NOT LISTED FOR SALE

5878 Ocean Dr Avalon, NJ 08202

Estimated Value: $7,626,539 - $9,084,000

6 Beds
8 Baths
6,428 Sq Ft
$1,271/Sq Ft Est. Value

About This Home

This home is located at 5878 Ocean Dr, Avalon, NJ 08202 and is currently estimated at $8,169,385, approximately $1,270 per square foot. 5878 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Barry J Belmont Revocable Trust and Belmont Barry J
Bought by
Waid M William M and Waid Kathleen
Current Estimated Value
$8,169,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Outstanding Balance
$4,185,906
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$3,983,479

Purchase Details

Closed on
Sep 15, 2009
Sold by
Belmont Barry
Bought by
Belmont Barry J and The Barry J Belmont Revocable Trust

Purchase Details

Closed on
Jul 18, 2005
Sold by
Belmont Barry J
Bought by
Belmont Barry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 17, 1989
Sold by
Kurian Ethel
Bought by
Kurian Ethel
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Waid M William M $7,250,000 Shore Title
Belmont Barry J -- None Available
Belmont Barry J -- --
Kurian Ethel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waid M William M $4,250,000
Previous Owner Belmont Barry J $3,600,000
Source: Public Records

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 $29,093 $4,738,300 $2,462,600 $2,275,700
2024 $29,093 $4,738,300 $2,462,600 $2,275,700
2023 $28,856 $4,738,300 $2,462,600 $2,275,700
2022 $26,914 $4,738,300 $2,462,600 $2,275,700
2021 $25,919 $4,738,300 $2,462,600 $2,275,700
2020 $24,923 $4,738,300 $2,462,600 $2,275,700
2019 $24,165 $4,738,300 $2,462,600 $2,275,700
2018 $23,123 $4,738,300 $2,462,600 $2,275,700
2017 $22,948 $4,127,400 $2,433,700 $1,693,700
2016 $22,701 $4,127,400 $2,433,700 $1,693,700
2015 $22,329 $4,127,400 $2,433,700 $1,693,700
2014 $22,082 $4,127,400 $2,433,700 $1,693,700
Source: Public Records

Map

New Jersey Cape May County Avalon 08202

5878 Ocean Dr, Avalon, NJ

This home is located at 5878 Ocean Dr, Avalon, NJ 08202 and is currently estimated at $8,169,385, approximately $1,270 per square foot. 5878 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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