NOT LISTED FOR SALE

2589 Avalon Ave Avalon, NJ 08202

Estimated Value: $7,885,848

5 Beds
3 Baths
1,832 Sq Ft
$4,305/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $7,000,000 $3,821 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $42,745/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Ceiling Fan
  • Avalon Elementary School Rated A
  • 2 Car Attached Garage
  • 5-minute walk to Avalon Parks & Recreation Department

About This Home

As of September 2022

This home is located at 2589 Avalon Ave, Avalon, NJ 08202 since 30 September 2021 and is currently estimated at $7,885,848, approximately $4,304 per square foot. This property was built in 1952. 2589 Avalon Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Douglas Newbold

(609) 967-8300 dpnewbold@aol.com Newbold Real Estate Co. Listed on: 09/30/2021

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,367

Year Built

  • Built in 1952

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 110.00 x 110.00
  • West Facing Home
  • Property is zoned R-1C, Single Family - Lot may be subdivided into 2 lots withe the removal of the existing home

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,832 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 01-00025 01-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,367

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1832
  • Living Area Sq Ft: 1832
  • Price Per Sq Ft: 4364.08
  • Above Grade Finished Sq Ft: 1832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2589

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Other
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MIDDLE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110800.00
  • Land Assessed Value: 2150000.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 110.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12100.00
  • Year Assessed: 2021
  • Zoning: R-1C
  • Zoning Description: Single Family - Lot may be subdivided into 2 lots withe the removal of the existing home

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Multi Family

  • Federal Flood Zone: 34009C0252F

Tax Info

  • Assessor Parcel Number: 3743979
  • Tax Annual Amount: 12367.00
  • Assessor Parcel Number: 01-00025 01-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1832
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/22/2022

MLS Schools

  • School District Name: MIDDLE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Sep 22, 2022
Sold by
Spaeth Drew
Bought by
Beach House 5 Llc
Seller's Agent
Douglas Newbold
Newbold Real Estate Co.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$7,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$995,000
-12.45%
Current Estimated Value
$7,885,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,848
Avg. Annual Appreciation
4.04%

Purchase Details

Closed on
Jan 15, 2022
Sold by
Marjorie Rankin
Bought by
Rankin Drew Spaeth Marjo and Spaeth Karl

Purchase Details

Closed on
Dec 31, 2007
Sold by
Spaeth Drew and Rankin Marjorie
Bought by
Spaeth Drew and Rankin Marjorie
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
Beach House 5 Llc $7,000,000 Seaboard Title
Rankin Drew Spaeth Marjo -- Seaboard Title
Rankin Drew Spaeth Marjo -- Seaboard Title
Spaeth Drew -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $7,000,000 0.0% $3,821 / Sq Ft
09/22/2022 09/22/22 Sold $7,000,000 -12.4% $3,821 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/24/2021 11/24/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $7,995,000 0.0% $4,364 / Sq Ft
08/31/2021 08/31/21 For Sale $7,995,000 -- $4,364 / Sq Ft
Source: Bright MLS

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 $13,201 $6,356,100 $3,440,000 $2,916,100
2024 $13,201 $2,150,000 $2,150,000 $0
2023 $13,768 $2,260,800 $2,150,000 $110,800
2022 $12,841 $2,260,800 $2,150,000 $110,800
2021 $12,366 $2,260,800 $2,150,000 $110,800
2020 $11,892 $2,260,800 $2,150,000 $110,800
2019 $11,530 $2,260,800 $2,150,000 $110,800
2018 $11,033 $2,260,800 $2,150,000 $110,800
2017 $10,186 $1,832,100 $1,720,000 $112,100
2016 $10,077 $1,832,100 $1,720,000 $112,100
2015 $9,912 $1,832,100 $1,720,000 $112,100
2014 $9,802 $1,832,100 $1,720,000 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2000336

Bright MLS

APN: 01-00025-01-00001