NOT LISTED FOR SALE

7704 Ocean Dr Avalon, NJ 08202

Estimated Value: $4,154,000 - $6,032,000

4 Beds
2 Baths
1,097 Sq Ft
$4,654/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $1,200,000 $1,094 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $28,293/month

359 Days on Market

Highlights

  • Island Location
  • Ranch Style House
  • Furnished
  • Avalon Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Avalon Playground

About This Home

As of January 2020

This home is located at 7704 Ocean Dr, Avalon, NJ 08202 since 27 October 2018 and is currently estimated at $5,105,700, approximately $4,654 per square foot. This property was built in 1960. 7704 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 10/27/2018

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC Listed on: 10/27/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,353

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 60' x 110'
  • Corner Lot
  • Interior Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,097 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Additional Features

  • Outdoor Shower
  • Island Location
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 2 / 77.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,353

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 1960
  • New Construction: No
  • Lot Size2: 60' x 110'
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Interior Amenities: Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1097
  • Other Rooms: Kitchen, Recreation/Family, Dining Area

Exterior Features

  • Construction: Ranch
  • Outside Features: Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 2
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 5353.17
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Eichenlaub John G and Britton Julie P
Bought by
Mbh Ret
Current Estimated Value
$5,105,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,665,927
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,439,773

Purchase Details

Closed on
Mar 18, 2021
Sold by
Eichenlaub John G and Britton Julie P
Bought by
Mbh Living Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,665,927
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,439,773

Purchase Details

Closed on
Apr 13, 2002
Sold by
Connor Dennis M
Bought by
Becker Michael J and Becker Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1992
Sold by
Chapman Gertrude Decd At Eagon
Bought by
M O P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mbh Ret $3,150,000 Misc Company
Mbh Living Revocable Trust $3,150,000 Shore Title
Becker Michael J $465,000 --
M O P $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbh Ret $3,000,000
Closed Mbh Living Revocable Trust $3,000,000
Previous Owner Becker Michael J $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $1,200,000 -7.6% $1,094 / Sq Ft
10/27/2018 10/27/18 For Sale $1,299,000 -- $1,184 / 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 $19,464 $3,170,000 $1,000,000 $2,170,000
2024 $19,464 $3,170,000 $1,000,000 $2,170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 184726

Cape May County Association of REALTORS®

APN: 01-00077-05-00002