NOT LISTED FOR SALE

2219 Avalon Ave Avalon, NJ 08202

Estimated Value: $4,421,000 - $5,069,000

8 Beds
4 Baths
2,870 Sq Ft
$1,622/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $2,025,000 $706 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $27,411/month

14 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Deck
  • Avalon Elementary School Rated A
  • Building is beachfront but unit may not have water views
  • Corner Lot

About This Home

As of September 2018

Closing not to occur until on/after September 8, 2018. The Seller is selling this property as part of a Tax Deferred Exchange. The Buyer shall agree to cooperate with the Seller in facilitating the required paperwork for the Exchange, provided there is no additional cost or liability to the Buyer.

Last Listed By

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 05/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,250

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 60 x 110
  • Building is beachfront but unit may not have water views
  • Corner Lot

Parking

  • Stone Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,870 Sq Ft Home
  • Furnished
  • Blinds
  • Living Room
  • Den
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 4 / 22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,250

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Beach Block, Corner
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1965
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 2219
  • Lot Size2: 60 x 110
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Total Sq Ft: 2870
  • Other Rooms: Living Room, Kitchen, Den/TV Room

Exterior Features

  • Outside Features: Deck, Cable TV, Sidewalks, Outside Shower, Waterview

Garage/Parking

  • Parking: Concrete Driveway, Stone Driveway

Utilities

  • Separate Meter: Electric
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City
  • Cable Available: Lease Information

Lot Info

  • Lot Number: 4
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: 01
  • Zoning: Residental

Tax Info

  • Taxes: 7250

Multi Family

  • Number Of Units: 2
  • Total Rent: 70000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2018
Sold by
Bankert Thomas W and Bankert Deborah A
Bought by
Dowds Jeffrey E and Dowds Marjorie C
Total Days on Market
14
Current Estimated Value
$4,655,179

Purchase Details

Closed on
Sep 14, 2007
Sold by
Brown Barbara B
Bought by
2219 Avalon Beach Llc

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
Dowds Jeffrey E $2,025,000 Seabord Title
2219 Avalon Beach Llc $750,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowds Jeffrey E $2,345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $2,025,000 -3.3% $706 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $2,095,000 -- $730 / 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 $19,241 $3,133,700 $1,775,000 $1,358,700
2023 $19,084 $3,133,700 $1,775,000 $1,358,700
2022 $17,799 $3,133,700 $1,775,000 $1,358,700
2021 $17,141 $3,133,700 $1,775,000 $1,358,700
2020 $16,483 $3,133,700 $1,775,000 $1,358,700
2019 $9,053 $1,775,000 $1,775,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 181880

Cape May County Association of REALTORS®

APN: 01 00022- 01-00004