NOT LISTED FOR SALE

705 Commonwealth Dr Strathmere, NJ 08248

Estimated Value: $987,994 - $1,018,000

4 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

About This Home

This home is located at 705 Commonwealth Dr, Strathmere, NJ 08248 and is currently estimated at $1,002,997. 705 Commonwealth Dr is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Contino Michael J
Bought by
Southsand Properties Llc
Current Estimated Value
$1,002,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,500
Outstanding Balance
$768,731
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$234,266

Purchase Details

Closed on
Dec 19, 2003

Purchase Details

Closed on
Feb 19, 1997
Sold by
Riordan M J
Bought by
Contino Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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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.

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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
Southsand Properties Llc $950,000 Surety Title
Southsand Properties Llc $950,000 Surety Title
-- -- --
Contino Michael J $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southsand Properties Llc $773,500
Closed Southsand Properties Llc $773,500
Previous Owner Contino Michael J $145,000
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 $9,639 $434,000 $336,900 $97,100
2024 $9,639 $434,000 $336,900 $97,100
Source: Public Records

Map

New Jersey Cape May County Strathmere 08243

705 Commonwealth Dr, Strathmere, NJ

Not Listed for Sale

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