NOT LISTED FOR SALE

2459 1st Ave Avalon, NJ 08202

Estimated Value: $3,912,000 - $4,357,000

0.13 Acre
$31,610,769 Price per Acre
5,663 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $1,475,000

Est. 179% increase in value since last sale

Current estimated payment $26,892/month

252 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Interior Lot
  • Avalon Elementary School Rated A

About This Lot

As of December 2020

This home is located at 2459 1st Ave, Avalon, NJ 08202 since 12 March 2020 and is currently estimated at $4,109,400. This property was built in 1955. 2459 1st Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,907

Year Built

  • 1955

Lot Details

  • Lot Dimensions are 55' x 90'
  • Interior Lot
  • Cleared Lot
  • Property is zoned R-1C

Additional Features

  • Property is near a beach
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 17.02 + / 24.02

Property Details

Property Type

Land

Est. Annual Taxes

$5,907

Year Built

1955

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Cleared Lot, Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Near: Beach and Town
  • Beach Proximity: 1 Block
  • Second Address Number: 2459
  • Lot Size2: 55' x 90'
  • Selling Agent1: 195
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1955

Lot Info

  • Lot Number: 17.02 +
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1207300
  • Zoning: R-1C
  • Improvements: Paved Road, Curb, Electric, Water, Sewer
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 5907.23
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Dec 4, 2020
Sold by
Mckernan Geoffrey T and Mckernan Nancy W
Bought by
Pires Charles M and Pires Kathleen K
List Price
$1,495,000
Sold Price
$1,475,000
Premium/Discount to List
-$20,000
-1.34%
Total Days on Market
252
Current Estimated Value
$4,109,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,634,400
Avg. Annual Appreciation
28.05%

Purchase Details

Closed on
Nov 13, 2019
Sold by
Fallon John T
Bought by
Mckernan Geof and Mckernan Nancy

Purchase Details

Closed on
Apr 24, 2017
Sold by
Fallon John T
Bought by
Fallon Ii Fallon John T

Purchase Details

Closed on
Dec 8, 2014
Sold by
Fallon John T
Bought by
Fallon Ii John T and Fallon John T

Range of Values:

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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
Pires Charles M $1,475,000 None Available
Mckernan Geof $1,460,000 None Available
Mckernan Geof $1,460,000 None Available
Fallon Ii Fallon John T -- None Available
Fallon Ii John T -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $1,475,000 -1.3% --
11/19/2020 11/19/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $1,495,000 -- --
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
2020 $4,536 $1,200,000 $1,200,000 $0
2019 -- $1,207,300 $1,200,000 $7,300
2018 -- $1,207,300 $1,200,000 $7,300
2017 -- $916,000 $903,600 $12,400
2016 -- $916,000 $903,600 $12,400
2015 -- $916,000 $903,600 $12,400
2014 -- $916,000 $903,600 $12,400
Source: Public Records

Map

Source: Cape May County Association of REALTORS®

MLS Number: 201084

Cape May County Association of REALTORS®

APN: 01-00024-02-00017-02