NOT LISTED FOR SALE

2768 Ocean Dr Avalon, NJ 08202

Estimated Value: $2,985,252 - $3,704,000

5 Beds
3 Baths
2,800 Sq Ft
$1,204/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $1,800,000 $643 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $18,313/month

178 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Island Location
  • Avalon Elementary School Rated A
  • New Construction
  • Wood Flooring

About This Home

As of July 2019

This home is located at 2768 Ocean Dr, Avalon, NJ 08202 since 02 January 2019 and is currently estimated at $3,371,563, approximately $1,204 per square foot. 2768 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Lawrence Fluehr

Coldwell Banker James C Otton Real Estate Listed on: 01/02/2019

Coldwell Banker James C Otton Real Estate

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 7,710

Parking

  • Driveway

Home Design

  • New Construction

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Dining Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Bulkhead

Utilities

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

Additional Features

  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 69.2768 / 27.05

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Boat Dock

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Island, Water Front
  • District Township: 01-Avalon Borough
  • Beach Proximity: 4 Blocks
  • New Construction: Yes
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Other Rooms: Dining Room, Kitchen, Recreation/Family, Laundry/Utility Room

Garage/Parking

  • Parking: Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Patio, Deck/Porch, Dock/Boat Slip, Bulkhead, Cable TV, Outside Shower
  • Condo Fees: 99999
  • Unit Features: Fireplace, Hardwood Floors, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 69.2768

Tax Info

  • Taxes: 99999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jul 30, 2019
Sold by
Webg Realty Group Llc
Bought by
Bachrach Kathleen M and Bachrach Michael J
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$1,850,000
Sold Price
$1,800,000
Premium/Discount to List
-$50,000
-2.7%
Current Estimated Value
$3,371,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,571,563
Avg. Annual Appreciation
10.14%
Original Mortgage
$1,440,000
Outstanding Balance
$1,252,874
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,118,689

Purchase Details

Closed on
Sep 20, 2017
Sold by
Cleriday Trdg
Bought by
Webg Realty

Purchase Details

Closed on
Nov 12, 2008
Sold by
Clery William B and Clery Paul M
Bought by
Cleriday
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bachrach Kathleen M $1,800,000 Seaboard Title
Webg Realty $1,650,000 None Available
Cleriday -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachrach Kathleen M $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $1,800,000 -2.7% $643 / Sq Ft
01/02/2019 01/02/19 For Sale $1,850,000 -- $661 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $9,453 $1,539,500 $900,000 $639,500
2024 $9,376 $1,539,500 $900,000 $639,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185437

Cape May County Association of REALTORS®

APN: 01-00027-05-00068