NOT LISTED FOR SALE

109 40th St Avalon, NJ 08202

Estimated Value: $4,530,000 - $5,269,773

4 Beds
3 Baths
2,640 Sq Ft
$1,856/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $3,999,000 $1,515 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $27,311/month

9 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Building is beachfront but unit may not have water views
  • Avalon Elementary School Rated A
  • Property is near a beach
  • 3-minute walk to 39th Street Park

About This Home

As of November 2021

This home is located at 109 40th St, Avalon, NJ 08202 since 23 September 2021 and is currently estimated at $4,899,887, approximately $1,856 per square foot. 109 40th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC Listed on: 09/23/2021

Last Buyer's Agent

Jake Callahan

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,628

Lot Details

  • Lot Dimensions are 50 x 110
  • Building is beachfront but unit may not have water views
  • Fenced Yard

Home Design

  • Upside Down Style Home
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Deck
  • Porch

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 25 / 39.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,628

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: See Remarks, Window Treatments
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 109
  • Lot Size2: 50 X 110
  • Price per Sq Ft: 1514.77
  • Selling Agent1: 5169
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2640
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Great Room

Exterior Features

  • Construction: Upside Down
  • Exterior: Brick, Wood, Other
  • Outside Features: Deck, Porch, Fenced Yard, Outside Shower, In Ground Pool

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan, Multi Zoned
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 25
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 8628.5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 16, 2021
Sold by
Weistein Gregory S and Weistein Susan P
Bought by
Auriemma Geno and Osler-Aureiemma Kathy
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
Buyer's Agent
Jake Callahan
FERGUSON-DECHERT, INC
List Price
$3,999,000
Sold Price
$3,999,000
Current Estimated Value
$4,899,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$900,887
Avg. Annual Appreciation
5.52%
Original Mortgage
$2,700,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2010
Sold by
Barbera Family Trust and Barbera L Stewart
Bought by
Weinstein Gregory S and Weinstein Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 2008
Sold by
Estate Of Dorthea L Barbera and Barbera L Stewart
Bought by
Barbera Family Trust and Barbera L Stewart

Purchase Details

Closed on
Jun 27, 1988
Sold by
Knopfcharles Trustee
Bought by
Barbera Dorthea
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
Auriemma Geno $3,999,000 None Available
Weinstein Gregory S $1,450,000 Stewart Title Guaranty Co
Barbera Family Trust -- None Available
Barbera Dorthea $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auriemma Geno $2,165,500
Closed Auriemma Geno $2,700,000
Previous Owner Weinstein Gregory S $739,500
Previous Owner Weinstein Gregory S $923,500
Previous Owner Weinstein Susan P $951,000
Previous Owner Weinstein Gregory S $350,000
Previous Owner Weinstein Gregory S $942,500
Previous Owner Barbera L Stewart $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $3,999,000 0.0% $1,515 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $3,999,000 -- $1,515 / 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
2025 $7,982 $2,859,700 $1,300,000 $1,559,700
2024 $7,982 $1,300,000 $1,300,000 $0
2023 $9,990 $1,640,400 $1,300,000 $340,400
2022 $9,317 $1,640,400 $1,300,000 $340,400
2021 $8,973 $1,640,400 $1,300,000 $340,400
2020 $8,629 $1,640,400 $1,300,000 $340,400
2019 $8,173 $1,602,600 $1,300,000 $302,600
2018 $7,821 $1,602,600 $1,300,000 $302,600
2017 $6,667 $1,199,100 $925,000 $274,100
2016 $6,595 $1,199,100 $925,000 $274,100
2015 $6,487 $1,199,100 $925,000 $274,100
2014 $6,415 $1,199,100 $925,000 $274,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213559

Cape May County Association of REALTORS®

APN: 01 00039- 03-00025- 01