R
Seller's Agent in 2022
Roger Soens
COMPASS RE - Avalon Dune
(609) 967-3001
48 in this area
58 Total Sales
120 40th St Avalon, NJ 08202
Estimated Value: $6,790,771
4
Beds
3
Baths
2,900
Sq Ft
$2,342/Sq Ft
Est. Value
Highlights
- Beach Front
- In Ground Pool
- Contemporary Architecture
- Avalon Elementary School Rated A
- Deck
- 3-minute walk to 39th Street Park
About This Home
As of November 2022This home is located at 120 40th St, Avalon, NJ 08202 since 06 October 2021 and is currently estimated at $6,790,771, approximately $2,341 per square foot. This property was built in 1973. 120 40th St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Last Agent to Sell the Property
COMPASS RE - Avalon Dune License #8532954 Listed on: 10/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,142
Year Built
- Built in 1973
Lot Details
- Lot Dimensions are 100' x 110
- Beach Front
- Fenced Yard
Parking
- 1 Car Detached Garage
Home Design
- Contemporary Architecture
- Wood Siding
- Asbestos Siding
Interior Spaces
- 2,900 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Living Room
- Dining Area
- Wood Flooring
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 26 / 40
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2021
Closed on
Nov 17, 2022
Sold by
Raden Paul
Bought by
Murino John L and Murino Andrea A
Seller's Agent
Roger Soens
COMPASS RE - Avalon Dune
Buyer's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
List Price
$7,900,000
Sold Price
$5,600,000
Premium/Discount to List
-$2,300,000
-29.11%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,190,771
Avg. Annual Appreciation
6.25%
Original Mortgage
$5,000,000
Outstanding Balance
$4,844,670
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$1,946,101
Purchase Details
Closed on
Mar 21, 2008
Sold by
Mayer Henry S and Mayer Donald F
Bought by
Raden Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 27, 2006
Sold by
Mayer Donald F
Bought by
Mayer Donald F and Mayer Judith F
Purchase Details
Closed on
Sep 22, 2004
Sold by
Mayer Donald F and Mayer Henry S
Bought by
Mayer Donald F and Mayer Henry S
Purchase Details
Closed on
Jan 5, 1993
Sold by
Mayer Vera Jane
Bought by
Atlantic City Electric & Nj Bell
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murino John L | $5,600,000 | Seaboard Title | |
| Murino John L | $5,600,000 | Seaboard Title | |
| Murino John L | $5,600,000 | Seaboard Title | |
| Murino John L | $5,600,000 | Seaboard Title | |
| Raden Paul | $4,200,000 | None Available | |
| Mayer Donald F | -- | None Available | |
| Mayer Donald F | -- | -- | |
| Atlantic City Electric & Nj Bell | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murino John L | $5,000,000 | |
| Closed | Murino John L | $5,000,000 | |
| Previous Owner | Raden Paul | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2022 11/17/22 | Sold | $5,600,000 | -13.5% | $1,931 / Sq Ft |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- |
| 07/06/2022 07/06/22 | Price Changed | $6,475,000 | -18.0% | $2,233 / Sq Ft |
| 10/06/2021 10/06/21 | For Sale | $7,900,000 | -- | $2,724 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $20,262 | $3,300,000 | $3,300,000 | -- |
| 2024 | $20,262 | $3,300,000 | $3,300,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Roger Soens
-
John (Jack) Binder Jr
J
Buyer's Agent in 2022
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
(609) 778-8656
128 in this area
156 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 213735
APN: 01 00040- 03-00026- 01
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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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