NOT LISTED FOR SALE

401 S Commonwealth Ave Strathmere, NJ 08248

Estimated Value: $1,268,000 - $3,105,000

3 Beds
3 Baths
-- Sq Ft
0.92 Acres

Last Sold August 03, 2020

Last sale price $805,000

Est. 152% increase in value since last sale

Current estimated payment $11,858/month

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Porch
  • Ocean City Primary School Rated A
  • Furnished
  • In-Law or Guest Suite

About This Home

As of August 2020

Tenant Occupied. Please give 24 hour notice for showings. Sellers are New Jersey Real Estate Licensees.

Last Agent to Sell the Property

John A. McCann

C. A. McCANN & SONS License #8545402 Listed on: 06/18/2020

Last Buyer's Agent

John A. McCann

C. A. McCANN & SONS License #8545402 Listed on: 06/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,600

Lot Details

  • Lot Dimensions are 40 x 100
  • Building is beachfront but unit may not have water views

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 835

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,600

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 11-Upper Township
  • Also Includes: Furniture
  • New Construction: No
  • Lot Size2: 40 x 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: In-Law Quarters

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Outside Features: Deck, Porch, Cable TV

Garage/Parking

  • Parking Garage: 3 Car, Gravel Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Public

Lot Info

  • Lot Number: 2
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 11600
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 3, 2020
Sold by
Curren Lawrence J and Curran Mary G
Bought by
Hhp Shore Properties Llc
Seller's Agent
John A. McCann
C. A. McCANN & SONS
Buyer's Agent
John A. McCann
C. A. McCANN & SONS
List Price
$849,500,000
Sold Price
$805,000
Premium/Discount to List
-$848,695,000
-99.91%
Current Estimated Value
$2,032,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,227,157
Avg. Annual Appreciation
18.90%
Original Mortgage
$644,000
Outstanding Balance
$570,208
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,461,949

Purchase Details

Closed on
Oct 16, 1995
Sold by
Ingram Richard
Bought by
Curran Lawrence and Curran Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hhp Shore Properties Llc $805,000 Misc Company
Curran Lawrence $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hhp Shore Properties Llc $644,000
Previous Owner Curran Lawrence $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $805,000 -99.9% --
06/18/2020 06/18/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $849,500,000 -- --
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 $14,403 $648,500 $485,000 $163,500
2024 $14,403 $648,500 $485,000 $163,500
2023 $13,677 $648,500 $485,000 $163,500
2022 $13,216 $648,500 $485,000 $163,500
2021 $9,428 $648,500 $485,000 $163,500
2020 $12,250 $648,500 $485,000 $163,500
2019 $11,952 $648,500 $485,000 $163,500
2018 $11,641 $648,500 $485,000 $163,500
2017 $11,511 $648,500 $485,000 $163,500
2016 $11,686 $648,500 $485,000 $163,500
2015 $11,375 $648,500 $485,000 $163,500
2014 $12,234 $853,700 $680,000 $173,700
Source: Public Records

Agents Affiliated with this Home

  • John A. McCann

    Seller's Agent in 2020

    John A. McCann

    C. A. McCANN & SONS

    (609) 408-8106

    7 in this area

    148 Total Sales

    John A. McCann
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202419

Cape May County Association of REALTORS®

APN: 11-00835-0000-00002

New Jersey Cape May County Strathmere 08243

401 S Commonwealth Ave, Strathmere, NJ

Not Listed for Sale

Detached

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