NOT LISTED FOR SALE

4327 5th Ave Avalon, NJ 08202

Estimated Value: $4,621,000 - $5,627,000

5 Beds
4 Baths
3,589 Sq Ft
$1,442/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $4,300,000 $1,198 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $30,097/month

197 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Avalon Elementary School Rated A
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of February 2022

Rear ground-Level patio with in-ground pool, Bayfront dock and boat slip with a boat lift. As the sale is part of an estate; the home is being offered in as is condition. 24 HOUR APPOINTMENT ONLY AS THE FAMILY COMES DOWN TO THE HOME ON WEEKENDS. NJDEP PERMITS TO BE DISCUSSED.

Last Listed By

Chris Gallagher

Tim Kerr Sotheby's International Realty Listed on: 06/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,390

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 60 x 250
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1B

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3,589 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 55 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,390

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Curtains, Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 2005
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 4327
  • Lot Size2: 60 x 250
  • Price per Sq Ft: 1198.11
  • Selling Agent1: 183
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 3589
  • Other Rooms: Living Room, Dining Room, Recreation/Family, Eat-In-Kitchen, Pantry, Laundry/Utility Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Frontage: 60
  • House Color: Beige
  • Outside Features: Deck, Fenced Yard, Dock, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Attached, Auto Door Opener, Stone Driveway

Utilities

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

Lot Info

  • Lot Number: 55
  • Lot Size: 10000-20000 SqFt
  • Sub Block: 06
  • Zoning: R-1B

Tax Info

  • Taxes: 14390
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Mar 9, 2022
Sold by
Lee Weney Vonda
Bought by
Hoffman Kevin L
Seller's Agent
Chris Gallagher
Tim Kerr Sotheby's International Realty
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$4,595,000
Sold Price
$4,300,000
Premium/Discount to List
-$295,000
-6.42%
Total Days on Market
197
Current Estimated Value
$5,176,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$876,068
Avg. Annual Appreciation
6.00%
Original Mortgage
$2,316,000
Outstanding Balance
$2,183,110
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$2,992,958

Purchase Details

Listed on
Jun 3, 2021
Closed on
Feb 25, 2022
Sold by
Lee Weney Vonda
Bought by
Hoffman Kevin L
Seller's Agent
Chris Gallagher
Tim Kerr Sotheby's International Realty
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$4,595,000
Sold Price
$4,300,000
Premium/Discount to List
-$295,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,316,000
Outstanding Balance
$2,183,110
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$2,992,958

Purchase Details

Closed on
Nov 27, 1998
Sold by
Borger Julia
Bought by
Junior Walter Weney and Weney Vonda

Purchase Details

Closed on
Mar 25, 1993
Sold by
State Of New Jersey Dep
Bought by
Henry James J Et Als

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
Hoffman Kevin L $4,300,000 Seaboard Title
Hoffman Kevin L $4,300,000 Seaboard Title
Junior Walter Weney $450,000 --
Henry James J Et Als $27,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Kevin L $2,316,000
Closed Hoffman Kevin L $2,316,000
Previous Owner Wensey Walter J $1,700,000
Previous Owner Weney Walter J $358,500
Previous Owner Weney Walter J $500,000
Previous Owner Weney Walter J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $4,300,000 -6.4% $1,198 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $4,595,000 -- $1,280 / 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 $16,798 $2,735,800 $1,700,000 $1,035,800
2023 $16,661 $2,735,800 $1,700,000 $1,035,800
2022 $15,539 $2,735,800 $1,700,000 $1,035,800
2021 $14,965 $2,735,800 $1,700,000 $1,035,800
2020 $14,390 $2,735,800 $1,700,000 $1,035,800
2019 $13,953 $2,735,800 $1,700,000 $1,035,800
2018 $13,351 $2,735,800 $1,700,000 $1,035,800
2017 $14,136 $2,542,500 $1,600,000 $942,500
2016 $13,984 $2,542,500 $1,600,000 $942,500
2015 $13,755 $2,542,500 $1,600,000 $942,500
2014 $13,602 $2,542,500 $1,600,000 $942,500
Source: Public Records

Agents Affiliated with this Home

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Source: Cape May County Association of REALTORS®

MLS Number: 212012

Cape May County Association of REALTORS®

APN: 01-00042-06-00055