NOT LISTED FOR SALE

4318 5th Ave Avalon, NJ 08202

Estimated Value: $7,900,000 - $11,957,708

5 Beds
4 Baths
3,027 Sq Ft
$3,161/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $2,800,000 $925 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $53,463/month

8 Days on Market

Highlights

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

About This Home

As of December 2016

Wonderful bayfront home situated center stage overlooking Avalon's Bluefish Harbor which is wide, deep, protected and fabulous for the kids. The western exposure allows you great views and a setting sun! The traditional floorplan allows gorgeous water views the minute you open the front door. The family room, modern kitchen with granite countertops, dining area, secondary sitting area are bayfront and have beautiful hardwood floors throughout. Immediately adjacent to the first floor living area is an expansive screened-in porch and ground level, maintenance-free sundeck that spans the entire rear yard. The first floor also has a large master bedroom with master bath, powder room for the living area, and laundry room with access to the one car attached garage. The second floor has four bedrooms, two with private baths and two with access to a hall bath. Two of the bedrooms are direct bayfront with immediate access to a large waterfront deck that is partially roof covered. There is another covered deck off an inside bedroom. The property offers a newer vinyl bulkhead, dock and two boatslips. The home is sold tastefully furnished.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 12/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,461

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Property is zoned R-1B

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,027 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Dining Area
  • Screened Porch
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 26 / 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,461

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Kitchen Center Island, Storage, Walk in Closet, Wall to Wall Carpet
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3027
  • Other Rooms: Kitchen, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Attic, 1st Floor Master Bedroom

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Dryvit
  • Frontage: 60
  • Outside Features: Patio, Deck, Screened Porch, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Boat Slips

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 1 Car, Attached, Auto Door Opener, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 26
  • Lot Size: 60 x 155
  • Total Assessment: 2083900
  • Zoning: R-1B
  • Lot Size Range: 6001-10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 11461.45
  • Assessor Parcel Number: 01000850000000260000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Gerhart James E and Gerhart Tracey N
Bought by
Redacted Upon Request
Current Estimated Value
$9,567,236

Purchase Details

Listed on
Dec 4, 2016
Closed on
Dec 12, 2016
Sold by
Beltz James W and Beltz Joanne
Bought by
Gerhart James E and Gerhart Tracey N
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,800,000
Sold Price
$2,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$196,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Matassino Vito A and Matassino Carmela L
Bought by
Beltz James W and Beltz Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Redacted Upon Request $10,900,000 Seaboard Title
Gerhart James E $2,800,000 None Available
Beltz James W $2,800,000 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerhart James E $196,000
Previous Owner Beltz James W $280,000
Previous Owner Beltz James W $1,960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $2,800,000 0.0% $925 / Sq Ft
12/04/2016 12/04/16 For Sale $2,800,000 -- $925 / 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 $37,658 $6,133,300 $2,400,000 $3,733,300
2024 $37,658 $6,133,300 $2,400,000 $3,733,300
2023 $37,352 $6,133,300 $2,400,000 $3,733,300
2022 $34,837 $6,133,300 $2,400,000 $3,733,300
2021 $33,549 $6,133,300 $2,400,000 $3,733,300
2020 $32,261 $6,133,300 $2,400,000 $3,733,300
2019 $12,254 $2,402,700 $2,400,000 $2,700
2018 $11,725 $2,402,700 $2,400,000 $2,700
2017 $11,586 $2,083,900 $1,700,000 $383,900
2016 $11,461 $2,083,900 $1,700,000 $383,900
2015 $11,274 $2,083,900 $1,700,000 $383,900
2014 $11,149 $2,083,900 $1,700,000 $383,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 173662

Cape May County Association of REALTORS®

APN: 01-00085-0000-00026