NOT LISTED FOR SALE

214 62nd St Avalon, NJ 08202

Estimated Value: $5,609,000 - $7,273,000

6 Beds
6 Baths
4,407 Sq Ft
$1,427/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $4,650,000 $1,055 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $35,280/month

4 Days on Market

Highlights

  • In Ground Pool
  • Property is near a beach
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Marble Flooring
  • Furnished

About This Home

As of November 2021

This home is located at 214 62nd St, Avalon, NJ 08202 since 04 October 2021 and is currently estimated at $6,288,961, approximately $1,427 per square foot. This property was built in 2017. 214 62nd St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

William Leahy

LONG & FOSTER REAL ESTATE, INC av Listed on: 10/04/2021

LONG & FOSTER REAL ESTATE, INC av

Last Buyer's Agent

John A. (Jack) Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,348

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 60 x 110
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned R1B

Parking

  • Stone Driveway

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 4,407 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Storage
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 62 / 62

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,348

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach and Bay
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2017
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 214
  • Lot Size2: 60 x 110
  • Price per Sq Ft: 1055.14
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet, Marble Flooring, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 14
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 4407
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room, See Remarks

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Frontage: 60
  • Outside Features: Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, See Remarks, Sprinkler System

Garage/Parking

  • Parking Garage: Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 62
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 04
  • Total Assessment: 3107900
  • Zoning: R1B

Tax Info

  • Taxes: 16347.55
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 30, 2021
Sold by
Babich George and Babcih Diane L
Bought by
Newbold Robert and Newbold Aralisha
Seller's Agent
William Leahy
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$4,595,000
Sold Price
$4,650,000
Premium/Discount to List
$55,000
1.2%
Current Estimated Value
$6,153,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,503,121
Avg. Annual Appreciation
8.09%
Original Mortgage
$3,255,000
Outstanding Balance
$3,024,299
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,176,279

Purchase Details

Listed on
May 20, 2020
Closed on
Sep 12, 2020
Sold by
261 Partners Llc
Bought by
Babich George and Babich Diane L
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
William Leahy
LONG & FOSTER REAL ESTATE, INC av
List Price
$3,895,000
Sold Price
$3,875,000
Premium/Discount to List
-$20,000
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%
Original Mortgage
$3,100,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 22, 2017
Closed on
Jan 24, 2018
Sold by
Lpc Island Property Llc
Bought by
261 Partners Llc
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$3,595,000
Sold Price
$3,250,000
Premium/Discount to List
-$345,000
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Lashkevich P John
Bought by
Lpc Island Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 16, 2016
Sold by
Foresta Vincent J and Foresta Mary Jean
Bought by
Lashkevich P John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.03%
Mortgage Type
Unknown
Source: Public Records

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
Newbold Robert $4,650,000 None Available
Babich George $3,875,000 Misc Company
261 Partners Llc $3,250,000 --
Lpc Island Property Llc -- None Available
Lashkevich P John $1,450,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbold Robert $3,255,000
Previous Owner Babich George $3,100,000
Previous Owner Lpc Island Property Llc $1,500,000
Previous Owner Lashkevich P John $950,000
Previous Owner Lashkevich P John $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $4,650,000 +1.2% $1,055 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $4,595,000 +18.6% $1,043 / Sq Ft
09/16/2020 09/16/20 Sold $3,875,000 -0.5% --
07/17/2020 07/17/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $3,895,000 +19.8% --
01/24/2018 01/24/18 Sold $3,250,000 -9.6% --
12/25/2017 12/25/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $3,595,000 -- --
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 $19,083 $3,107,900 $1,400,000 $1,707,900
2024 $19,083 $3,107,900 $1,400,000 $1,707,900
2023 $18,927 $3,107,900 $1,400,000 $1,707,900
2022 $17,653 $3,107,900 $1,400,000 $1,707,900
2021 $17,000 $3,107,900 $1,400,000 $1,707,900
2020 $16,348 $3,107,900 $1,400,000 $1,707,900
2019 $15,850 $3,107,900 $1,400,000 $1,707,900
2018 $15,167 $3,107,900 $1,400,000 $1,707,900
2017 $6,614 $1,189,600 $1,000,000 $189,600
2016 $6,543 $1,189,600 $1,000,000 $189,600
2015 $6,436 $1,189,600 $1,000,000 $189,600
2014 $6,364 $1,189,600 $1,000,000 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213704

Cape May County Association of REALTORS®

APN: 01-00062-04-00062