NOT LISTED FOR SALE

905 S Commonwealth Ave Strathmere, NJ 08248

Estimated Value: $3,541,000 - $4,720,000

3 Beds
5 Baths
-- Sq Ft
2.3 Acres

Last Sold May 26, 2017

Last sale price $1,900,000

Est. 110% increase in value since last sale

Current estimated payment $25,317/month

184 Days on Market

Highlights

  • Beach Front
  • 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 May 2017

This home is located at 905 S Commonwealth Ave, Strathmere, NJ 08248 since 10 August 2016 and is currently estimated at $3,982,984. 905 S Commonwealth Ave 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.

Last Agent to Sell the Property

Gerald P. Raffa

OCEANS 12 REALTY, LLC Listed on: 08/10/2016

Co-Listed By

Bruce Riordan

RIORDAN REAL ESTATE INC.

Last Buyer's Agent

Ealita Browning

FARINA & BOESHE, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,836

Lot Details

  • Lot Dimensions are 100 x 100
  • Building is beachfront but unit may not have water views
  • Beach Front

Parking

  • Driveway

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3.01 / 822

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,836

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Beach Front
  • District Township: 11-Upper Township
  • New Construction: Yes
  • Second Address Number: 905
  • Listing Office2: 392
  • Lot Size2: 100 x 100
  • Selling Agent1: 155
  • Selling Office1: 24
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Elevator, Smoke/Fire Alarm, Storage, Walk in Closet
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 3
  • Total Rooms: 14
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Breakfast Nook

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Public

Lot Info

  • Lot Number: 3.01
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
May 26, 2017
Sold by
A & S Partnership
Bought by
Gifford John F and Gifford Lisa M
Seller's Agent
Gerald P. Raffa
OCEANS 12 REALTY, LLC
Buyer's Agent
Ealita Browning
FARINA & BOESHE, INC
List Price
$1,999,999
Sold Price
$1,900,000
Premium/Discount to List
-$99,999
-5%
Current Estimated Value
$3,982,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,082,984
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Sep 14, 2016
Sold by
Raffa Andrew C and Raffa Sallee A
Bought by
A & S Partnership

Purchase Details

Closed on
May 5, 1999
Sold by
Schiavo Rita
Bought by
Raffa Andrew and Raffa Salee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Gifford John F $1,900,000 None Available
A & S Partnership -- Attorney
Raffa Andrew $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gifford John F $500,000
Previous Owner Raffa Andrew $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $1,900,000 -5.0% --
04/26/2017 04/26/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $1,999,999 -- --
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
2024 $39,836 $1,793,600 $622,500 $1,171,100
2023 $37,827 $1,793,600 $622,500 $1,171,100
2022 $36,554 $1,793,600 $622,500 $1,171,100
2021 $35,208 $1,793,600 $622,500 $1,171,100
2020 $33,881 $1,793,600 $622,500 $1,171,100
2019 $33,056 $1,793,600 $622,500 $1,171,100
2018 $32,195 $1,793,600 $622,500 $1,171,100
2017 $11,049 $622,500 $622,500 $0
2016 $11,217 $622,500 $622,500 $0
2015 $10,919 $622,500 $622,500 $0
2014 $7,165 $500,000 $500,000 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gerald P. Raffa

    OCEANS 12 REALTY, LLC

  • B

    Seller Co-Listing Agent in 2017

    Bruce Riordan

    RIORDAN REAL ESTATE INC.

    (609) 827-0135

    28 in this area

    42 Total Sales

    Bruce Riordan
    Section Image
  • Ealita Browning

    Buyer's Agent in 2017

    Ealita Browning

    FARINA & BOESHE, INC

    (609) 263-2828

    12 Total Sales

    Ealita Browning
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172168

Cape May County Association of REALTORS®

APN: 11 00822-0000-00003- 01

New Jersey Cape May County Strathmere 08243

905 S Commonwealth Ave, Strathmere, NJ

This home is located at 905 S Commonwealth Ave, Strathmere, NJ 08248 since 10 August 2016 and is currently estimated at $3,982,984. 905 S Commonwealth Ave 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.

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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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