Google street view image for 701 S Commonwealth Ave, Strathmere, NJ 08248

Off market aug 2021 for $640K

$1,387,568

Est. refi paymentEst. refi $4,202/mo

—

•

— ba

•

1,584

sq ft

701 S Commonwealth Ave, Strathmere, NJ 08248

About this home

701 S Commonwealth Ave is a 1,584 square foot house on a 3,999 square foot lot. - it last sold on August 20, 2021 for $640,000. Based on Redfin's Strathmere data, we estimate the home's value is $1,387,568.

Single-familyProperty Type

1951Year Built

3,999 sq ftLot Size

$876Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,387,568

$748K since sold in August 2021$110K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.7% higher than the average sale price ($1.23M) of 6 comparable homes.

SOLD APR 10, 2026
$565,001
A
3 beds2.5 baths1,624 sq ft
4 Prosit Ln, Ocean View, NJ 08230
SOLD AUG 13, 2026
$1,449,000
B
4 beds2 bathssq ft
5229 Bay Ave, Ocean City, NJ 08226
SOLD SEP 30, 2026
$501,000
C
3 beds2 baths1,638 sq ft
27 Foxborough, Ocean View, NJ 08230
SOLD JUN 30, 2026
$1,400,000
D
5 beds2 bathssq ft
5224 Haven Ave, Ocean City, NJ 08226
SOLD OCT 19, 2026
$1,800,000
E
2 beds1 bath576 sq ft
1612 Landis Ave, Sea Isle City, NJ 08243
SOLD SEP 9, 2026
$1,675,000
F
5 beds3 baths2,308 sq ft
5224 Bay Ave, Ocean City, NJ 08226

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Earn from this home

Sell

$845,837

Est. take-home

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Est. cash available

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Market trends in 08248, NJ

Last updated October 2026

Sale-to-list price

94.7%

1.7% MoM

Median sale price

$2.2M

$280K MoM

Avg. days on market

264d

181 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 701 S Commonwealth Ave

Year

Property tax

Land + Additions

Assessment*

2026

$10,444 (+3.7%)

$336,900 + $93,800

$430,700

2025

$10,070 (+5.3%)

$336,900 + $93,800

$430,700

2024

$9,566 (+5.3%)

$336,900 + $93,800

$430,700

2023

$9,083 (+3.5%)

$336,900 + $93,800

$430,700

2022

$8,778 (+7.0%)

$336,900 + $93,800

$430,700

2021

$8,205 (+4.0%)

$336,900 + $93,800

$430,700

2020

$7,886 (+2.6%)

$336,900 + $93,800

$430,700

2019

$7,688 (+2.8%)

$336,900 + $93,800

$430,700

2018

$7,481 (+1.2%)

$336,900 + $93,800

$430,700

2017

$7,395 (−1.5%)

$336,900 + $93,800

$430,700

2016

$7,511 (−9.2%)

$336,900 + $93,800

$430,700

2014

$8,276

$500,000 + $95,000

$595,000

Tax history for 701 S Commonwealth Ave

Year

Property tax

Land + Additions

Assessment*

2026

$10,444 (+3.7%)

$336,900 + $93,800

$430,700

2025

$10,070 (+5.3%)

$336,900 + $93,800

$430,700

2024

$9,566 (+5.3%)

$336,900 + $93,800

$430,700

2023

$9,083 (+3.5%)

$336,900 + $93,800

$430,700

2022

$8,778 (+7.0%)

$336,900 + $93,800

$430,700

2021

$8,205 (+4.0%)

$336,900 + $93,800

$430,700

2020

$7,886 (+2.6%)

$336,900 + $93,800

$430,700

2019

$7,688 (+2.8%)

$336,900 + $93,800

$430,700

2018

$7,481 (+1.2%)

$336,900 + $93,800

$430,700

2017

$7,395 (−1.5%)

$336,900 + $93,800

$430,700

2016

$7,511 (−9.2%)

$336,900 + $93,800

$430,700

2014

$8,276

$500,000 + $95,000

$595,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Resort Commercial

The purpose of the RC Resort Districts are to provide for development specifically related to the barrier beach community of Strathmere and Whale Beach. The purpose of the RC District is to provide locations on Strathmere where relatively small retail and service establishments may be located. It is intended that any development will take place in accordance with the requirements specified under the FEMA flood hazard regulations in recognition of the precarious environmental situation. Additionally, minimum ground floor elevations are established to ensure protection against flooding and allow for the continued improvement of street networks.

