NOT LISTED FOR SALE

2959 1st Ave Avalon, NJ 08202

Estimated Value: $4,032,887 - $5,202,000

-- Bed
-- Bath
3,968 Sq Ft
$1,118/Sq Ft Est. Value

About This Home

This home is located at 2959 1st Ave, Avalon, NJ 08202 and is currently estimated at $4,437,972, approximately $1,118 per square foot. 2959 1st Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Melvin Thomas O
Bought by
Melvin Thomas O
Current Estimated Value
$4,437,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Outstanding Balance
$1,883,281
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$2,554,691

Purchase Details

Closed on
Sep 17, 2009
Sold by
Living Trust Of Edward C Thompson Jr and Frost Nancy Thompson
Bought by
Melvin Thomas O and Melvin Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 29, 1990
Sold by
Thompson Edward C
Bought by
Thompson Edward C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Melvin Thomas O -- Arrow Land
Melvin Thomas O -- Arrow Land
Melvin Thomas O $810,000 Commonwealth Land Title Insu
Thompson Edward C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melvin Thomas O $1,890,000
Closed Melvin Thomas O $1,890,000
Previous Owner Melvin Thomas O $1,000,000
Source: Public Records

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 $14,171 $2,307,900 $1,200,000 $1,107,900
2024 $14,171 $2,307,900 $1,200,000 $1,107,900
2023 $14,055 $2,307,900 $1,200,000 $1,107,900
2022 $13,109 $2,307,900 $1,200,000 $1,107,900
2021 $12,624 $2,307,900 $1,200,000 $1,107,900
2020 $12,140 $2,307,900 $1,200,000 $1,107,900
2019 $11,770 $2,307,900 $1,200,000 $1,107,900
2018 $11,263 $2,307,900 $1,200,000 $1,107,900
2017 $8,213 $1,477,200 $900,000 $577,200
2016 $8,125 $1,477,200 $900,000 $577,200
2015 $7,992 $1,477,200 $900,000 $577,200
2014 $7,903 $1,477,200 $900,000 $577,200
Source: Public Records

Map

New Jersey Cape May County Avalon 08202

2959 1st Ave, Avalon, NJ

This home is located at 2959 1st Ave, Avalon, NJ 08202 and is currently estimated at $4,437,972, approximately $1,118 per square foot. 2959 1st Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

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