NOT LISTED FOR SALE

653 Ocean Dr Avalon, NJ 08202

Estimated Value: $1,776,000 - $3,713,000

7 Beds
4 Baths
3,427 Sq Ft
$913/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $2,200,000 $642 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $17,417/month

136 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Corner Lot

About This Home

As of June 2023

This home is located at 653 Ocean Dr, Avalon, NJ 08202 since 17 January 2023 and is currently estimated at $3,129,118, approximately $913 per square foot. This property was built in 1990. 653 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Augustus Purdy

A LEWIS PURDY REAL ESTATE INC Listed on: 01/17/2023

Last Buyer's Agent

Patrick Macfarlane

A LEWIS PURDY REAL ESTATE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,838

Year Built

  • Built in 1990

Lot Details

  • Corner Lot
  • Sprinkler System

Home Design

  • Upside Down Style Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Bar
  • Gas Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8 / 5.11

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,838

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Seasonal: XXX
  • Location: Corner, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Inlet / Bay
  • Also Includes: Shades, Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: 1990
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 653
  • Lot Size2: 7,126 SQFT
  • Selling Agent1: 6638
  • Selling Office1: 3
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Electric
  • Interior Amenities: Bar, Fireplace- Gas, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring, 1764
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 7
  • Total Rooms: 17
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room, See Remarks

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Brick, Vinyl
  • Outside Features: Deck, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Concrete Driveway, Stone Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, 1759
  • Heating: Gas Natural, Forced Air, 1760
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 8
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 1615800
  • Zoning: Res

Tax Info

  • Taxes: 8838.43
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2024
Sold by
Paone Mary Catherine
Bought by
Mary Catherine Baldwin Paone Trust
Current Estimated Value
$3,129,118

Purchase Details

Listed on
Jan 17, 2023
Closed on
Jun 22, 2023
Sold by
Falcone Nicholas
Bought by
Paone Mary Catieleiote
Seller's Agent
Augustus Purdy
A LEWIS PURDY REAL ESTATE INC
Buyer's Agent
Patrick Macfarlane
A LEWIS PURDY REAL ESTATE INC
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Views
165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%

Purchase Details

Closed on
Aug 20, 2014
Sold by
Falcone Nicholas and Kennedy Deborah
Bought by
Falcone Nicholas and Falcone Joan

Purchase Details

Closed on
Apr 17, 2009
Sold by
Falcone Joan
Bought by
Falcone Nicholas and Kennedy Deborah
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mary Catherine Baldwin Paone Trust -- Diversified Settlement Service
Mary Catherine Baldwin Paone Trust -- Diversified Settlement Service
Paone Mary Catieleiote $2,200,000 None Listed On Document
Falcone Nicholas -- None Available
Falcone Nicholas -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $2,200,000 -8.1% $642 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $2,395,000 +8.9% $699 / Sq Ft
04/25/2023 04/25/23 Off Market $2,200,000 -- --
04/23/2023 04/23/23 Price Changed $2,395,000 -20.0% $699 / Sq Ft
01/17/2023 01/17/23 For Sale $2,995,000 -- $874 / 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 $9,921 $1,615,800 $1,050,300 $565,500
2024 $9,921 $1,615,800 $1,050,300 $565,500
2023 $9,840 $1,615,800 $1,050,300 $565,500
2022 $9,178 $1,615,800 $1,050,300 $565,500
2021 $8,838 $1,615,800 $1,050,300 $565,500
2020 $8,499 $1,615,800 $1,050,300 $565,500
2019 $8,241 $1,615,800 $1,050,300 $565,500
2018 $7,885 $1,615,800 $1,050,300 $565,500
2017 $8,421 $1,514,600 $992,000 $522,600
2016 $8,330 $1,514,600 $992,000 $522,600
2015 $8,194 $1,514,600 $992,000 $522,600
2014 $8,103 $1,514,600 $992,000 $522,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 230148

Cape May County Association of REALTORS®

APN: 01-00005-11-00008