Seller's Agent in 2025
Jack Yao
REALMART REALTY
(732) 727-2285
2 in this area
238 Total Sales
46 31st St W Avalon, NJ 08202
3
Beds
1
Bath
1,200
Sq Ft
1.15
Acres
Highlights
- Property is near a beach
- Building is beachfront but unit may not have water views
- Sun or Florida Room
- Avalon Elementary School Rated A
- Ranch Style House
- 1-minute walk to Avalon Parks & Recreation Department
About This Home
As of June 2025Prime beach block property located between Avalon Avenue and First Avenue. Steps away from the 32nd Street Beach path. This 50'x110' lot is 4 houses from the beach. Priced at land value while affording the option to enjoy personally or as a rental investment property. This is an excellent value as evidenced by the new construction offered for Five Million Dollars plus almost everywhere East of First Avenue There's nothing like this available in today’s market, so move quickly for this unique opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,424
Year Built
- Built in 1960
Lot Details
- Lot Dimensions are 50x110
- Building is beachfront but unit may not have water views
Parking
- Driveway
Home Design
- Ranch Style House
- Asbestos Siding
Interior Spaces
- 1,200 Sq Ft Home
- Wood Burning Fireplace
- Living Room
- Sun or Florida Room
- Screened Porch
- Crawl Space
Kitchen
- Eat-In Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Property is near a beach
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 10 / 31.02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
Jun 27, 2025
Sold by
Walsh Barbara A and Walsh Barbara Ann
Bought by
295 37Th Llc
Seller's Agent
Jack Yao
REALMART REALTY
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$3,395,000
Sold Price
$3,000,000
Premium/Discount to List
-$395,000
-11.63%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,204
Avg. Annual Appreciation
6.73%
Original Mortgage
$4,900,000
Outstanding Balance
$4,891,719
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,834,515
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $3,000,000 | Seaboard Title | |
| Bargain Sale Deed | $3,000,000 | Seaboard Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,900,000 | Credit Line Revolving | |
| Closed | $4,900,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $3,000,000 | -11.6% | $2,500 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $3,395,000 | -- | $2,829 / Sq Ft |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
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 | $7,424 | $1,209,200 | $1,200,000 | $9,200 |
| 2024 | $7,424 | $1,209,200 | $1,200,000 | $9,200 |
| 2023 | $7,364 | $1,209,200 | $1,200,000 | $9,200 |
| 2022 | $6,868 | $1,209,200 | $1,200,000 | $9,200 |
| 2021 | $6,614 | $1,209,200 | $1,200,000 | $9,200 |
| 2020 | $6,360 | $1,209,200 | $1,200,000 | $9,200 |
| 2019 | $6,167 | $1,209,200 | $1,200,000 | $9,200 |
| 2018 | $5,901 | $1,209,200 | $1,200,000 | $9,200 |
| 2017 | $5,091 | $915,600 | $900,000 | $15,600 |
| 2016 | $5,036 | $915,600 | $900,000 | $15,600 |
| 2015 | $4,953 | $915,600 | $900,000 | $15,600 |
| 2014 | $4,898 | $915,500 | $900,000 | $15,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Yao
-
Paul Sudell
P
Buyer's Agent in 2025
Paul Sudell
FERGUSON-DECHERT, INC
(609) 374-1326
71 in this area
111 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 251268
APN: 01-00031-02-00010
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.
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.
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