NOT LISTED FOR SALE

4308 Ocean Dr Avalon, NJ 08202

Estimated Value: $6,609,000 - $9,566,956

6 Beds
6 Baths
5,176 Sq Ft
$1,475/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $8,800,000 $1,700 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $43,786/month

158 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Avalon Elementary School Rated A
  • Boat Slip
  • Marble Flooring

About This Home

As of May 2023

This home is located at 4308 Ocean Dr, Avalon, NJ 08202 since 17 October 2022 and is currently estimated at $7,634,985, approximately $1,475 per square foot. This property was built in 2019. 4308 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Guy Sudell

FERGUSON-DECHERT, INC Listed on: 10/17/2022

Last Buyer's Agent

Amanda Milstead

Tim Kerr Sotheby's International Realty License #1538301

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,295

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 60x250
  • Property Fronts a Bay or Harbor
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 5,176 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Gas Fireplace
  • Living Room
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 23 / 42.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,295

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Also Includes: Furniture, See Remarks
  • Estimated Year Built: 2019
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 4308
  • Lot Size2: 60x250
  • Price per Sq Ft: 1700.15
  • Selling Agent1: 4368
  • Selling Office1: 46
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Wine Cooler
  • Interior Amenities: Elevator, Fireplace- Gas, Wood Flooring, Marble Flooring, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 19
  • Basement: Slab
  • Estimated Living Sq Ft: 5176
  • Other Rooms: Living Room, Kitchen, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Three Story
  • Exterior: Other
  • Outside Features: Porch, Screened Porch, Dock, Bulkhead, Outside Shower, In Ground Pool, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 4 car parking

Utilities

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

Lot Info

  • Lot Number: 23
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 22294.63
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
May 23, 2023
Sold by
Harrison Management Group Gp Llc
Bought by
Samuel David J and Samuel Debra V
Seller's Agent
Guy Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Amanda Milstead
Tim Kerr Sotheby's International Realty
List Price
$8,999,000
Sold Price
$8,800,000
Premium/Discount to List
-$199,000
-2.21%
Views
112
Current Estimated Value
$7,616,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,183,626
Avg. Annual Appreciation
-6.22%

Purchase Details

Listed on
Sep 14, 2016
Closed on
Apr 27, 2017
Sold by
Obrien Jo Ann M
Bought by
Harrison Management Group Gp Llc
Seller's Agent
Kay Leahy
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
John O'Dea
COMPASS RE - Avalon
List Price
$1,800,000
Sold Price
$1,675,000
Premium/Discount to List
-$125,000
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.43%
Original Mortgage
$251,250
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 20, 2007
Sold by
Obrien William J and Obrien Jo Ann M
Bought by
Obrien Jo Ann M

Purchase Details

Closed on
Oct 14, 1995
Sold by
Dennis Joseph
Bought by
O'Brien William and O'Brien Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.6%

Purchase Details

Closed on
Mar 28, 1992
Sold by
Thompson Robert B and Thompson Robert M
Bought by
Dennis Joseph and Dennis Newberry,Allison
Source: Public Records

Range of Values:

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Average Value
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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
Samuel David J $8,800,000 Seaboard Title
Harrison Management Group Gp Llc $1,675,000 None Available
Obrien Jo Ann M -- Shore Title Agency Inc
O'Brien William $448,000 --
Dennis Joseph $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harrison Mgmt Grp Lp $3,064,410
Previous Owner Harrison Management Group $3,110,000
Previous Owner Harriston Management Grp $3,100,000
Previous Owner Harrison Management Group Gp Llc $251,250
Previous Owner Harrison Management Group Gp Llc $1,172,500
Previous Owner O'Brien William $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $8,800,000 -2.2% $1,700 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
02/19/2023 02/19/23 For Sale $8,999,000 0.0% $1,739 / Sq Ft
02/19/2023 02/19/23 Price Changed $8,999,000 +2.3% $1,739 / Sq Ft
11/30/2022 11/30/22 Off Market $8,800,000 -- --
10/27/2022 10/27/22 For Sale $8,399,000 +401.4% $1,623 / Sq Ft
04/27/2017 04/27/17 Sold $1,675,000 -6.9% $753 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
09/14/2016 09/14/16 For Sale $1,800,000 -- $809 / 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
2024 $25,025 $4,075,800 $1,575,000 $2,500,800
2023 $24,822 $4,075,800 $1,575,000 $2,500,800
2022 $23,151 $4,075,800 $1,575,000 $2,500,800
2021 $22,295 $4,075,800 $1,575,000 $2,500,800
2020 $21,439 $4,075,800 $1,575,000 $2,500,800
2019 $8,033 $1,575,000 $1,575,000 $0
2018 $8,177 $1,675,700 $1,575,000 $100,700
2017 $10,121 $1,820,300 $1,600,000 $220,300
2016 $10,012 $1,820,300 $1,600,000 $220,300
2015 $9,848 $1,820,300 $1,600,000 $220,300
2014 $9,739 $1,820,300 $1,600,000 $220,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223337

Cape May County Association of REALTORS®

APN: 01-00042-05-00023