NOT LISTED FOR SALE

6903 Ocean Dr Avalon, NJ 08202

Estimated Value: $3,457,000 - $4,444,000

4 Beds
3 Baths
2,550 Sq Ft
$1,578/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $2,675,000 $1,049 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $23,053/month

6 Days on Market

Highlights

  • In Ground Pool
  • Island Location
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Deck
  • 4-minute walk to Avalon Bird Viewing Park

About This Home

As of March 2021

This home is located at 6903 Ocean Dr, Avalon, NJ 08202 since 13 January 2021 and is currently estimated at $4,023,798, approximately $1,577 per square foot. This property was built in 2014. 6903 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Maureen Hoey

Tim Kerr Sotheby's International Realty License #0342475 Listed on: 01/13/2021

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,283

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 50 x 100
  • Sprinkler System
  • Property is zoned R-1B

Parking

  • Driveway

Home Design

  • Upside Down Style Home

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Storage
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 05/11 / 69

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,283

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 01-Avalon Borough
  • Near: beach and bay
  • Also Includes: Blinds, Furniture, See Remarks
  • Estimated Year Built: 2014
  • New Construction: No
  • Second Address Number: 6903
  • Lot Size2: 50 x 100
  • Price per Sq Ft: 1049.02
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Storage
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2550
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • House Color: grey
  • Outside Features: Deck, Porch, Storage Building, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 05/11
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-1B

Tax Info

  • Taxes: 8283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 16, 2021
Sold by
Osberg Gregory and Osberg Linda
Bought by
Bellew Harry E and Bellew Kara M
Seller's Agent
Maureen Hoey
Tim Kerr Sotheby's International Realty
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,425,000
Sold Price
$2,675,000
Premium/Discount to List
$250,000
10.31%
Current Estimated Value
$4,023,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,348,798
Avg. Annual Appreciation
8.57%
Original Mortgage
$1,872,500
Outstanding Balance
$1,698,306
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,143,103

Purchase Details

Closed on
Sep 6, 2013
Sold by
Basch Ball Monica M
Bought by
Osberg Gregory and Osberg Linda
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
Bellew Harry E $2,675,000 None Available
Osberg Gregory $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellew Harry E $1,872,500
Previous Owner Osberg Gregory J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $2,675,000 +10.3% $1,049 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $2,425,000 -- $951 / 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 $9,973 $1,624,300 $983,300 $641,000
2024 $9,973 $1,624,300 $983,300 $641,000
2023 $9,892 $1,624,300 $983,300 $641,000
2022 $9,226 $1,624,300 $983,300 $641,000
2021 $8,885 $1,624,300 $983,300 $641,000
2020 $8,544 $1,624,300 $983,300 $641,000
2019 $8,284 $1,624,300 $983,300 $641,000
2018 $7,927 $1,624,300 $983,300 $641,000
2017 $7,598 $1,366,600 $816,700 $549,900
2016 $7,516 $1,366,600 $816,700 $549,900
2015 $7,393 $1,366,600 $816,700 $549,900
2014 $4,411 $824,500 $816,700 $7,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210146

Cape May County Association of REALTORS®

APN: 01-00069-04-00011