NOT LISTED FOR SALE

316 60th St Avalon, NJ 08202

Estimated Value: $6,034,000 - $9,132,000

4 Beds
3 Baths
4,055 Sq Ft
$1,755/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $4,100,000 $1,011 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $40,781/month

304 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Island Location
  • Avalon Elementary School Rated A
  • Boat Slip
  • Cathedral Ceiling

About This Home

As of August 2018

This home is located at 316 60th St, Avalon, NJ 08202 since 29 August 2017 and is currently estimated at $7,117,066, approximately $1,755 per square foot. This property was built in 1995. 316 60th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 08/29/2017

Last Buyer's Agent

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 08/29/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,385

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 90' x 156'
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Corner Lot
  • Property is zoned R-1B

Interior Spaces

  • 4,055 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Great Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Enclosed Patio or Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2.04 / 60.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,385

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Corner, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Estimated Year Built: 1995
  • New Construction: No
  • Second Address Number: 316
  • Lot Size2: 90' x 156'
  • Price per Sq Ft: 1011.1
  • Selling Agent1: 182
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1995

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Smoke/Fire Alarm, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.2
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4055
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Three Story
  • Outside Features: Enclosed/Covered Patio, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, Boat Slips

Utilities

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

Lot Info

  • Lot Number: 2.04
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 3888200
  • Zoning: R-1B

Tax Info

  • Taxes: 21385.1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Aug 10, 2018
Sold by
Bernhard Brian and Haag Wendy
Bought by
Avalon 60 Llc
Seller's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
Buyer's Agent
John A. (Jack) Binder
FERGUSON-DECHERT, INC
List Price
$4,495,000
Sold Price
$4,100,000
Premium/Discount to List
-$395,000
-8.79%
Current Estimated Value
$7,117,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,017,066
Avg. Annual Appreciation
8.14%
Original Mortgage
$2,870,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2009
Sold by
Howard R Foster Revocable Trust
Bought by
Bernhard Brian and Haag Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2005
Sold by
Foster Howard R and Foster Suzi K
Bought by
Howard R Foster Revocable Trust

Purchase Details

Closed on
Mar 4, 2000
Sold by
Forster Howard R
Bought by
Stroup James A and Stroup Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.21%
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 Buyer Sale Price Title Company
Avalon 60 Llc $4,100,000 --
Bernhard Brian $4,005,000 None Available
Howard R Foster Revocable Trust -- Chicago Title Insurance Co
Stroup James A $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalon 60 Llc $2,870,000
Closed Avalon 60 Llc $2,870,000
Closed Haag Wendy $1,500,000
Previous Owner Bernhard Brian $741,572
Previous Owner Bernhard Brian $849,300
Previous Owner Bernhard Brian $2,000,000
Previous Owner Stroup James A $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $4,100,000 -8.8% $1,011 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
08/29/2017 08/29/17 For Sale $4,495,000 -- $1,109 / 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 $24,921 $4,058,800 $2,587,500 $1,471,300
2024 $24,921 $4,058,800 $2,587,500 $1,471,300
2023 $24,718 $4,058,800 $2,587,500 $1,471,300
2022 $23,054 $4,058,800 $2,587,500 $1,471,300
2021 $16,864 $4,058,800 $2,587,500 $1,471,300
2020 $21,243 $4,038,600 $2,587,500 $1,451,100
2019 $20,597 $4,038,600 $2,587,500 $1,451,100
2018 $19,708 $4,038,600 $2,587,500 $1,451,100
2017 $21,618 $3,888,200 $2,556,200 $1,332,000
2016 $21,385 $3,888,200 $2,556,200 $1,332,000
2015 $21,035 $3,888,200 $2,556,200 $1,332,000
2014 $20,802 $3,888,200 $2,556,200 $1,332,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177922

Cape May County Association of REALTORS®

APN: 01-00060-05-00002-04