views
220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.34%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 3, 2002

Purchase Details

Closed on
Mar 30, 1999
Sold by
Spreng Harold
Bought by
Podge Avalon Hodge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 1984
Sold by
Spreng John W
Bought by
Spreng Harold A and Spreng Barbara C
Source: Public Records
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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
293-297 24Th Street Condominium -- None Listed On Document
2389 Ocean Drive Llc $2,200,000 Shore Title
-- -- --
Podge Avalon Hodge $32,500 --
Spreng Harold A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2389 Ocean Drive Llc $2,800,000
Previous Owner Podge Avalon Hodge $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $2,200,000 -8.1% $1,327 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $2,395,000 -- $1,445 / Sq Ft
Source: Bright MLS

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 $4,759 $775,000 $775,000 --
2024 $4,759 $775,000 $775,000 $0
2023 $5,177 $850,000 $775,000 $75,000
2022 $4,828 $850,000 $775,000 $75,000
2021 $1,398 $850,000 $775,000 $75,000
2020 $4,471 $850,000 $775,000 $75,000
2019 $4,335 $850,000 $775,000 $75,000
2018 $4,148 $850,000 $775,000 $75,000
2017 $4,337 $780,000 $750,000 $30,000
2016 $4,290 $780,000 $750,000 $30,000
2015 $4,220 $780,000 $750,000 $30,000
2014 $4,173 $780,000 $750,000 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2002058

Bright MLS

APN: 01-00023-04-00068

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