NOT LISTED FOR SALE

4598 4th Ave Avalon, NJ 08202

Estimated Value: $4,715,000 - $7,243,298

1.38 Acres
$4,639,004 Price per Acre
60,113 Sq Ft Lot

Last Sold February 10, 2017

Last sale price $1,795,000 $580 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $36,633/month

85 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Avalon Elementary School Rated A
  • Boat Slip

About This Lot

As of February 2017

This home is located at 4598 4th Ave, Avalon, NJ 08202 since 18 July 2016 and is currently estimated at $6,401,825, approximately $2,067 per square foot. 4598 4th Ave is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Robert J. Scully Jr

FERGUSON-DECHERT, INC Listed on: 07/18/2016

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,540

Lot Details

  • Lot Dimensions are 60 x 250
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Property is zoned R-1B

Additional Features

  • Water Views
  • Boat Slip

Listing and Financial Details

  • Legal Lot and Block 24 / 42.06

Property Details

Property Type

Land

Est. Annual Taxes

$10,540

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Bay Front, Cleared Lot, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Second Address Number: 4598
  • Lot Size2: 60 X 250
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 24
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1916400
  • Zoning: R-1B
  • Improvements: Paved Road, Sidewalk, Boat Slip
  • Specific Lot Information: Cafra Required
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 10540.2
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2018
Sold by
Dougherty Eileen
Bought by
Dougherty Eileen
Current Estimated Value
$6,307,265

Purchase Details

Listed on
Jul 18, 2016
Closed on
Feb 10, 2017
Sold by
Voelim Arlene N
Bought by
Dougherty Michael R
Seller's Agent
Robert J. Scully Jr
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$1,900,000
Sold Price
$1,795,000
Premium/Discount to List
-$105,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Mar 30, 2016
Sold by
Voellm Lisa K and Hand Paul J
Bought by
Voellm Herman C and Voellm Arlene N

Purchase Details

Closed on
Jun 30, 1997
Sold by
Voellm Herman
Bought by
Hand Paul J and Voellm Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.81%
Source: Public Records

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
Dougherty Eileen -- --
Dougherty Michael R $1,795,000 None Available
Voellm Herman C $1,500,000 None Available
Hand Paul J $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hand Paul J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $1,795,000 -5.5% $580 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
07/18/2016 07/18/16 For Sale $1,900,000 -- $614 / 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 $25,191 $4,102,800 $1,700,000 $2,402,800
2024 $25,191 $4,102,800 $1,700,000 $2,402,800
2023 $25,071 $4,116,700 $1,700,000 $2,416,700
2022 $23,383 $4,116,700 $1,700,000 $2,416,700
2021 $22,518 $4,116,700 $1,700,000 $2,416,700
2020 $21,654 $4,116,700 $1,700,000 $2,416,700
2019 $8,681 $1,702,200 $1,700,000 $2,200
2018 $8,307 $1,702,200 $1,700,000 $2,200
2017 $8,896 $1,600,000 $1,600,000 $0
2016 $10,540 $1,916,400 $1,600,000 $316,400
2015 $10,368 $1,916,400 $1,600,000 $316,400
2014 $10,253 $1,916,400 $1,600,000 $316,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171363

Cape May County Association of REALTORS®

APN: 01-00042-06-00024