NOT LISTED FOR SALE

Estimated Value: $4,725,000 - $5,842,000

7 Beds
6 Baths
4,200 Sq Ft
$1,308/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2025

Last sale price $5,300,000 $1,262 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $30,884 / mo

8 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Island Location
  • New Construction
  • Property is near a beach
  • Deck

About This Home

As of February 2025

This home is located at 285 58th St, Avalon, NJ 08202 since 06 January 2025 and is currently estimated at $5,493,961, approximately $1,308 per square foot. This property was built in 2024. 285 58th St is a home located in Cape May County.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 01/06/2025

Last Buyer's Agent

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 01/06/2025

Home Details

Home Type

  • Single Family

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

  • 4,200 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Partially Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad

Outdoor Features

  • In Ground Pool
  • Property is near a beach
  • Property near a bay
  • Deck
  • Patio

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 25,27,29.. / 57

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

1.38 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Partial Furniture
  • Estimated Year Built: 2024
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • 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, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Walk in Closet, 1763, 1764
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Total Rooms: 20
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4200
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room, Laundry Closet

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: 1779
  • Frontage: 60
  • House Color: Gray
  • Outside Features: Patio, Deck, Fenced Yard, Sidewalks, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Parking Pad, Attached

Utilities

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

Lot Info

  • Lot Number: 25,27,29..
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: .04
  • Zoning: Res

Tax Info

  • Taxes: 9
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Feb 25, 2025
Sold by
Bought by
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$5,745,000
Sold Price
$5,300,000
Premium/Discount to List
-$445,000
-7.75%
Views
2
Current Estimated Value
$5,493,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,961
Avg. Annual Appreciation
2.53%
Original Mortgage
$2,250,000
Outstanding Balance
$2,218,511
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$3,275,450

Purchase Details

Listed on
May 10, 2022
Closed on
Sep 13, 2022
Sold by
Bought by
Seller's Agent
Augustus Purdy
A LEWIS PURDY REAL ESTATE INC
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$2,699,000
Sold Price
$2,600,000
Premium/Discount to List
-$99,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.74%
Original Mortgage
$3,170,000
Interest Rate
5.13%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 1990
Sold by
Bought by

Purchase Details

Closed on
May 29, 1990
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 1988
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,300,000 Seaboard Title
$2,600,000 None Listed On Document
$345,000 --
$37,700 --
$316,500 --
$260,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,250,000
Previous Owner $3,170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2025 02/25/25 Sold $5,300,000 -7.7% $1,262 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $5,745,000 +121.0% $1,368 / Sq Ft
09/14/2022 09/14/22 Sold $2,600,000 -3.7% $1,408 / Sq Ft View Prior Sale
05/19/2022 05/19/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $2,699,000 -- $1,462 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,596 $2,851,600 $1,400,000 $1,451,600
2025 $8,596 $2,851,600 $1,400,000 $1,451,600
2024 $8,596 $1,400,000 $1,400,000
2023 $8,526 $1,400,000 $1,400,000 $0
2022 $8,531 $1,501,900 $1,400,000 $101,900
2021 $8,215 $1,501,900 $1,400,000 $101,900
2020 $7,900 $1,501,900 $1,400,000 $101,900
2019 $7,660 $1,501,900 $1,400,000 $101,900
2018 $7,329 $1,501,900 $1,400,000 $101,900
2017 $6,183 $1,112,000 $1,000,000 $112,000
2016 $6,116 $1,112,000 $1,000,000 $112,000
2015 $6,016 $1,112,000 $1,000,000 $112,000
2014 $5,949 $1,112,000 $1,000,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 250059

Cape May County Association of REALTORS®

APN: 01-00057-04-00025

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