NOT LISTED FOR SALE

4385 4th Ave Avalon, NJ 08202

Estimated Value: $5,467,000 - $8,055,000

6 Beds
6 Baths
4,610 Sq Ft
$1,455/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $3,600,000 $781 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $37,436/month

180 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • New Construction
  • Avalon Elementary School Rated A
  • Boat Slip
  • In Ground Pool

About This Home

As of May 2020

This home is located at 4385 4th Ave, Avalon, NJ 08202 since 27 September 2019 and is currently estimated at $6,706,398, approximately $1,454 per square foot. This property was built in 2019. 4385 4th Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 09/27/2019

Last Buyer's Agent

Daniel Bowersock

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

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

Interior Spaces

  • 4,610 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Loft
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 41 / 42.05

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Furniture
  • Estimated Year Built: 2019
  • New Construction: Yes
  • Second Address Number: 4385
  • Lot Size2: 60' x 250'
  • Price per Sq Ft: 780.91
  • Selling Agent1: 183
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4610
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Loft, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Shingle, Other
  • Frontage: 60
  • House Color: White
  • Outside Features: Patio, Deck, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Concrete 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: 41
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-1B

Tax Info

  • Taxes: 99999999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
May 12, 2020
Sold by
242 104Th Llc
Bought by
Bayfront Rentals Llc
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
List Price
$4,099,000
Sold Price
$3,600,000
Premium/Discount to List
-$499,000
-12.17%
Total Days on Market
180
Current Estimated Value
$6,706,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,106,398
Avg. Annual Appreciation
13.28%
Original Mortgage
$2,520,000
Outstanding Balance
$2,257,347
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,466,445

Purchase Details

Listed on
Nov 7, 2017
Closed on
May 12, 2018
Sold by
204 104Th Llc
Bought by
204 104Th Llc
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$1,645,000
Sold Price
$1,645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.70%
Original Mortgage
$164,500
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 7, 2017
Closed on
Mar 22, 2018
Sold by
Est Marchant Betty Lou and Marchnat Ex Eric
Bought by
242 104Th Llc
Seller's Agent
Stephen Frame
DILLER FISHER REALTORS
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$1,645,000
Sold Price
$1,645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 1984
Bought by
Marchant Betty Lou
Source: Public Records

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Range of Values:

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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
Bayfront Rentals Llc $3,600,000 None Available
204 104Th Llc -- --
242 104Th Llc $1,645,000 --
Marchant Betty Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayfront Rentals Llc $2,520,000
Previous Owner 242 104Th Llc $2,525,000
Previous Owner 242 104Th Llc $164,500
Previous Owner 242 104Th Llc $1,151,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $3,600,000 -12.2% $781 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
09/27/2019 09/27/19 For Sale $4,099,000 +149.2% $889 / Sq Ft
03/31/2018 03/31/18 Sold $1,645,000 0.0% --
03/01/2018 03/01/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $1,645,000 -- --
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 $22,142 $3,606,200 $1,615,000 $1,991,200
2023 $22,007 $3,613,700 $1,615,000 $1,998,700
2022 $20,526 $3,613,700 $1,615,000 $1,998,700
2021 $19,767 $3,613,700 $1,615,000 $1,998,700
2020 $19,008 $3,613,700 $1,615,000 $1,998,700
2019 $8,267 $1,621,000 $1,615,000 $6,000
2018 $7,963 $1,631,700 $1,615,000 $16,700
2017 $8,781 $1,579,400 $1,520,000 $59,400
2016 $8,687 $1,579,400 $1,520,000 $59,400
2015 $8,545 $1,579,400 $1,520,000 $59,400
2014 $8,450 $1,579,400 $1,520,000 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189829

Cape May County Association of REALTORS®

APN: 01-00042-05-00041