NOT LISTED FOR SALE

162 63rd St Avalon, NJ 08202

Estimated Value: $8,353,000

2.3 Acres
$3,631,739 Price per Acre
100,188 Sq Ft Lot

Last Sold February 13, 2018

Last sale price $10,500,000

Est. 20% decrease in value since last sale

Current estimated payment $49,695/month

208 Days on Market

About This Lot

As of February 2018

This home is located at 162 63rd St, Avalon, NJ 08202 since 17 July 2017 and is currently estimated at $8,353,000. 162 63rd St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 07/17/2017

Last Buyer's Agent

Douglas Wear

FERGUSON-DECHERT, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,366

Property Views

  • Water Views

Lot Details

  • Lot Dimensions are 100'x110'
  • Beach Front
  • Cleared Lot
  • Property is zoned R1-B

Listing and Financial Details

  • Legal Lot and Block 30.01 + / 63.03

Property Details

Property Type

Land

Est. Annual Taxes

$51,366

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Beach Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Lot Size2: 100'X110'
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 30.01 +
  • Lot Size: 10000 to 20000 SqFt
  • Zoning: R1-B
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 51365.5
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2018
Sold by
Hobos 63 Llc
Bought by
Hobos 63 Llc
Current Estimated Value
$8,353,000

Purchase Details

Listed on
Jul 17, 2017
Closed on
Jan 14, 2018
Sold by
Shields Family Ptnshp
Bought by
Hobos 63 Llc
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Douglas Wear
FERGUSON-DECHERT, INC
List Price
$10,500,000
Sold Price
$10,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.82%

Purchase Details

Closed on
Jan 23, 1990
Sold by
The Shields Family Partnership
Bought by
Shields John J Et Als

Purchase Details

Closed on
Nov 1, 1988
Sold by
Shields John and Shields Elizabeth
Bought by
The Shields Family Partnershiip
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hobos 63 Llc -- --
Hobos 63 Llc $10,500,000 --
Shields John J Et Als -- --
The Shields Family Partnershiip -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $10,500,000 0.0% --
01/14/2018 01/14/18 Pending -- -- --
07/17/2017 07/17/17 For Sale $10,500,000 -- --
Source: Cape May County Association of REALTORS®

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 $79,970 $13,024,500 $9,300,000 $3,724,500
2024 $79,970 $13,024,500 $9,300,000 $3,724,500
2023 $79,107 $12,989,700 $9,300,000 $3,689,700
2022 $73,782 $12,989,700 $9,300,000 $3,689,700
2021 $71,054 $12,989,700 $9,300,000 $3,689,700
2020 $68,326 $12,989,700 $9,300,000 $3,689,700
2019 $47,430 $9,300,000 $9,300,000 $0
2018 $27,990 $5,735,600 $5,735,600 $0
2017 $26,587 $4,781,800 $4,431,800 $350,000
2016 $26,300 $4,781,800 $4,431,800 $350,000
2015 $25,870 $4,781,800 $4,431,800 $350,000
2014 $25,583 $4,781,800 $4,431,800 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180322

Cape May County Association of REALTORS®

APN: 01 00063- 03-00030- 01

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