NOT LISTED FOR SALE

210 53rd St Avalon, NJ 08202

Estimated Value: $2,547,000 - $4,029,000

0.14 Acre
$25,252,572 Price per Acre
6,011 Sq Ft Lot

Last Sold December 01, 2015

Last sale price $915,000 $740 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $20,461/month

454 Days on Market

Highlights

  • Property near a bay
  • Avalon Elementary School Rated A
  • Corner Lot

About This Lot

As of December 2015

Corner 60x100 vacant lot for sale. Garage left because it is outside the setbacks for this lot. Rare large corner lot available and new construction should yield bay views down 53rd Street and you may even have a view of the ocean from a 3rd floor deck. Beach access is 50th, 57th, or 58th. Beach paths are a beautiful walk through the "High Dune" area of Avalon. Perfect location to build your own seashore dream castle!!

Last Listed By

Ryan Vince

Tim Kerr Sotheby's International Realty Listed on: 08/04/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,627

Year Built

  • 1964

Lot Details

  • Corner Lot
  • Property is zoned R-1B

Outdoor Features

  • Property near a bay

Listing and Financial Details

  • Legal Lot and Block 16 / 53.04

Property Details

Property Type

Land

Est. Annual Taxes

$4,627

Year Built

1964

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Corner
  • District Township: 01-Avalon Borough
  • Near: Beach and Bay
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1964

Lot Info

  • Lot Number: 16
  • Lot Size: 60x100
  • Sub Lot: 18,20,68,7
  • Zoning: R-1B
  • Lot Size Range: 6000 to 10000 SqFt
  • Improvements: Paved Road, Curb, Sidewalk, Gas, Electric, Water, Sewer
  • Zoning: Residential

Tax Info

  • Taxes: 4626.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 30, 2015
Sold by
Demento Demento B and Demento Margaret C
Bought by
Crovetti Kenneth A and Crovetti Susan L
Seller's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
List Price
$999,000
Sold Price
$915,000
Premium/Discount to List
-$84,000
-8.41%
Total Days on Market
454
Current Estimated Value
$3,484,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,569,855
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Jun 3, 2008
Sold by
Mccormick George Milton and Mccormick Connie Lynn
Bought by
Demento B Robert and Demento Margaret C

Purchase Details

Closed on
Nov 8, 2002
Sold by
Slegelmilch Paul E
Bought by
Mccormick George Milton and Mccormick Connie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,250
Interest Rate
6.16%

Purchase Details

Closed on
Aug 27, 1994
Sold by
Brown Rhoda W
Bought by
Slegemilch Paul E and Slegemilch Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.65%

Purchase Details

Closed on
Jun 30, 1990
Sold by
Brown Douglas W and Brown Rhoda W
Bought by
Brown Rhoda W
Source: Public Records

Similar Property in Avalon, NJ

  • 890 21st St, Avalon, NJ 08202

    $2,750,000

    • Land
    • 0.12 Acre
    • $22,916,667 per Acre
    • 890 21st St
    • Avalon, NJ

    Home dimensions: 29' 9'' on North side 41' 31/2" South side 16' 8" Street 39' 3 1/2'' Bay Lot 2,7,9= 4,377.89 sf Lot 4 (easement lot)= 835.33 sf

    John O'Dea COMPASS RE - Avalon

    Section Image

Range of Values:

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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
Crovetti Kenneth A $91,500,000 None Available
Demento B Robert $1,310,000 Shore Title Agency Inc
Mccormick George Milton $799,000 --
Slegemilch Paul E $255,000 --
Brown Rhoda W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crovetti Kenneth $1,278,000
Previous Owner Mccormick George Milton $592,000
Previous Owner Mccormick George Milton $599,250
Previous Owner Slegemilch Paul E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Sold $915,000 -8.4% $740 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
08/04/2014 08/04/14 For Sale $999,000 -- $808 / 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
2024 $11,674 $1,901,300 $1,000,000 $901,300
2023 $11,579 $1,901,300 $1,000,000 $901,300
2022 $10,799 $1,901,300 $1,000,000 $901,300
2021 $10,400 $1,901,300 $1,000,000 $901,300
2020 $10,001 $1,901,300 $1,000,000 $901,300
2019 $9,697 $1,901,300 $1,000,000 $901,300
2018 $9,278 $1,901,300 $1,000,000 $901,300
2017 $8,718 $1,567,900 $800,000 $767,900
2016 $4,400 $800,000 $800,000 $0
2015 $4,759 $879,600 $800,000 $79,600
2014 $4,706 $879,600 $800,000 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 159315

Cape May County Association of REALTORS®

APN: 01-00053-04-00016