Permitted uses

Include but are not limited to:

Religious facility
Bank
Day care facility
General retail
Restaurant
Office
Marina

Property details

Exterior

Exterior Information
Exterior Wall: Frame

Property Information
Living Sq. Ft: 1,584
# of Stories: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 3,999
Legal Lot Number: 2
Legal Block Number: 829
Acres: 0.0918
Depth Footage: 40
Front Footage: 100
Zoning Code: RC
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: UPPER TOWNSHIP

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,584
Stories: 2.0
Lot Size: 3,999 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: —
County: Cape May County
APN: 1100829 00002

Home facts updated by county records on Nov 5, 2026

Around this home

Schools

K - 12
Preschool & daycare

Upper Township Elementary School

Public 3-5 • Assigned • 5.2mi

7/10

Upper Twp Middle School

Public 6-8 • Assigned • 6.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 96° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Strathmere, NJ • 08248

Average low and high temperatures (°F)

38°

24°

41°

27°

53°

38°

61°

46°

68°

55°

79°

65°

84°

72°

78°

66°

74°

64°

66°

51°

57°

42°

44°

30°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.32M – $1.60M

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Home values near 701 S Commonwealth Ave

Data from public records.

Address	Redfin Estimate
704 S Commonwealth Avenue, Strathmere, NJ 3 Beds \| 3.5 Baths \| 2858 Sq. Ft.	$2,081,965
17 Randolph Avenue, Strathmere, NJ 4 Beds \| 4 Baths \| 4346 Sq. Ft.	$3,637,310
5 E Randolph Avenue, Strathmere, NJ 4 Beds \| 4 Baths \| 3700 Sq. Ft.	$3,612,648
2 E Sherman Avenue, Strathmere, NJ - Beds \| - Baths \| 2350 Sq. Ft.	$1,604,270
10 E Randolph Avenue, Strathmere, NJ 3 Beds \| 2.5 Baths \| 2018 Sq. Ft.	$1,670,481
107 Putnam Avenue, Strathmere, NJ 3 Beds \| 4.5 Baths \| - Sq. Ft.	$2,604,771

Address	Redfin Estimate
605 S Commonwealth Avenue, Strathmere, NJ - Beds \| - Baths \| 2289 Sq. Ft.	$1,293,101
101 Randolph Avenue, Strathmere, NJ 5 Beds \| 2.5 Baths \| - Sq. Ft.	$2,283,724
10 Randolph Avenue, Strathmere, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$2,186,435
9 Putnam Avenue, Strathmere, NJ - Beds \| - Baths \| 2512 Sq. Ft.	$1,900,712
14 E Randolph Avenue, Strathmere, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$1,636,762
17 E Randolph Avenue, Strathmere, NJ 5 Beds \| 4 Baths \| - Sq. Ft.	$3,246,136

Address	Redfin Estimate
14 E Sherman Avenue, Strathmere, NJ - Beds \| - Baths \| 2296 Sq. Ft.	$1,749,842
1 W Randolph Avenue, Strathmere, NJ - Beds \| - Baths \| 3378 Sq. Ft.	$2,276,689
17 Putnam Avenue, Strathmere, NJ - Beds \| - Baths \| 1980 Sq. Ft.	$2,252,153
6 Randolph Boulevard, Marmora, NJ - Beds \| - Baths \| 2543 Sq. Ft.	$2,135,665
5 Putnam Avenue, Strathmere, NJ 3 Beds \| 4.5 Baths \| 2200 Sq. Ft.	$2,935,390
6 E Randolph Avenue, Strathmere, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$1,664,644

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08248, NJ

Sale history for 701 S Commonwealth Ave

Tax history for 701 S Commonwealth Ave

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

Home values near 701 S Commonwealth Ave

More real estate resources