NOT LISTED FOR SALE

274 7th St Avalon, NJ 08202

Estimated Value: $3,706,292 - $4,527,000

6 Beds
5 Baths
1,133 Sq Ft
$3,693/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $2,495,000 $2,202 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $24,409/month

16 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Island Location
  • Cathedral Ceiling

About This Home

As of November 2019

Sale contingent on Buyer finding a replacement property. Seller is a licensed NJ real estate sales agent.

Last Listed By

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 08/30/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,407

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 50' x 110'
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned R-1C

Home Design

  • Upside Down Style Home
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Water Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Deck
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 60 / 7.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,407

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Bay and Beach
  • Also Includes: Curtains, Blinds, Rugs, Furniture
  • Estimated Year Built: 2016
  • New Construction: No
  • Second Address Number: 274
  • Lot Size2: 50' x 110'
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 15
  • Basement: Slab
  • Other Rooms: Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Frontage: 50
  • 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, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 60
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1927600
  • Zoning: R-1C

Tax Info

  • Taxes: 9406.69
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jan 8, 2020
Sold by
Avalon Borough Of
Bought by
Binder John A and Binder Alexis B
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,495,000
Sold Price
$2,495,000
Total Days on Market
16
Current Estimated Value
$4,184,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,689,573
Avg. Annual Appreciation
10.69%

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 19, 2015
Sold by
Hain Virginia M and Lynch James J
Bought by
Binder John A and Binder Alexis B
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$779,000
Sold Price
$727,500
Premium/Discount to List
-$51,500
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.08%
Original Mortgage
$1,238,000
Interest Rate
3.84%
Mortgage Type
Construction

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
Binder John A -- None Available
Binder John A $727,500 Seaboard Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Binder John A $1,245,000
Previous Owner Binder John A $1,238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $2,495,000 0.0% $2,202 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $2,495,000 +243.0% $2,202 / Sq Ft
06/19/2015 06/19/15 Sold $727,500 -6.6% $642 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $779,000 -- $688 / 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 $11,835 $1,927,600 $800,000 $1,127,600
2023 $11,739 $1,927,600 $800,000 $1,127,600
2022 $10,949 $1,927,600 $800,000 $1,127,600
2021 $10,544 $1,927,600 $800,000 $1,127,600
2020 $10,139 $1,927,600 $800,000 $1,127,600
2019 $9,831 $1,927,600 $800,000 $1,127,600
2018 $9,407 $1,927,600 $800,000 $1,127,600
2017 $9,094 $1,635,700 $675,000 $960,700
2016 $3,713 $675,000 $675,000 $0
2015 $3,774 $697,600 $675,000 $22,600
2014 $3,732 $697,600 $675,000 $22,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John A. (Jack) Binder

    FERGUSON-DECHERT, INC

    121 in this area

    157 Total Sales

    John A. (Jack) Binder
    Section Image

  • J

    Buyer's Agent in 2019

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 967-4200

    139 in this area

    174 Total Sales

    Jack Binder
    Section Image
  • Daniel Bowersock

    Seller's Agent in 2015

    Daniel Bowersock

    FERGUSON-DECHERT, INC

    (609) 602-0912

    107 in this area

    133 Total Sales

    Daniel Bowersock
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 189313

Cape May County Association of REALTORS®

APN: 01-00007-04-00060

New Jersey Cape May County Avalon 08202

274 7th St, Avalon, NJ

Homes for Sale in Avalon, NJ

This home is located at 274 7th St, Avalon, NJ 08202 since 30 August 2019 and is currently estimated at $4,184,573, approximately $3,693 per square foot. This property was built in 2016. 274 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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