NOT LISTED FOR SALE

4508 4th Ave Avalon, NJ 08202

Estimated Value: $6,370,000 - $8,317,028

5 Beds
3 Baths
2,481 Sq Ft
$2,993/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $2,440,000 $983 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $44,409/month

25 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Boat Slip
  • Walk-In Closet

About This Home

As of December 2019

Owner #2: Vito A. Bertolami Executor for the Estate of Joan M. Bertolami 50%

Last Agent to Sell the Property

James Hudanich

FERGUSON-DECHERT, INC Listed on: 08/17/2019

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,315

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 60' x 250'
  • Property Fronts a Bay or Harbor

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Bulkhead
  • Boat Slip
  • Docks
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 25 / 42.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,315

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Shades, Blinds, Partial Furniture
  • Estimated Year Built: 1975
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 4508
  • Lot Size2: 60' X 250'
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Trash Compactor, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Walk in Closet, Wall to Wall Carpet, Fireplace- Wood, Vinyl Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Wood
  • Frontage: 60
  • House Color: Tan
  • Outside Features: Patio, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

  • Parking Garage: Parking Pad, Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 25
  • Lot Size: 6001-10000 SqFt
  • Sub Block: 06
  • Total Assessment: 1821100
  • Zoning: single

Tax Info

  • Taxes: 9315
  • Tax Year: 2019/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Binder Iv John A and Binder Alexis B
Bought by
Binder John A and Binder Alexis B
Total Days on Market
25
Current Estimated Value
$7,424,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,200
Outstanding Balance
$1,573,448
Interest Rate
3.39%
Mortgage Type
Balloon
Estimated Equity
$5,987,836

Purchase Details

Closed on
Mar 2, 2022
Sold by
Bender Iv John A and Bender Alexis B
Bought by
Binder John A and Binder Alexis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,200
Outstanding Balance
$1,573,448
Interest Rate
3.39%
Mortgage Type
Balloon
Estimated Equity
$5,987,836

Purchase Details

Listed on
Aug 17, 2019
Closed on
Dec 17, 2019
Sold by
Bertolami Joan M Est
Bought by
Berolami Vito
Seller's Agent
James Hudanich
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$2,995,000
Sold Price
$2,440,000
Premium/Discount to List
-$555,000
-18.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.02%

Purchase Details

Closed on
Dec 15, 1979
Bought by
Bertolami Vito A and Bertolami Joan M
Source: Public Records

Similar Homes in Avalon, NJ

  • 66 Pelican Dr S, Avalon, NJ 08202

    $7,750,000

    • 5 Beds
    • 2 Baths
    • 66 Pelican Dr S
    • Avalon, NJ

    Property is being sold unfurnished and in As-Is condition.

    Eric Dechert FERGUSON-DECHERT, INC

    Section Image
See All Homes in Avalon

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Binder John A -- Laughlin Kathryn M
Binder John A -- Eastman Edward C
Berolami Vito -- Misc Company
Bertolami Vito A $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binder John A $1,775,200
Closed Binder John A $1,775,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $2,440,000 -18.5% $983 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $2,995,000 -- $1,207 / 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 $32,773 $5,337,700 $1,700,000 $3,637,700
2023 $37,631 $6,179,100 $1,700,000 $4,479,100
2022 $35,097 $6,179,100 $1,700,000 $4,479,100
2021 $9,319 $1,703,600 $1,700,000 $3,600
2020 $8,961 $1,703,600 $1,700,000 $3,600
2019 $9,288 $1,821,100 $1,700,000 $121,100
2018 $8,887 $1,821,100 $1,700,000 $121,100
2017 $10,017 $1,801,700 $1,600,000 $201,700
2016 $9,909 $1,801,700 $1,600,000 $201,700
2015 $9,747 $1,801,700 $1,600,000 $201,700
2014 $9,639 $1,801,700 $1,600,000 $201,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    James Hudanich

    FERGUSON-DECHERT, INC

    Section Image

  • J

    Buyer's Agent in 2019

    Jack Binder

    FERGUSON-DECHERT, INC

    (609) 967-4200

    138 in this area

    174 Total Sales

    Jack Binder
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 189122

Cape May County Association of REALTORS®

APN: 01-00042-06-00025

New Jersey Cape May County Avalon 08202

4508 4th Ave, Avalon, NJ

This home is located at 4508 4th Ave, Avalon, NJ 08202 since 17 August 2019 and is currently estimated at $7,424,676, approximately $2,992 per square foot. This property was built in 1975. 4508 4th Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

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.

Cape May County Association of REALTORS® 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