NOT LISTED FOR SALE

242 36th St Avalon, NJ 08202

Estimated Value: $4,649,000 - $5,275,000

6 Beds
6 Baths
1,143 Sq Ft
$4,262/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $4,500,000 $3,937 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $25,807/month

31 Days on Market

Highlights

  • Water Views
  • New Construction
  • Island Location
  • Avalon Elementary School Rated A
  • In Ground Pool
  • 5-minute walk to 39th Street Park

About This Home

As of November 2024

This home is located at 242 36th St, Avalon, NJ 08202 since 28 August 2024 and is currently estimated at $4,871,700, approximately $4,262 per square foot. This property was built in 2024. 242 36th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

John (Jack) Binder Jr

FERGUSON-DECHERT, INC Listed on: 08/28/2024

Last Buyer's Agent

Janet Passio

WEICHERT REALTORS - TURNERSVILLE License #8735290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 60' x 110'
  • Fenced Yard
  • Interior Lot
  • Sprinkler System

Home Design

  • Upside Down Style Home

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Deck
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 36.04 / 54.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,999

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Also Includes: Furniture
  • Estimated Year Built: 2024
  • New Construction: Yes
  • Lot Size2: 60' x 110'
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2024

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Tile Flooring, 1764
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 14
  • Basement: Crawl Space
  • Other Rooms: Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Outside Features: Deck, Fenced Yard, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 36.04
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 9999
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 20, 2024
Sold by
Gunselman Jeffrey and Pietrangelo Merri
Bought by
Ricchezza Gian and Ricchezza Jillian
Seller's Agent
John (Jack) Binder Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Janet Passio
WEICHERT REALTORS - TURNERSVILLE
List Price
$4,699,000
Sold Price
$4,500,000
Premium/Discount to List
-$199,000
-4.23%
Views
9
Current Estimated Value
$4,871,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,700
Avg. Annual Appreciation
7.41%
Original Mortgage
$3,150,000
Outstanding Balance
$3,122,022
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$1,749,678

Purchase Details

Listed on
Oct 18, 2021
Closed on
Feb 25, 2022
Sold by
Connor Thomas J
Bought by
Gunselman Jeffrey and Pietrangelo Merri
Seller's Agent
Roger Soens
COMPASS RE - Avalon Dune
Buyer's Agent
Roger Soens
COMPASS RE - Avalon Dune
List Price
$2,500,000
Sold Price
$2,150,000
Premium/Discount to List
-$350,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.94%
Original Mortgage
$1,612,500
Interest Rate
3.55%
Mortgage Type
Balloon

Purchase Details

Closed on
May 17, 1996
Sold by
Goffredi Geo
Bought by
Connor Thos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ricchezza Gian $4,500,000 Westcor Land Title
Ricchezza Gian $4,500,000 Westcor Land Title
Ricchezza Gian $4,500,000 Westcor Land Title
Gunselman Jeffrey $2,150,000 Seaboard Title
Connor Thos $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricchezza Gian $3,150,000
Closed Ricchezza Gian $3,150,000
Previous Owner Gunselman Jeffrey $1,612,500
Previous Owner Connor Thos $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Sold $4,500,000 -2.1% $3,937 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/20/2024 09/20/24 Price Changed $4,595,000 -2.2% $4,020 / Sq Ft
08/28/2024 08/28/24 For Sale $4,699,000 +118.6% $4,111 / Sq Ft
02/25/2022 02/25/22 Sold $2,150,000 -14.0% $1,871 / Sq Ft View Prior Sale
01/16/2022 01/16/22 Pending -- -- --
10/18/2021 10/18/21 For Sale $2,500,000 -- $2,176 / 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
2025 $4,298 $2,758,800 $1,500,500 $1,258,300
2024 $4,298 $700,000 $700,000 $0
2023 $4,322 $709,700 $700,000 $9,700
2022 $4,031 $709,700 $700,000 $9,700
2021 $3,882 $709,700 $700,000 $9,700
2020 $3,733 $709,700 $700,000 $9,700
2019 $3,619 $709,700 $700,000 $9,700
2018 $3,463 $709,700 $700,000 $9,700
2017 $4,257 $765,700 $750,000 $15,700
2016 $4,211 $765,700 $750,000 $15,700
2015 $4,142 $765,700 $750,000 $15,700
2014 $4,097 $765,700 $750,000 $15,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 242541

Cape May County Association of REALTORS®

APN: 01 00036- 04-00054- 01