NOT LISTED FOR SALE

4718 Ocean Dr Avalon, NJ 08202

Estimated Value: $7,531,000 - $9,512,176

6 Beds
5 Baths
5,200 Sq Ft
$1,627/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $5,900,000 $1,135 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $50,196/month

40 Days on Market

Highlights

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

About This Home

As of June 2020

This home is located at 4718 Ocean Dr, Avalon, NJ 08202 since 23 April 2020 and is currently estimated at $8,458,392, approximately $1,626 per square foot. This property was built in 2019. 4718 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Nicholas Giuffre

COMPASS RE - Avalon Listed on: 04/23/2020

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Sprinkler System

Interior Spaces

  • 5,200 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room
  • Den
  • Screened Porch
  • Wood Flooring

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Property is near a beach
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Patio

Listing and Financial Details

  • Legal Lot and Block 4 / 42 05

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,999

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Also Includes: Rugs, Furniture
  • Estimated Year Built: 2019
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Second Address Number: 4718
  • Lot Size2: 15002
  • Price per Sq Ft: 1134.62
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System
  • Total Bathrooms: 5.3
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 9
  • Estimated Living Sq Ft: 5200
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Three Story
  • Frontage: 60
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Screened Porch, Fenced Yard, Dock, Bulkhead, In Ground Pool, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Attached, Auto Door Opener

Lot Info

  • Lot Number: 4
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 9999
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 18, 2020
Sold by
Equity T Co
Bought by
Collis Steven H
Seller's Agent
Nicholas Giuffre
COMPASS RE - Avalon
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$5,995,000
Sold Price
$5,900,000
Premium/Discount to List
-$95,000
-1.58%
Total Days on Market
40
Current Estimated Value
$8,458,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,558,392
Avg. Annual Appreciation
7.53%
Original Mortgage
$3,000,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2019
Sold by
Equity T Co
Bought by
Equity T Co

Purchase Details

Closed on
Aug 26, 2019
Sold by
Equity T Co
Bought by
Dandra Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2019
Sold by
Avalon Borough Of
Bought by
Nicholas Guiffre Ira and Equity T Co

Purchase Details

Closed on
Sep 10, 1986
Bought by
Bond Ed and Bond Mary
Source: Public Records

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    Jack Binder FERGUSON-DECHERT, INC

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Range of Values:

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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
Collis Steven H $5,900,000 None Available
Equity T Co -- --
Dandra Llc -- --
Nicholas Guiffre Ira -- --
Bond Ed $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collis Steven H $3,000,000
Previous Owner Dandra Llc $2,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $5,900,000 -1.6% $1,135 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $5,995,000 +149.8% $1,153 / Sq Ft
11/30/2018 11/30/18 Sold $2,400,000 -15.8% --
09/25/2018 09/25/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $2,850,000 -- --
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
2024 $32,596 $5,308,800 $1,575,000 $3,733,800
2023 $32,219 $5,290,400 $1,575,000 $3,715,400
2022 $30,049 $5,290,400 $1,575,000 $3,715,400
2021 $29,039 $5,308,800 $1,575,000 $3,733,800
2020 $8,303 $1,578,600 $1,575,000 $3,600
2019 $8,283 $1,624,100 $1,575,000 $49,100
2018 $7,926 $1,624,100 $1,575,000 $49,100
2017 $9,341 $1,680,000 $1,600,000 $80,000
2016 $9,240 $1,680,000 $1,600,000 $80,000
2015 $9,089 $1,680,000 $1,600,000 $80,000
2014 $8,988 $1,680,000 $1,600,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201372

Cape May County Association of REALTORS®

APN: 01-00042-05-00004