162 59th St Avalon, NJ 08202
Estimated Value: $5,922,000 - $22,223,576
--
Bed
--
Bath
7,365
Sq Ft
$1,911/Sq Ft
Est. Value
About This Home
This home is located at 162 59th St, Avalon, NJ 08202 and is currently estimated at $14,072,788, approximately $1,910 per square foot. 162 59th St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 9, 2021
Sold by
Jordan Realty Inc
Bought by
Cape May County
Current Estimated Value
Purchase Details
Closed on
May 23, 2007
Sold by
Grumbacher M Thomas and Grumbacher Nancy T
Bought by
Jordan Realty Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
6%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 5, 2006
Sold by
Grumbacher M Thomas and Grumbacher Nancy T
Bought by
Grumbacher M Thomas and Grumbacher Nancy T
Purchase Details
Closed on
Sep 22, 1998
Sold by
Schwan Herman
Bought by
Zeitz Glen and Zeitz Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.87%
Purchase Details
Closed on
Apr 21, 1989
Sold by
Schwan Herman and Schwan Anne
Bought by
Atlantic City Electric Co
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cape May County | -- | Shapiro Mark D | |
| Jordan Realty Inc | $11,450,000 | None Available | |
| Grumbacher M Thomas | -- | None Available | |
| Zeitz Glen | $1,175,000 | -- | |
| Atlantic City Electric Co | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jordan Realty Inc | $4,200,000 | |
| Previous Owner | Jordan Realty Inc | $8,000,000 | |
| Previous Owner | Zeitz Glen | $940,000 |
Source: Public Records
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 | $79,522 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2024 | $79,522 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2023 | $78,875 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2022 | $73,565 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2021 | $70,845 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2020 | $68,125 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2019 | $66,053 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2018 | $63,203 | $12,951,500 | $9,737,500 | $3,214,000 |
| 2017 | $57,122 | $10,273,700 | $7,345,000 | $2,928,700 |
| 2016 | $56,505 | $10,273,700 | $7,345,000 | $2,928,700 |
| 2015 | $55,581 | $10,273,700 | $7,345,000 | $2,928,700 |
| 2014 | $54,964 | $10,273,700 | $7,345,000 | $2,928,700 |
Source: Public Records
Map
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