NOT LISTED FOR SALE

162 59th St Avalon, NJ 08202

Estimated Value: $4,135,000 - $21,849,099

-- Bed
-- Bath
7,365 Sq Ft
$1,657/Sq Ft Est. Value

About This Home

This home is located at 162 59th St, Avalon, NJ 08202 and is currently estimated at $12,202,366, approximately $1,656 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
$12,202,366

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
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

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 $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

New Jersey Cape May County Avalon 08202

162 59th St, Avalon, NJ

Not Listed for Sale

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