NOT LISTED FOR SALE

9 Commonwealth Ave Strathmere, NJ 08248

Estimated Value: $1,907,000 - $2,243,000

3 Beds
3 Baths
816 Sq Ft
$2,477/Sq Ft Est. Value

Last Sold January 14, 2025

Last sale price $1,750,000 $2,145 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,502/month

50 Days on Market

Highlights

  • Water Views
  • New Construction
  • Deck
  • Ocean City Primary School Rated A
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling

About This Home

As of January 2025

Newly Built in 2024 Experience the ultimate seaside living in this stunning multi-level home featuring an innovative upside-down design that maximizes breathtaking ocean views. Key Amenities: Panoramic Ocean Views: Enjoy sweeping vistas from multiple levels, perfect for sunrise and sunset moments. Gourmet Luxury Kitchen: The expansive kitchen boasts custom beams and soaring cathedral ceilings, creating a warm and inviting space ideal for entertaining. Large 2 Car Garage and extra Storage. Outdoor Living: Four fiberglass decks with vinyl railings and see-through glass enclosures offer a seamless transition between indoor and outdoor spaces, perfect for relaxation or gatherings. First Level: Den and Bar: A stylish den features a wet bar with an ice maker, sink, and beverage refrigerator, complemented by elegant quartz countertops. Convenient Laundry: Full-size stacked washer and dryer for added convenience. Bedrooms: Two well-appointed bedrooms and two baths, providing comfort for family and guests. Second Level (Main Living Area): Master Suite: A spacious master bedroom designed for tranquility and relaxation. Loft Space: An additional loft on the top floor showcases spectacular ocean views, perfect for a home office or cozy reading nook. This exquisite property combines luxury, comfort, and a prime location, making it a perfect seaside sanctuary. Don't miss your chance to own a piece of paradise!

Last Agent to Sell the Property

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 10/27/2024

Compass New Jersey-Ocean City (O463E)

Co-Listed By

George Harmon

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 10/27/2024

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 51x87
  • Building is beachfront but unit may not have water views
  • Sprinkler System

Parking

  • 1.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Private Sewer

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

4,269 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Also Includes: Blinds
  • New Construction: Yes
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood
  • Interior Amenities: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Private
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Water View
  • Lot Dimensions: 51x87
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2024
Closed on
Jan 16, 2025
Sold by
William F Layton Living Trust and Layton Terri Z
Bought by
Fullam Nancy H
Seller's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Christopher Oliva
Compass New Jersey-Ocean City (O463E)
List Price
$2,295,000
Sold Price
$1,750,000
Premium/Discount to List
-$545,000
-23.75%
Views
34
Current Estimated Value
$2,008,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,535
Avg. Annual Appreciation
13.24%
Original Mortgage
$600,000
Outstanding Balance
$583,203
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,438,364

Purchase Details

Closed on
Mar 12, 2024
Sold by
Layton William F and Tummillo Daniel
Bought by
William F Layton Living Trust and Tummillo

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jun 9, 2021
Sold by
Wittkamp Deborah E
Bought by
Smyth Scott and Smyth Catherine R
Seller's Agent
MAURA MCCRAY
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
BRIAN W RIORDAN
RIORDAN REAL ESTATE INC.
List Price
$749,000
Sold Price
$625,000
Premium/Discount to List
-$124,000
-16.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.64%
Original Mortgage
$468,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2015
Closed on
Oct 7, 2015
Sold by
Mcdonal James and Mcdonal Dorothy
Bought by
Layton William and Layton Amanda
Seller's Agent
Patrick Halliday
BERKSHIRE HATHAWAY HS FOX & ROACH west
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Feb 14, 2006
Sold by
Mcdonald Dorothy
Bought by
Mcdonald James and Mcdonald Dorothy

Purchase Details

Closed on
Apr 14, 1994
Sold by
Beals Alice L
Bought by
Cotton Jeffrey and Cotton Victoria

Purchase Details

Closed on
Jul 1, 1989
Sold by
Mettee Thomas
Bought by
Mcdonald Dorothy

Purchase Details

Closed on
Jun 12, 1989
Sold by
Mcdonald Dorothy
Bought by
Mettee Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fullam Nancy H $1,750,000 The Title Company
William F Layton Living Trust -- None Listed On Document
Smyth Scott $625,000 Shore Title
Layton William $515,500 --
Mcdonald James -- None Available
Cotton Jeffrey $24,600 --
Mcdonald Dorothy -- --
Mettee Thomas $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fullam Nancy H $600,000
Previous Owner Smyth Scott $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Sold $1,750,000 -12.3% $2,145 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/25/2024 11/25/24 Price Changed $1,995,000 -13.1% $2,445 / Sq Ft
10/27/2024 10/27/24 For Sale $2,295,000 +267.2% $2,813 / Sq Ft
05/21/2021 05/21/21 Sold $625,000 -16.6% $306 / Sq Ft View Prior Sale
02/24/2021 02/24/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $749,000 +45.4% $367 / Sq Ft
10/09/2015 10/09/15 Sold $515,000 -2.6% $631 / Sq Ft View Prior Sale
09/09/2015 09/09/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $529,000 -- $648 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $24,606 $1,107,900 $376,100 $731,800
2024 $24,606 $1,107,900 $376,100 $731,800
2023 $7,932 $376,100 $376,100 $0
2022 $9,601 $471,100 $376,100 $95,000
2021 $6,849 $471,100 $376,100 $95,000
2020 $8,899 $471,100 $376,100 $95,000
2019 $8,682 $471,100 $376,100 $95,000
2018 $8,456 $471,100 $376,100 $95,000
2017 $8,362 $471,100 $376,100 $95,000
2016 $8,489 $471,100 $376,100 $95,000
2015 $8,263 $471,100 $376,100 $95,000
2014 $11,000 $767,600 $684,500 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 590375

South Jersey Shore Regional MLS

APN: 11-00851-0000-00003

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