NOT LISTED FOR SALE

4728 Ocean Dr Avalon, NJ 08202

Estimated Value: $4,865,000 - $7,413,000

5 Beds
3 Baths
3,583 Sq Ft
$1,639/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $3,300,000 $921 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $33,322/month

5 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • Boat Slip
  • Wood Flooring

About This Home

As of July 2019

This home is located at 4728 Ocean Dr, Avalon, NJ 08202 since 21 May 2019 and is currently estimated at $5,873,939, approximately $1,639 per square foot. This property was built in 2006. 4728 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Roger Soens

COMPASS RE - AV Dune Listed on: 05/21/2019

COMPASS RE - AV Dune

Last Buyer's Agent

Donald Evans Jr

A LEWIS PURDY REAL ESTATE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,556

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 60' x 250'
  • Property Fronts a Bay or Harbor
  • Property is zoned R-1B

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,583 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Screened Porch
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,556

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2006
  • New Construction: No
  • Second Address Number: 4728
  • Lot Size2: 60' x 250'
  • Price per Sq Ft: 921.02
  • Selling Agent1: 14
  • Selling Office1: 3
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3583
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, See Remarks

Exterior Features

  • Construction: Two Story
  • Exterior: Shingle, Vinyl
  • House Color: Gray
  • Outside Features: Deck, Porch, Screened Porch, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, See Remarks, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 3
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 05
  • Total Assessment: 2573000
  • Zoning: R-1B

Tax Info

  • Taxes: 12556.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2020
Sold by
Hanway H Edward
Bought by
Hanway Patrick N and Hanway Michelle E
Current Estimated Value
$5,873,939

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 8, 2019
Sold by
Hoffman Peter J and Hoffman Karen
Bought by
Hanaway H Edward
Seller's Agent
Roger Soens
COMPASS RE - AV Dune
Buyer's Agent
Donald Evans Jr
A LEWIS PURDY REAL ESTATE INC
List Price
$3,450,000
Sold Price
$3,300,000
Premium/Discount to List
-$150,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Jan 6, 2018
Sold by
Hoffman Karen
Bought by
Hoffman Peter J and Hoffman Karen

Purchase Details

Closed on
Sep 19, 2007
Sold by
Hoffman Peter J and Hoffman Karen
Bought by
Hoffman Karen

Purchase Details

Closed on
Jun 30, 1993
Sold by
Bobinsky Walter R and Bobinsky Joan A
Bought by
Hoffman Peter J and Hoffman Karen
Source: Public Records

Range of Values:

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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
Hanway Patrick N -- None Available
Hanaway H Edward $3,300,000 Seabord Title
Hoffman Peter J -- --
Hoffman Karen -- None Available
Hoffman Peter J $397,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Karen $417,000
Previous Owner Hoffman Peter J $150,000
Previous Owner Hoffman Peter J $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $3,300,000 -4.3% $921 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $3,450,000 -- $963 / 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
2025 $15,798 $2,573,000 $1,575,000 $998,000
2024 $15,798 $2,573,000 $1,575,000 $998,000
2023 $15,670 $2,573,000 $1,575,000 $998,000
2022 $14,615 $2,573,000 $1,575,000 $998,000
2021 $14,074 $2,573,000 $1,575,000 $998,000
2020 $13,534 $2,573,000 $1,575,000 $998,000
2019 $13,122 $2,573,000 $1,575,000 $998,000
2018 $12,556 $2,573,000 $1,575,000 $998,000
2017 $13,913 $2,502,400 $1,600,000 $902,400
2016 $13,763 $2,502,400 $1,600,000 $902,400
2015 $13,538 $2,502,400 $1,600,000 $902,400
2014 $13,388 $2,502,400 $1,600,000 $902,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 187847

Cape May County Association of REALTORS®

APN: 01-00042-05-00003