7488 Ocean Dr
Avalon, NJ 08202
6 bd 7 ba 4,176 sqft Built 2023 Lot 6,600 sqft single_family
Most recent sale
$4,995,000
Mar 29, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 29, 2024 | Sold | $4,995,000 | CapeMay |
| Dec 21, 2023 | Price changed | $4,995,000 | CapeMay |
| Nov 22, 2023 | Price changed | $5,195,000 | CapeMay |
| Aug 29, 2023 | Listed | $5,395,000 | CapeMay |
| Jun 6, 2023 | Listing removed | — | CapeMay |
| Sep 1, 2022 | Listing removed | — | CapeMay |
| Jul 25, 2022 | Listed | $5,195,000 | MLS #222357 |
| Jul 7, 2022 | Sold | $2,550,000 | Public Record |
| Jun 29, 2022 | Listed | $3,195,000 | MLS #222040 |
| Nov 15, 1986 | Sold | $143,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,540,500 | $1,550,000 | $3,090,500 | $18,790 |
| 2023 | — | $950,000 | $950,000 | $5,785 |
| 2022 | $19,500 | $950,000 | $969,500 | $5,506 |
| 2021 | $19,500 | $950,000 | $969,500 | $5,303 |
| 2020 | $19,500 | $950,000 | $969,500 | $5,100 |
| 2019 | $19,500 | $950,000 | $969,500 | $4,944 |
| 2018 | $19,500 | $950,000 | $969,500 | $4,731 |
| 2017 | $30,500 | $902,500 | $933,000 | $5,187 |
| 2016 | $30,500 | $902,500 | $933,000 | $5,132 |
| 2015 | $30,500 | $902,500 | $933,000 | $5,048 |
| 2014 | $30,500 | $902,500 | $933,000 | $4,992 |
| 2013 | $30,500 | $902,500 | $933,000 | $4,908 |
| 2012 | $30,500 | $902,500 | $933,000 | $4,749 |
| 2011 | $30,500 | $902,500 | $933,000 | $4,665 |
| 2010 | $44,400 | $1,282,500 | $1,326,900 | $5,427 |
| 2009 | $44,400 | $1,282,500 | $1,326,900 | $5,215 |
| 2008 | $44,400 | $1,282,500 | $1,326,900 | $4,883 |
| 2007 | $44,400 | $1,282,500 | $1,326,900 | $4,644 |
Property facts
Year built
2023
Property type
single_family
Stories
3
Beds
6
Baths
7
Living area
4,176 sqft
Lot size
6,600 sqft
ZIP code
08202
City
Avalon
Street
Ocean Dr
Coordinates
39.06832, -74.74936
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$29,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7488 Ocean Dr last sell?
7488 Ocean Dr most recently sold on Mar 29, 2024 for $4,995,000.
What is the current tax assessment for 7488 Ocean Dr?
The most recent total assessment for 7488 Ocean Dr (year 2025) is $3,090,500 with $18,790 in property tax.
How does 7488 Ocean Dr's assessment compare to its last sale price?
The current assessment is 38.1% below the last sale price of $4,995,000.
When was 7488 Ocean Dr built?
7488 Ocean Dr was built in 2023.
How does 7488 Ocean Dr compare to others on Ocean Dr?
We track 8 other properties on Ocean Dr. Browse the list under "Other properties on Ocean Dr" to compare beds, baths, and sale history.
What are the property facts for 7488 Ocean Dr?
7488 Ocean Dr is a 6 bed, 7 bath, 4,176 sqft, 6,600 sqft lot single_family.
Is 7488 Ocean Dr a flip candidate?
Yes — 7488 Ocean Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7488 Ocean Dr a tax-appeal candidate?
No — 7488 Ocean Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$4.34M
2026 Q4
$4.43M
ZIP 08202 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ocean Dr