NOT LISTED FOR SALE

265 Bayshore Dr Ocean City, NJ 08226

Estimated Value: $3,841,000 - $7,775,854

0.21 Acre
$28,265,464 Price per Acre
9,017 Sq Ft Lot

Last Sold May 23, 2014

Last sale price $1,775,000

Est. 230% increase in value since last sale

Current estimated payment $35,301/month

208 Days on Market

About This Lot

As of May 2014

PHENOMENAL Open Bayfront location in one of Ocean City's finest neighborhoods. This vacant 85x100 ft single family zoned lot has 95 feet of open water frontage with an additional 50 ft deep riparian grant into sunset passage with bulkhead and slips. Expansive water views dominate your perspective. Build the home of your dreams on this spectacular and rare location!!

Last Agent to Sell the Property

Matthew Bader

BERGER REALTY-Main Listed on: 09/11/2013

Co-Listed By

Chip Collins

BERGER REALTY-Main

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,057

Lot Details

  • Lot Dimensions are 85x100
  • Property Fronts a Bay or Harbor

Property Details

Property Type

Land

Est. Annual Taxes

$41,057

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 6,001 To 10,000 Sqft
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Lot Info

  • Location: Bay Front
  • Lot Dimensions: 85x100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Schriver Eugene and Schriver Laura
Bought by
Joint Revocable Trust and Johnson
Current Estimated Value
$5,850,951

Purchase Details

Closed on
Oct 30, 2015
Sold by
Schriver Eugene and Schriver Laura
Bought by
Schriver Eugene and Schriver Laura

Purchase Details

Listed on
Sep 11, 2013
Closed on
May 16, 2014
Sold by
Bayfront Associates Ii Llc
Bought by
Schriver Eugene and Schriver Laura
Seller's Agent
Matthew Bader
BERGER REALTY-Main
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$1,775,000
Sold Price
$1,775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$1,150,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Holloway Gary M and Holloway Patricia B
Bought by
Bayfront Associates Ii Llc

Purchase Details

Closed on
Feb 9, 2004
Sold by
Mtw Realty Llc
Bought by
Holloway Gary M and Holloway Patricia B

Purchase Details

Closed on
Sep 16, 2002
Sold by
Bernabei Mary Sandra
Bought by
Mtw Realty 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 Buyer Sale Price Title Company
Joint Revocable Trust -- None Listed On Document
Joint Revocable Trust -- None Listed On Document
Schriver Eugene -- None Available
Schriver Eugene $1,775,000 Freedom Title & Abstract Co
Bayfront Associates Ii Llc -- Commonwealth Land Title Insu
Holloway Gary M $2,052,000 --
Holloway Gary M $2,052,000 Shore Title
Mtw Realty Llc $1,825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schriver Laura K T $3,000,000
Previous Owner Schriver Eugene $1,150,000
Previous Owner Bayfront Associates Ii Llc $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $1,775,000 0.0% --
04/07/2014 04/07/14 Pending -- -- --
09/11/2013 09/11/13 For Sale $1,775,000 -- --
Source: South Jersey Shore Regional MLS

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 $41,057 $3,659,300 $1,481,200 $2,178,100
2024 $41,057 $3,659,300 $1,481,200 $2,178,100
2023 $39,191 $3,659,300 $1,481,200 $2,178,100
2022 $37,654 $3,659,300 $1,481,200 $2,178,100
2021 $36,776 $3,659,300 $1,481,200 $2,178,100
2020 $14,714 $1,504,500 $1,472,000 $32,500
2019 $14,549 $1,504,500 $1,472,000 $32,500
2018 $14,413 $1,504,500 $1,472,000 $32,500
2017 $14,187 $1,504,500 $1,472,000 $32,500
2016 $13,646 $1,504,500 $1,472,000 $32,500
2015 $13,465 $1,504,500 $1,472,000 $32,500
2014 $13,270 $1,504,500 $1,472,000 $32,500
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bader

    Seller's Agent in 2014

    Matthew Bader

    BERGER REALTY-Main

    (609) 992-4380

    75 in this area

    81 Total Sales

    Matthew Bader
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Chip Collins

    BERGER REALTY-Main

    (800) 427-0076

    53 in this area

    58 Total Sales

    Chip Collins
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2014

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    163 in this area

    522 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 417288

South Jersey Shore Regional MLS

APN: 08-01812-0000-00006

New Jersey Cape May County Ocean City 08226

265 Bayshore Dr, Ocean City, NJ

This home is located at 265 Bayshore Dr, Ocean City, NJ 08226 since 11 September 2013 and is currently estimated at $5,850,951. 265 Bayshore Dr is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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