NOT LISTED FOR SALE

123 7th St Avalon, NJ 08202

Estimated Value: $4,490,000 - $4,793,729

5 Beds
5 Baths
2,854 Sq Ft
$1,625/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $3,200,000 $1,121 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $27,226/month

12 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Wood Flooring

About This Home

As of July 2020

This home is located at 123 7th St, Avalon, NJ 08202 since 05 June 2020 and is currently estimated at $4,637,576, approximately $1,624 per square foot. This property was built in 2014. 123 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Listed By

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 06/05/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,639

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 50' x 110'
  • Fenced Yard
  • Interior Lot
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Concrete Siding

Interior Spaces

  • 2,854 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 6.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,639

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2014
  • New Construction: No
  • Second Address Number: 123
  • Lot Size2: 50' x 110'
  • Price per Sq Ft: 1121.23
  • Selling Agent1: 410
  • Selling Office1: 658
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Bar, Fireplace- Gas, Wood Flooring
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2854
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Concrete
  • Outside Features: Deck, Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 27
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 2478300
  • Zoning: R-1C

Tax Info

  • Taxes: 12639.33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2022
Sold by
Pellini Family Trust
Bought by
Pellini Family Trust
Total Days on Market
12
Current Estimated Value
$4,637,576

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 10, 2020
Sold by
Bielunas James and Mezzanotte Katherine
Bought by
Pellini Ft
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Robert Pellini
LONG & FOSTER REAL ESTATE, INC sic
List Price
$3,295,000
Sold Price
$3,200,000
Premium/Discount to List
-$95,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Lorenz James J and Lorenz Virginia E
Bought by
Bielunas James and Mezzanotte Katherine

Purchase Details

Closed on
Nov 16, 2012
Sold by
Lorenz James J
Bought by
Lorenz James J and Lorenz Virginia E

Purchase Details

Closed on
May 21, 2012
Sold by
Lorenz Peter C
Bought by
Lorenz Peter C and Lorenz James J

Purchase Details

Closed on
Feb 1, 1988
Sold by
S A Satoff Nj Corp
Bought by
Lorenz Esther

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Avalon, NJ

  • 93 13th St W, Avalon, NJ 08202

    $4,595,000

    • 6 Beds
    • 6 Baths
    • 3,970 Sq Ft
    • 93 13th St W
    • Avalon, NJ

    This spectacular home has everything you have been dreaming of in a luxury beach home! This north end beauty holds court on a generous 63' x110' corner lot a short distance from the beach and town. 6 large bedrooms and 6 baths provides plenty of room for family and friends. Spacious living spaces and a large pool and cabana bring the fun! Enter on 13th Street into a large foyer with a circular

    Janet Bogorowski Compass New Jersey, LLC - Ocean City

    Section Image
  • 40 13th St E, Avalon, NJ 08202

    $5,895,000

    • 6 Beds
    • 6 Baths
    • 3,522 Sq Ft
    • 40 13th St E
    • Avalon, NJ

    Fyi, "Achristavest" performed the 2022 renovation work. Also, a new Pool Heater was installed by USA Pools in 2020, and a new gas hot water heater was installed in May 2022.

    Daniel Bowersock FERGUSON-DECHERT, INC

    Section Image
  • 2118 1st Ave, Avalon, NJ 08202

    $4,175,000

    • 6 Beds
    • 5.5 Baths
    • 2118 1st Ave
    • Avalon, NJ

    Prime Avalon Luxury Retreat – A Rare Turnkey Investment & Lifestyle Opportunity! Welcome to 2118 1st Ave, Avalon, NJ—a meticulously renovated luxury beach home just two blocks from the beach, offering luxury living, strong investment potential, and a partial ocean view from the third-floor balcony. Spanning 3,378 sq. ft. across three floors, this 6-bedroom, 5.5-bath residence features high-end

    Gregory Davis VRA Realty, LLC

    Section Image

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
Pellini Family Trust -- --
Pellini Ft $3,200,000 Misc Company
Bielunas James $1,250,000 None Available
Lorenz James J -- None Available
Lorenz Peter C -- None Available
Lorenz Esther -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $3,200,000 -2.9% $1,121 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $3,295,000 -- $1,155 / 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 $15,217 $2,478,300 $1,550,000 $928,300
2023 $15,093 $2,478,300 $1,550,000 $928,300
2022 $14,077 $2,478,300 $1,550,000 $928,300
2021 $13,553 $2,478,300 $1,550,000 $928,300
2020 $13,036 $2,478,300 $1,550,000 $928,300
2019 $12,639 $2,478,300 $1,550,000 $928,300
2018 $12,094 $2,478,300 $1,550,000 $928,300
2017 $11,157 $2,006,700 $1,200,000 $806,700
2016 $10,925 $1,986,300 $1,200,000 $786,300
2015 $10,746 $1,986,300 $1,200,000 $786,300
2014 $10,627 $1,200,000 $1,200,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 201869

Cape May County Association of REALTORS®

APN: 01-00006-03-00027