NOT LISTED FOR SALE

298 43rd St Avalon, NJ 08202

Estimated Value: $4,282,052 - $5,265,000

3 Beds
2 Baths
1,144 Sq Ft
$4,128/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $1,250,000 $1,093 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $27,187/month

1 Day on Market

Highlights

  • Property near a bay
  • Island Location
  • Enclosed Patio or Porch
  • Avalon Elementary School Rated A
  • Ranch Style House
  • Living Room

About This Home

As of December 2020

This home is located at 298 43rd St, Avalon, NJ 08202 since 19 October 2020 and is currently estimated at $4,722,763, approximately $4,128 per square foot. This property was built in 1970. 298 43rd St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 10/19/2020

Last Buyer's Agent

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 10/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,867

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 60 x 110
  • Property is zoned R-1C

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • Partially Furnished
  • Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 66 / 43.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,867

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 01-Avalon Borough
  • Near: Bay, Town, Beach
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1970
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 298
  • Lot Size2: 60 x 110
  • Price per Sq Ft: 1092.66
  • Selling Agent1: 2949
  • Selling Office1: 651
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1144
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Ranch
  • Exterior: Asbestos
  • House Color: Blue
  • Outside Features: Enclosed/Covered Patio, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 1 Car, Stone Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 66
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-1C

Tax Info

  • Taxes: 4866.93
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
298 43Rd Street Llc
Bought by
Klein Russell L and Klein Whitney A
Current Estimated Value
$4,722,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,065,000
Outstanding Balance
$1,918,874
Interest Rate
3.45%
Mortgage Type
Balloon
Estimated Equity
$2,803,889

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 28, 2020
Sold by
Storti Stephen R and Storti Lynne K
Bought by
298 43Rd Street Llc
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
Buyer's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.77%

Purchase Details

Closed on
Mar 26, 1994
Sold by
Rowe Peter W
Bought by
Storti Stephen R and Storti Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.27%

Purchase Details

Closed on
Oct 24, 1991
Sold by
Rowe Peter W and Rowe Grace B
Bought by
Rowe Peter W and Rowe Grace B
Source: Public Records

Range of Values:

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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
Klein Russell L $2,950,000 Seaboard Title
298 43Rd Street Llc $1,250,000 None Available
Storti Stephen R $205,000 --
Rowe Peter W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Russell L $2,065,000
Previous Owner Storti Stephen R $60,000
Closed Klein Russell L $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $1,250,000 -3.8% $1,093 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,300,000 -- $1,136 / 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 $18,048 $2,939,400 $945,000 $1,994,400
2024 $18,048 $2,939,400 $945,000 $1,994,400
2023 $18,020 $2,958,900 $945,000 $2,013,900
2022 $5,368 $945,000 $945,000 $0
2021 $5,220 $954,300 $945,000 $9,300
2020 $5,020 $954,300 $945,000 $9,300
2019 $4,867 $954,300 $945,000 $9,300
2018 $4,657 $954,300 $945,000 $9,300
2017 $3,975 $715,000 $700,000 $15,000
2016 $3,933 $715,000 $700,000 $15,000
2015 $3,868 $715,000 $700,000 $15,000
2014 $3,825 $715,000 $700,000 $15,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204117

Cape May County Association of REALTORS®

APN: 01-00043-04-00066