$4,875,000
SOLD JUL 27, 2025

4599 5th Ave Avalon, NJ 08202

4 Beds
2 Baths
1,856 Sq Ft
1.38 Acres

Recently Sold

$2,627 Per Sq Ft

19% Below List Price

95 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Central Air
  • Avalon Elementary School Rated A
  • Living Room
  • Dining Room

About This Home

As of July 2025

Rare opportunity to own a massive buildable lot in Avalon’s most prestigious neighborhood, The Fingers. This renowned section of Seven Mile Island is home to some of the area’s finest luxury properties, offering a prime location close to town and just a short distance from the beach. This property is situated on an impressive 60x250-foot lot, providing ample space to build a custom home of 5,000+ square feet. Located at 4599 Fifth Avenue on Yale Harbor, one of the most protected bayfront lagoons on the island, this lot combines privacy and safety. A portion of the property falls within an X flood zone, offering additional peace of mind as one of the highest and safest locations on the bay. The property is being sold as-is, and the seller makes no representations regarding its condition. Opportunities like this are incredibly rare—land in this part of Avalon seldom becomes available. In fact, it’s been nearly two years since a similar property has come to market. Don’t miss your chance to own a piece of the greatest shore town there is!

Last Agent to Sell the Property

Joseph Butler

A LEWIS PURDY REAL ESTATE INC License #0337270 Listed on: 01/21/2025

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,225

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 60x250
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a bay
  • Docks

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 63 / 42.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,225

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Seasonal: XXX
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Estimated Year Built: 1970
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 4599
  • Lot Size2: 60x250
  • Price per Sq Ft: 2626.62
  • Selling Agent1: 3502
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1856
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Construction: Two Story
  • Exterior: Wood
  • Frontage: 60
  • Outside Features: Dock, Cable TV, Sidewalks

Garage/Parking

  • Parking Garage: Garage, 1 Car

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 63
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 10225.41
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2011
Sold by
Rodgers Donna B
Bought by
Bailey Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,085
Interest Rate
4.88%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Stand Alone Refi Refinance Of Original Loan
Closed $217,085 New Conventional
Closed $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Sold $4,875,000 -14.4% $2,627 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
02/23/2025 02/23/25 Price Changed $5,695,000 -5.0% $3,068 / Sq Ft
01/21/2025 01/21/25 For Sale $5,995,000 -- $3,230 / 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 $10,311 $1,720,100 $1,700,000 $20,100
2024 $10,311 $1,720,100 $1,700,000 $20,100
2023 $10,225 $1,720,100 $1,700,000 $20,100
2022 $9,520 $1,720,100 $1,700,000 $20,100
2021 $8,840 $1,720,100 $1,700,000 $20,100
2020 $8,798 $1,720,100 $1,700,000 $20,100
2019 $8,523 $1,720,100 $1,700,000 $20,100
2018 $8,144 $1,720,100 $1,700,000 $20,100
2017 $9,259 $1,710,300 $1,600,000 $110,300
2016 $9,157 $1,710,300 $1,600,000 $110,300
2015 $9,003 $1,710,300 $1,600,000 $110,300
2014 $8,900 $1,710,300 $1,600,000 $110,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 250154

Cape May County Association of REALTORS®

APN: 01-00042-06-00063