P
Seller's Agent in 2023
Paul Sudell
FERGUSON-DECHERT, INC
(609) 374-1326
71 in this area
112 Total Sales
40 Inlet Dr N Avalon, NJ 08202
Estimated Value: $4,722,000
1.15
Acres
$4,106,087
Price per Acre
50,094
Sq Ft Lot
Highlights
- Water Views
- Island Location
- Interior Lot
- Avalon Elementary School Rated A
About This Lot
As of March 2023This home is located at 40 Inlet Dr N, Avalon, NJ 08202 since 06 January 2023 and is currently estimated at $4,722,000, approximately $2,380 per square foot. 40 Inlet Dr N is a home located in Cape May County with nearby schools including Avalon Elementary School.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,478
Lot Details
- Lot Dimensions are 50x110
- Interior Lot
- Level Lot
- Cleared Lot
- Property is zoned R-1C
Additional Features
- Water Views
- Island Location
Listing and Financial Details
- Legal Lot and Block 5 / 5.11
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 8, 2025
Sold by
Borough Of Avalon
Bought by
Martemucci Robert and Martemucci Jan
Current Estimated Value
Purchase Details
Closed on
Aug 2, 2024
Sold by
Sj Design Group Limited Liability Compan
Bought by
Martemucci Robert and Martemucci Jan
Purchase Details
Listed on
Jan 6, 2023
Closed on
Mar 31, 2023
Sold by
Pasceri Bruno and Pasceri Sandra
Bought by
Sj Design Group Limited Liability Company
Seller's Agent
Paul Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$2,495,000
Sold Price
$1,800,000
Premium/Discount to List
-$695,000
-27.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.71%
Original Mortgage
$2,860,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 6, 2023
Closed on
Mar 24, 2023
Sold by
Pasceri Bruno and Pasceri Sandra
Bought by
Pasceri Bruno and Pasceri Sandra
Seller's Agent
Paul Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$2,495,000
Sold Price
$1,800,000
Premium/Discount to List
-$695,000
-27.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2021
Sold by
Pasceri and Sandra
Bought by
Pasceri Bruno and Pasceri Sandra
Purchase Details
Listed on
Apr 14, 2020
Closed on
Nov 24, 2020
Sold by
Kalata Paul R and Kalata Patricia
Bought by
Pasceri Bruno and Pasceri Sandra
Seller's Agent
Sandra T. Struble
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Sandra T. Struble
LONG & FOSTER REAL ESTATE, INC av
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.62%
Purchase Details
Closed on
May 14, 1997
Sold by
Myers Leslie
Bought by
Kalata Paul R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.08%
Purchase Details
Closed on
Dec 23, 1994
Sold by
Palmer Britton
Bought by
Myers Leslie and O'Hanlan Carolyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
9.19%
Purchase Details
Closed on
Feb 9, 1993
Sold by
Palmer Anne S
Bought by
Palmer Britton W and Palmer Edgard S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martemucci Robert | -- | Seaboard Title | |
| Martemucci Robert | $4,600,000 | Seaboard Title | |
| Sj Design Group Limited Liability Company | $1,800,000 | Seaboard Title | |
| Pasceri Bruno | -- | Seaboard Title | |
| Pasceri Bruno | -- | Hammes Faith C | |
| Pasceri Bruno | $1,250,000 | Misc Company | |
| Kalata Paul R | $260,000 | -- | |
| Myers Leslie | $240,000 | -- | |
| Palmer Britton W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sj Design Group Limited Liability Company | $2,860,000 | |
| Previous Owner | Kalata Paul R | $172,000 | |
| Previous Owner | Kalata Paul R | $160,000 | |
| Previous Owner | Myers Leslie | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $1,800,000 | -27.9% | $907 / Sq Ft |
| 02/17/2023 02/17/23 | Pending | -- | -- | -- |
| 01/06/2023 01/06/23 | For Sale | $2,495,000 | +99.6% | $1,258 / Sq Ft |
| 11/20/2020 11/20/20 | Sold | $1,250,000 | -5.7% | $594 / Sq Ft |
| 07/05/2020 07/05/20 | Pending | -- | -- | -- |
| 04/14/2020 04/14/20 | For Sale | $1,325,000 | -- | $630 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $5,526 | $2,754,000 | $1,395,000 | $1,359,000 |
| 2024 | $5,526 | $900,000 | $900,000 | $0 |
| 2023 | $5,481 | $900,000 | $900,000 | $0 |
| 2022 | $5,112 | $900,000 | $900,000 | $0 |
| 2021 | $3,831 | $1,001,500 | $900,000 | $101,500 |
| 2020 | $5,268 | $1,001,500 | $900,000 | $101,500 |
| 2019 | $5,108 | $1,001,500 | $900,000 | $101,500 |
| 2018 | $4,887 | $1,001,500 | $900,000 | $101,500 |
| 2017 | $5,355 | $963,100 | $850,000 | $113,100 |
| 2016 | $5,297 | $963,100 | $850,000 | $113,100 |
| 2015 | $5,210 | $963,100 | $850,000 | $113,100 |
| 2014 | $5,144 | $961,500 | $850,000 | $111,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller's Agent in 2020
Sandra T. Struble
LONG & FOSTER REAL ESTATE, INC av
Map
Source: Cape May County Association of REALTORS®
MLS Number: 230040
APN: 01-00005-11-00005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
Nearby Homes