NOT LISTED FOR SALE

902 Ocean Dr Unit 904 Cape May, NJ 08204

Estimated Value: $1,085,000 - $1,269,000

3 Beds
2 Baths
-- Sq Ft
$704/mo HOA Fee

Last Sold December 15, 2023

Last sale price $1,350,000

Est. 14% decrease in value since last sale

Current estimated payment $7,711/month

14 Days on Market

Highlights

  • Waterfront
  • Furnished
  • Tennis Courts
  • Cathedral Ceiling
  • Community Pool
  • Fireplace

About This Home

As of December 2023

The quarterly dues are $2113.46/QTR and covers all of your exterior insurances, exterior maintenance of buildings, decks and easements, maintenance of all landscaping, hardscaping as well as access to 3 pools (2 heated), tennis courts/pickleball, trash and recycling.

Last Agent to Sell the Property

Colleen White

Tim Kerr Sotheby's International Realty License #1005222 Listed on: 10/30/2023

Last Buyer's Agent

Dolores Lanzalotti

JERSEY CAPE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,868

Lot Details

  • 1,786

HOA Fees

  • $704 Monthly HOA Fees

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Utilities

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

Additional Features

  • Outdoor Shower
  • Waterfront

Listing and Financial Details

  • Legal Lot and Block 3 / 823.01

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,868

Lot Details

0

HOA Fees

$704 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Mainland, Water Front, Water View
  • District Township: 05-Lower Township
  • Near: Cape May & Wildwood Crest
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture
  • New Construction: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • Second Address Number: 902
  • Selling Agent1: 273
  • Selling Office1: 45
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Wine Cooler
  • Number Of Stories: Three
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space, Other

Garage/Parking

  • Parking: Auto Door Opener, Garage, 1 Car, Attached, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: 904
  • Common Area Features: Patio, Deck/Porch, Enclosed/Cov. Porch, Outside Shower, Pool, Whirlpool/Spa, Tennis Court, Other (See Remarks), Laundry Room
  • Condo Fees: $2113.46
  • Unit Features: Fireplace, Bar, Cathedral Ceiling
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 3

Tax Info

  • Taxes: 9868.5
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 5, 2023
Sold by
Bernert Joseph and Bernert Barbara
Bought by
Barba Thomas M and Gottfried Linda
Seller's Agent
Colleen White
Tim Kerr Sotheby's International Realty
Buyer's Agent
Dolores Lanzalotti
JERSEY CAPE REALTY
List Price
$1,350,000
Sold Price
$1,350,000
Views
33
Current Estimated Value
$1,162,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$187,341
Avg. Annual Appreciation
-7.80%
Original Mortgage
$700,001
Outstanding Balance
$688,248
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$474,411

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 8, 2021
Sold by
Wade Faye S
Bought by
Bernert Joseph and Bernert Barbara
Seller's Agent
Kate Weber
JERSEY CAPE REALTY
Buyer's Agent
Colleen White
Tim Kerr Sotheby's International Realty
List Price
$910,000
Sold Price
$880,000
Premium/Discount to List
-$30,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.58%
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
Barba Thomas M $1,350,000 The Title Company
Barba Thomas M $1,350,000 The Title Company
Bernert Joseph $880,000 Deweese David S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barba Thomas M $700,001
Closed Barba Thomas M $700,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $1,350,000 0.0% --
11/13/2023 11/13/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $1,350,000 +53.4% --
10/08/2021 10/08/21 Sold $880,000 -3.3% -- View Prior Sale
08/03/2021 08/03/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $910,000 -- --
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 $10,336 $507,900 $180,000 $327,900
2024 $10,336 $507,900 $180,000 $327,900
2023 $10,178 $507,900 $180,000 $327,900
2022 $9,869 $507,900 $180,000 $327,900
2021 $9,549 $507,900 $180,000 $327,900
2020 $9,406 $507,900 $180,000 $327,900
2019 $9,152 $507,900 $180,000 $327,900
2018 $8,939 $507,900 $180,000 $327,900
2017 $8,944 $507,900 $180,000 $327,900
2016 $8,822 $507,900 $180,000 $327,900
2015 $8,538 $507,900 $180,000 $327,900
2014 $8,258 $507,900 $180,000 $327,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232967

Cape May County Association of REALTORS®

APN: 05-00823-01-00003-0000-C0904