NOT LISTED FOR SALE

7704 Ocean Dr Avalon, NJ 08202

Estimated Value: $3,991,000 - $5,730,000

4 Beds
2 Baths
1,097 Sq Ft
$4,390/Sq Ft Est. Value

Last Sold January 10, 2020

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

Est. 301% increase in value since last sale

Current estimated payment $26,403/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 $4,815,331, approximately $4,389 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

1.38 Acres

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
$4,815,331

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
$2,639,841
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,175,490

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
$2,639,841
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,175,490

Purchase Details

Listed on
Oct 27, 2018
Closed on
Jan 10, 2020
Sold by
Becker Michael J and Becker Nancy J
Bought by
Eichenelaub Johjn G and Britton Julie P
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.35%
Original Mortgage
$960,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

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
Eichenelaub Johjn G $1,200,000 Misc Company
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 Eichenelaub Johjn G $960,000
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

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

  • J

    Seller's Agent in 2020

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 778-8656

    100 in this area

    126 Total Sales

    Jack Binder
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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

New Jersey Cape May County Avalon 08202

7704 Ocean Dr, Avalon, NJ

Not Listed for Sale

Detached

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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