NOT LISTED FOR SALE

125 77th St Avalon, NJ 08202

Estimated Value: $5,621,000 - $8,588,886

5 Beds
4 Baths
4,404 Sq Ft
$1,603/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $8,000,000 $1,817 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $41,351/month

48 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Cathedral Ceiling

About This Home

As of November 2022

This home is located at 125 77th St, Avalon, NJ 08202 since 04 May 2022 and is currently estimated at $7,058,295, approximately $1,602 per square foot. This property was built in 1998. 125 77th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 05/04/2022

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC Listed on: 05/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,694

Year Built

  • Built in 1998

Lot Details

  • Beach Front
  • Fenced Yard
  • Corner Lot

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 4,404 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 57,59,61+ / 76.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,694

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Corner, Island, Water Front
  • District Township: 01-Avalon Borough
  • Near: Oceanfront
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 1998
  • New Construction: No
  • Lot Size2: 7600 Sq Ft
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Trash Compactor, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Walk in Closet, Wall to Wall Carpet, Whirlpool, Tile Flooring
  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 14
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4404
  • Other Rooms: Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Library/Study, Great Room

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Number: 57,59,61+
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 46694.11
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Nov 17, 2022
Sold by
Blejwas Walter T and Blejwas Kathryn B
Bought by
125 77Th Street Llc
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$11,250,000
Sold Price
$8,000,000
Premium/Discount to List
-$3,250,000
-28.89%
Views
1
Current Estimated Value
$7,058,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$941,705
Avg. Annual Appreciation
-3.95%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Mullin John
Bought by
Blejwas Walter and Blejwas Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
125 77Th Street Llc $8,000,000 --
125 77Th Street Llc $8,000,000 None Listed On Document
Blejwas Walter $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blejwas Walter $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $8,000,000 -15.8% $1,817 / Sq Ft
07/21/2022 07/21/22 Price Changed $9,500,000 -15.6% $2,157 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $11,250,000 -- $2,554 / 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 $52,445 $6,500,000 $6,500,000 --
2024 $52,445 $8,541,500 $6,500,000 $2,041,500
2023 $51,987 $8,536,400 $6,500,000 $2,036,400
2022 $48,487 $8,536,400 $6,500,000 $2,036,400
2021 $46,694 $8,536,400 $6,500,000 $2,036,400
2020 $44,901 $8,536,400 $6,500,000 $2,036,400
2019 $43,536 $8,536,400 $6,500,000 $2,036,400
2018 $41,658 $8,536,400 $6,500,000 $2,036,400
2017 $38,158 $6,862,900 $5,000,000 $1,862,900
2016 $37,746 $6,862,900 $5,000,000 $1,862,900
2015 $37,128 $6,862,900 $5,000,000 $1,862,900
2014 $36,717 $6,862,900 $5,000,000 $1,862,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221412

Cape May County Association of REALTORS®

APN: 01-00076-03-00057