NOT LISTED FOR SALE

157 16th St Avalon, NJ 08202

Estimated Value: $2,579,000 - $4,798,226

6 Beds
6 Baths
3,569 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $2,950,000 $827 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $23,780/month

216 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Property near a bay
  • Cathedral Ceiling

About This Home

As of March 2021

This home is located at 157 16th St, Avalon, NJ 08202 since 03 January 2020 and is currently estimated at $4,216,557, approximately $1,181 per square foot. 157 16th 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: 01/03/2020

Last Buyer's Agent

Craig Worton

COMPASS RE - Avalon Dune License #0121699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,146

Lot Details

  • Lot Dimensions are 50x110
  • Fenced Yard
  • Interior Lot
  • Property is zoned Res.

Home Design

  • New Construction
  • Upside Down Style Home
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,569 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Patio

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 33 / 15.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,146

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach and Town
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: Yes
  • Lot Size2: 50x110
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Elevator, Fireplace- Gas, Walk in Closet
  • Total Bathrooms: 6.1
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 11
  • Estimated Living Sq Ft: 3569
  • Other Rooms: Living Room, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Stucco, Wood
  • Frontage: 50
  • Outside Features: Patio, Deck, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage, 1 Car, 2 Car, Attached, Auto Door Opener, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 33
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Mar 12, 2021
Sold by
Welsh Thomas J
Bought by
Obrien Edward T and Achenbach Jennifer
Seller's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
Buyer's Agent
Craig Worton
COMPASS RE - Avalon Dune
List Price
$2,995,000
Sold Price
$2,950,000
Premium/Discount to List
-$45,000
-1.5%
Current Estimated Value
$4,216,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,266,557
Avg. Annual Appreciation
7.88%
Original Mortgage
$2,000,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 1989
Sold by
Hoy Richard
Bought by
Moran Robert and Moran Janet
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
Obrien Edward T $2,950,000 None Available
Moran Robert $188,000 --
Hoy Richard $188,000 --
Moran Robert J $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Edward T $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $2,950,000 -1.5% $827 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $2,995,000 +130.4% $839 / Sq Ft
10/11/2019 10/11/19 Sold $1,300,000 0.0% -- View Prior Sale
01/08/2019 01/08/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,300,000 -- --
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 $18,146 $2,955,400 $900,000 $2,055,400
2024 $18,146 $2,955,400 $900,000 $2,055,400
2023 $17,922 $2,942,900 $900,000 $2,042,900
2022 $16,716 $2,942,900 $900,000 $2,042,900
2021 $3,599 $900,000 $900,000 $0
2020 $4,734 $900,000 $900,000 $0
2019 $5,215 $1,022,500 $900,000 $122,500
2018 $4,990 $1,022,500 $900,000 $122,500
2017 $4,859 $874,000 $700,000 $174,000
2016 $4,807 $874,000 $700,000 $174,000
2015 $4,728 $874,000 $700,000 $174,000
2014 $4,676 $874,000 $700,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200067

Cape May County Association of REALTORS®

APN: 01-00015-03-00033