NOT LISTED FOR SALE

384 40th St Avalon, NJ 08202

Estimated Value: $2,606,000 - $3,032,000

6 Beds
2 Baths
2,066 Sq Ft
$1,369/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $999,000 $484 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $16,538/month

Highlights

  • Deck
  • Fenced Yard
  • Patio
  • Avalon Elementary School Rated A
  • Interior Lot
  • Living Room

About This Home

As of April 2018

This home is located at 384 40th St, Avalon, NJ 08202 since 15 March 2018 and is currently estimated at $2,827,442, approximately $1,368 per square foot. This property was built in 1973. 384 40th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Steve Ahern

FERGUSON-DECHERT, INC License #8637220 Listed on: 03/15/2018

Last Buyer's Agent

Guy Sudell

FERGUSON-DECHERT, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 60 x 110
  • Fenced Yard
  • Interior Lot

Home Design

  • Duplex

Interior Spaces

  • 2,066 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 84 / 40

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,370

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds
  • Estimated Year Built: 1973
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 384
  • Lot Size2: 60 X 110
  • Selling Agent1: 196
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space, Outside Entrance, Plumbing
  • Total Sq Ft: 2066
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Patio, Deck, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: Garage, 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Cable TV, Electric, Heat, Hot Water
  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Electric, Baseboard, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 84
  • Lot Size: 6001 to 10000 SqFt
  • Total Assessment: 786000
  • Zoning: R-2A

Tax Info

  • Taxes: 4370.16
  • Tax Year: 2017

Multi Family

  • Number Of Units: 2
  • Total Rent: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 23, 2018
Sold by
Ahern Thomas F
Bought by
Sj Design Group Llc
Seller's Agent
Steve Ahern
FERGUSON-DECHERT, INC
Buyer's Agent
Guy Sudell
FERGUSON-DECHERT, INC
List Price
$985,000
Sold Price
$999,000
Premium/Discount to List
$14,000
1.42%
Total Days on Market
0
Current Estimated Value
$2,827,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,828,442
Avg. Annual Appreciation
15.56%
Original Mortgage
$1,500,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1997
Sold by
Willis Peter M
Bought by
Ahern Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.14%
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
Sj Design Group Llc $999,999 --
Ahern Thomas F $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Charles J $1,150,000
Closed Kelly Keistin N $1,160,000
Closed Sj Design Group Llc $1,500,000
Previous Owner Ahern Thomas F $121,406
Previous Owner Ahern Thomas F $40,000
Previous Owner Ahern Thomas F $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $999,000 +1.4% $484 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $985,000 -- $477 / 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
2024 $7,997 $1,302,500 $500,000 $802,500
2023 $7,932 $1,302,500 $500,000 $802,500
2022 $7,398 $1,302,500 $500,000 $802,500
2021 $7,047 $1,302,500 $500,000 $802,500
2020 $6,851 $1,302,500 $500,000 $802,500
2019 $4,093 $708,800 $708,800 $0
2018 $4,364 $778,700 $708,800 $69,900
2017 $4,352 $786,000 $708,800 $77,200
2016 $4,323 $786,000 $708,800 $77,200
2015 $4,252 $786,000 $708,800 $77,200
2014 $4,205 $786,000 $708,800 $77,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steve Ahern

    FERGUSON-DECHERT, INC

    Section Image

  • G

    Buyer's Agent in 2018

    Guy Sudell

    FERGUSON-DECHERT, INC

    (609) 967-4200

    28 in this area

    43 Total Sales

    Guy Sudell
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180870

Cape May County Association of REALTORS®

APN: 01 00040- 05-00084- 01

New Jersey Cape May County Avalon 08202

384 40th St, Avalon, NJ

This home is located at 384 40th St, Avalon, NJ 08202 since 15 March 2018 and is currently estimated at $2,827,442, approximately $1,368 per square foot. This property was built in 1973. 384 40th St is a home located in Cape May County with nearby schools including Avalon Elementary School.

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