NOT LISTED FOR SALE

2478 Ocean Dr Unit North Avalon, NJ 08202

Estimated Value: $3,322,180 - $4,202,000

5 Beds
4 Baths
2,267 Sq Ft
$1,603/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $1,600,000 $706 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $20,065/month

225 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Newly Remodeled
  • Community Pool

About This Home

As of March 2016

A truly one of a kind bay front townhome, located just steps from the best that Avalon has to offer. Situated on an oversized, 70' x 110' lot (40% larger than the typical townhome lot), this ~20 foot wide townhome offers a single family feel with never-ending bay / sunset views. The outdoor space is the single best outdoor area you will find on a townhome in Avalon or Stone Harbor. The enormous side yard features a swimming pool and adjacent hot tub, a detached cabana with a full wetbar, beautiful landscaping, and more pool deck area than most standard sized single family backyards. The western exposure allows for sun on your pool and pool deck all day long. Inside, wall-to-wall brazilian cherry hardwood floors outfit all 5 bedrooms and the spacious second floor entertaining space. The custom kitchen offers all stainless steel appliances, a huge center island, beautiful granite countertops, and wonderful views from the bay window over the sink. All 4 bathrooms offer marble countertops and custom glass or ceramic tile. All of the 3 oversized, bayfront decks are finished with Ipe deckboards, which are also found the ground level deck leading up to the bulkhead, on the bulkhead cap, and on the bayside docks. THREE huge boat slips (can handle 35' boats) and underwater lighting make the backyard a perfect waterside playground. The home also features a full car garage, an additional 560 square feet of walk-in storage space on a cement pad, a central vac system, 4 zones of HVAC, Anderson 400 series windows, a water filtration system, spray foam insulation, and the home is wired for sound throughout the interior and exterior entertaining spaces. Two enormous side yards between this home and the neighboring home to the north allow for added privacy and view corridors from almost every room in the house. If your family loves being outside and loves the bay, there is no better place to be!

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 07/10/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,382

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard

Interior Spaces

  • 2,267 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Living Room
  • Dining Area
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 73 / 24

Community Details

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,382

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Estimated Year Built: 2013
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Built: 2013

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Estimated Living Sq Ft: 2267
  • Other Rooms: Living Room, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 1 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: North
  • Common Area Features: Deck/Porch, Fenced Yard, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower, Pool
  • Unit Features: Kitchen Center Island, Hardwood Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 73
  • Sub Block: 09
  • Zoning: RES

Tax Info

  • Taxes: 6381.64

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2016 03/21/16 Sold $1,600,000 -5.6% $706 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $1,695,000 -- $748 / 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 $9,566 $1,557,900 $900,000 $657,900
2024 $9,566 $1,557,900 $900,000 $657,900
2023 $9,488 $1,557,900 $900,000 $657,900
2022 $8,849 $1,557,900 $900,000 $657,900
2021 $8,522 $1,557,900 $900,000 $657,900
2020 $8,195 $1,557,900 $900,000 $657,900
2019 $7,945 $1,557,900 $900,000 $657,900
2018 $7,603 $1,557,900 $900,000 $657,900
2017 $6,684 $1,202,100 $800,000 $402,100
2016 $6,612 $1,202,100 $800,000 $402,100
2015 $6,503 $1,179,600 $800,000 $379,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 165150

Cape May County Association of REALTORS®

APN: 01-00024-09-00073-2478