NOT LISTED FOR SALE

386 22nd St Avalon, NJ 08202

Estimated Value: $4,158,000 - $5,148,000

0.92 Acre
$5,304,200 Price per Acre
40,075 Sq Ft Lot

Sale Details

Date Sold: December 28, 2020

Last sale price $2,100,000 $2,459 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $28,495 / mo

148 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Avalon Elementary School Rated A

About This Lot

As of December 2020

This home is located at 386 22nd St, Avalon, NJ 08202 since 14 July 2020 and is currently estimated at $4,879,864, approximately $5,714 per square foot. 386 22nd St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

David Gorelick

COMPASS RE - Avalon Dune License #1967768 Listed on: 07/14/2020

Last Buyer's Agent

Roger Soens

COMPASS RE - Avalon Dune License #8532954

COMPASS RE - Avalon Dune

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,157

Property Views

  • Water Views

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks

Lot Details

  • Lot Dimensions are 40' x 130'
  • Property Fronts a Bay or Harbor
  • Property is zoned R-2B

Listing and Financial Details

  • Legal Lot and Block 109 / 22

Property Details

Property Type

Land

Est. Annual Taxes

$6,157

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Bay Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Lot Size2: 40' x 130'
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 109
  • Lot Size: 1 to 6000 SqFt
  • Sub Block: 05
  • Total Assessment: 1207300
  • Zoning: R-2B
  • Improvements: Paved Road, Sidewalk, Gas, Electric, Water, Sewer, Bulkhead, Dock, Boat Slip
  • Zoning: Residential

Tax Info

  • Taxes: 6157.23
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Rs386 Llc
Bought by
Young Eric L
Current Estimated Value
$4,922,124

Purchase Details

Listed on
Jul 14, 2020
Closed on
Dec 28, 2020
Sold by
Addie Martin Family Lp
Bought by
Rs386 Llc
Seller's Agent
David Gorelick
COMPASS RE - Avalon Dune
Buyer's Agent
Roger Soens
COMPASS RE - Avalon Dune
List Price
$2,500,000
Sold Price
$2,100,000
Premium/Discount to List
-$400,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Young Eric L $3,850,000 Seaboard Title
Rs386 Llc $2,100,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $2,100,000 -16.0% $2,459 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $2,500,000 -- $2,927 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $21,663 $3,528,100 $1,200,000 $2,328,100
2024 $21,663 $3,528,100 $1,200,000 $2,328,100
2023 $21,486 $3,528,100 $1,200,000 $2,328,100
2022 $6,816 $1,200,000 $1,200,000 $0
2021 $6,604 $1,207,300 $1,200,000 $7,300
2020 $6,350 $1,207,300 $1,200,000 $7,300
2019 $6,157 $1,207,300 $1,200,000 $7,300
2018 $5,892 $1,207,300 $1,200,000 $7,300
2017 $6,630 $1,192,400 $1,180,000 $12,400
2016 $6,558 $1,192,400 $1,180,000 $12,400
2015 $6,451 $1,192,400 $1,180,000 $12,400
2014 $6,379 $1,192,400 $1,180,000 $12,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202424

Cape May County Association of REALTORS®

APN: 01-00022-05-00109

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