NOT LISTED FOR SALE

6043 Ocean Dr Avalon, NJ 08202

Estimated Value: $4,910,000 - $5,523,000

7 Beds
7 Baths
4,198 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $2,560,000 $610 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $29,016/month

588 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Cathedral Ceiling

About This Home

As of December 2020

This home is located at 6043 Ocean Dr, Avalon, NJ 08202 since 25 March 2019 and is currently estimated at $5,271,102, approximately $1,255 per square foot. This property was built in 2019. 6043 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: 03/25/2019

COMPASS RE - AV Dune

Last Buyer's Agent

MaryAnn Modano

LONG & FOSTER REAL ESTATE, INC av

LONG & FOSTER REAL ESTATE, INC av

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,557

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 60' x 100'
  • Fenced Yard
  • Interior Lot
  • Property is zoned R1-B

Home Design

  • Upside Down Style Home

Interior Spaces

  • 4,198 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 11 / 60

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,557

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Drapes, Blinds, Furniture, See Remarks, Window Treatments
  • Estimated Year Built: 2019
  • New Construction: Yes
  • Second Address Number: 6043
  • Lot Size2: 60' x 100'
  • Price per Sq Ft: 609.81
  • Selling Agent1: 4269
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 7.1
  • Full Bathrooms: 7
  • Bedrooms: 7
  • Total Rooms: 14
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4198
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Other
  • House Color: Gray
  • Outside Features: Patio, Deck, Porch, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, See Remarks

Garage/Parking

  • Parking Garage: See Remarks

Utilities

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

Lot Info

  • Lot Number: 11
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 04
  • Total Assessment: 2462300
  • Zoning: R1-B

Tax Info

  • Taxes: 12557
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Dec 15, 2020
Sold by
Army 81 Llc
Bought by
Penske Geoffrey C and Penskey Kelly L
Seller's Agent
Roger Soens
COMPASS RE - AV Dune
Buyer's Agent
MaryAnn Modano
LONG & FOSTER REAL ESTATE, INC av
List Price
$2,695,000
Sold Price
$2,560,000
Premium/Discount to List
-$135,000
-5.01%
Current Estimated Value
$5,069,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,509,496
Avg. Annual Appreciation
14.65%
Original Mortgage
$1,920,000
Outstanding Balance
$1,728,947
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,086,225

Purchase Details

Listed on
Sep 29, 2017
Closed on
Feb 22, 2018
Sold by
Beck Dotothy S Est
Bought by
Army 81 Llc
Seller's Agent
Susan Heenan
Tim Kerr Sotheby's International Realty
Buyer's Agent
Roger Soens
COMPASS RE - AV Dune
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.31%
Source: Public Records

Range of Values:

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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
Penske Geoffrey C $2,560,000 Misc Company
Army 81 Llc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penske Geoffrey C $1,920,000
Previous Owner Army 81 Llc $1,590,000
Previous Owner Cape May Country $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $2,560,000 -5.0% $610 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
03/25/2019 03/25/19 For Sale $2,695,000 +199.4% $642 / Sq Ft
02/23/2018 02/23/18 Sold $900,000 -10.0% $893 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
09/29/2017 09/29/17 For Sale $1,000,000 -- $992 / 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 $15,120 $2,462,500 $990,000 $1,472,500
2024 $15,120 $2,462,500 $990,000 $1,472,500
2023 $14,997 $2,462,500 $990,000 $1,472,500
2022 $13,986 $2,462,300 $990,000 $1,472,300
2021 $13,469 $2,462,300 $990,000 $1,472,300
2020 $12,952 $2,462,300 $990,000 $1,472,300
2019 $5,049 $990,000 $990,000 $0
2018 $4,638 $1,001,600 $990,000 $11,600
2017 $4,350 $827,400 $810,000 $17,400
2016 $4,301 $827,400 $810,000 $17,400
2015 $4,226 $827,400 $810,000 $17,400
2014 $4,177 $827,400 $810,000 $17,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186925

Cape May County Association of REALTORS®

APN: 01-00060-04-00011