$705,000
SOLD MAR 27, 2017

96 Commonwealth Ave Strathmere, NJ 08248

4 Beds
2 Baths
2,300 Sq Ft
0.36 Acres

Recently Sold

$307 Per Sq Ft

3% Below List Price

35 Days on Market

Highlights

  • Water Views
  • Spa
  • Island Location
  • Ocean City Primary School Rated A
  • Property is near a beach
  • Deck

About This Home

As of May 2024

This home is located at 96 Commonwealth Ave, Strathmere, NJ 08248 and is currently priced at $705,000, approximately $306 per square foot. 96 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

Bruce Riordan

RIORDAN REAL ESTATE INC. Listed on: 01/02/2017

Co-Listed By

BRIAN W RIORDAN

RIORDAN REAL ESTATE INC.

Last Buyer's Agent

Carmen Ibarra

BERKSHIRE HATHAWAY HS FOX & ROACH - Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,686

Lot Details

  • Lot Dimensions are 155 x 93'
  • Corner Lot
  • Cleared Lot
  • Property is zoned RR

Home Design

  • Dutch Colonial Architecture
  • Slab Foundation
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Storage
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Carport
  • Parking Pad
  • Driveway

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Deck
  • Enclosed patio or porch
  • Outdoor Storage
  • Outdoor Grill

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 1 / 854

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,686

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Corner, Island, Water View
  • District Township: 11-Upper Township
  • Near: Beach
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture, Window Treatments
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 96
  • Listing Office2: 392
  • Lot Size2: 155 x 93'
  • Price per Sq Ft: 306.52
  • Selling Agent1: 4381
  • Selling Office1: 192
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 11
  • Basement: Slab
  • Estimated Living Sq Ft: 2300
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Dutch Colonial, Three Story
  • Exterior: Stone, Vinyl
  • Frontage: 155
  • House Color: Gray
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Grill, Storage Building, Sidewalks, Outside Shower, Whirpool/Spa

Garage/Parking

  • Parking Garage: Carport, Parking Pad, Concrete Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Radiant, Forced Air, Heat Pump, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: Septic
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 6001-10000 SqFt
  • Zoning: RR

Tax Info

  • Taxes: 8685.64
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
May 24, 2024
Sold by
Hagar George G and Hagar Erin
Bought by
Jordan James and Jordan Nancy
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$1,799,000
Sold Price
$1,575,000
Premium/Discount to List
-$224,000
-12.45%
Views
147
Current Estimated Value
$1,797,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,189
Avg. Annual Appreciation
11.83%
Original Mortgage
$765,000
Outstanding Balance
$758,686
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,038,503

Purchase Details

Listed on
Jan 2, 2017
Closed on
Mar 20, 2017
Sold by
Prinsen Anthonie Peter and Prinsen Susan Simone
Bought by
Hagar George G and Hagar Erin
Seller's Agent
Bruce Riordan
RIORDAN REAL ESTATE INC.
Buyer's Agent
Carmen Ibarra
BERKSHIRE HATHAWAY HS FOX & ROACH - Margate
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$469,953
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Streeter Barbara P
Bought by
Prinsen Anthonie Peter and Prinsen Susan Simone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $1,575,000 Surety Title
Deed $705,000 None Available
Bargain Sale Deed $600,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,000 New Conventional
Previous Owner $469,953 New Conventional
Previous Owner $675,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $637,500 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $480,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $1,575,000 -6.0% $685 / Sq Ft
03/01/2024 03/01/24 Price Changed $1,675,000 -6.9% $728 / Sq Ft
10/30/2023 10/30/23 For Sale $1,799,000 +155.2% $782 / Sq Ft
03/27/2017 03/27/17 Sold $705,000 -2.8% $307 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $725,000 -- $315 / 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
2024 $14,894 $670,600 $352,000 $318,600
2023 $14,143 $670,600 $352,000 $318,600
2022 $13,667 $670,600 $352,000 $318,600
2021 $9,749 $670,600 $352,000 $318,600
2020 $12,668 $670,600 $352,000 $318,600
2019 $12,359 $670,600 $352,000 $318,600
2018 $12,037 $670,600 $352,000 $318,600
2017 $8,556 $482,000 $352,000 $130,000
2016 $8,686 $482,000 $352,000 $130,000
2015 $8,454 $482,000 $352,000 $130,000
2014 $8,598 $600,000 $550,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173864

Cape May County Association of REALTORS®

APN: 11-00854-0000-00001