$1,400,000
SOLD JUL 25, 2018

2968 First Ave Avalon, NJ 08202

4 Beds
3 Baths
1,747 Sq Ft
1.15 Acres

Recently Sold

$801 Per Sq Ft

5% Below List Price

264 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Ranch Style House
  • 2-minute walk to Surfside Park

About This Home

As of July 2018

This home is located at 2968 First Ave, Avalon, NJ 08202 and is currently priced at $1,400,000, approximately $801 per square foot. This property was built in 1973. 2968 First Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Chris Gallagher

Tim Kerr Sotheby's International Realty Listed on: 09/25/2017

Last Buyer's Agent

Raymond Sampson

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,961

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 50 x 110
  • Interior Lot
  • Property is zoned R-1C

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,747 Sq Ft Home
  • Skylights
  • Blinds
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 22 / 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,961

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Near: Beach,Shopping
  • Also Includes: Blinds, Rugs
  • Estimated Year Built: 1973
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 2968
  • Lot Size2: 50 x 110
  • Price per Sq Ft: 801.37
  • Selling Agent1: 692
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Wood Flooring, Skylight, Smoke/Fire Alarm
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1747
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Florida Room, Storage Attic

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Beige
  • Outside Features: Deck, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 22
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: .03
  • Zoning: R-1C

Tax Info

  • Taxes: 3960.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Jul 25, 2018
Sold by
Gallo Frank J and Gallo Judith L
Bought by
Dobbeck Scott E
Seller's Agent
Chris Gallagher
Tim Kerr Sotheby's International Realty
Buyer's Agent
Raymond Sampson
FERGUSON-DECHERT, INC
List Price
$1,479,000
Sold Price
$1,400,000
Premium/Discount to List
-$79,000
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%

Purchase Details

Closed on
Apr 29, 1988
Bought by
Gallo Frank J and Gallo Judith L
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 Type Sale Price Title Company
Deed $1,400,000 --
Deed $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Price Changed $2,995,000 -6.3% --
04/27/2022 04/27/22 For Sale $3,195,000 +128.2% --
07/25/2018 07/25/18 Sold $1,400,000 -5.3% $801 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
09/25/2017 09/25/17 For Sale $1,479,000 -- $847 / 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
2025 $6,497 $1,058,100 $900,000 $158,100
2024 $6,497 $1,058,100 $900,000 $158,100
2023 $6,444 $1,058,100 $900,000 $158,100
2022 $6,010 $1,058,100 $900,000 $158,100
2021 $5,396 $1,058,100 $900,000 $158,100
2020 $5,566 $1,058,100 $900,000 $158,100
2019 $5,396 $1,058,100 $900,000 $158,100
2018 $5,164 $1,058,100 $900,000 $158,100
2017 $4,004 $720,100 $700,000 $20,100
2016 $3,961 $720,100 $700,000 $20,100
2015 $3,896 $720,100 $700,000 $20,100
2014 $3,853 $720,100 $700,000 $20,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 178424

Cape May County Association of REALTORS®

APN: 01-00029-03-00022