501 42nd St Avalon, NJ 08202
Estimated Value: $6,102,000 - $7,816,924
5
Beds
5
Baths
5,384
Sq Ft
$1,243/Sq Ft
Est. Value
About This Home
This home is located at 501 42nd St, Avalon, NJ 08202 and is currently estimated at $6,691,231, approximately $1,242 per square foot. 501 42nd St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 10, 2025
Sold by
Jpm Avalon Properties Lp
Bought by
Jpm Avalon Properties Lp
Current Estimated Value
Purchase Details
Closed on
Aug 23, 2024
Sold by
Irwin Robert F and Irwin Donna
Bought by
Jpm Avalon Properties Lp
Purchase Details
Closed on
Nov 26, 1996
Sold by
Damiri Joseph and Damiri Camille
Bought by
Irwin Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.82%
Purchase Details
Closed on
Feb 19, 1992
Sold by
Damiri Joseph A and Damiri Camille
Bought by
Damiri Joseph A and Damiri Camille
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jpm Avalon Properties Lp | -- | None Listed On Document | |
| Jpm Avalon Properties Lp | -- | None Listed On Document | |
| Jpm Avalon Properties Lp | $7,100,000 | None Listed On Document | |
| Jpm Avalon Properties Lp | $7,100,000 | None Listed On Document | |
| Irwin Robert F | $650,000 | -- | |
| Damiri Joseph A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Irwin Robert F | $400,000 |
Source: Public Records
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 | $21,277 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2024 | $21,277 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2023 | $21,104 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2022 | $19,683 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2021 | $18,955 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2020 | $18,227 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2019 | $17,673 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2018 | $16,911 | $3,465,300 | $2,000,000 | $1,465,300 |
| 2017 | $17,922 | $3,223,400 | $1,900,000 | $1,323,400 |
| 2016 | $17,729 | $3,223,400 | $1,900,000 | $1,323,400 |
| 2015 | $17,439 | $3,223,400 | $1,900,000 | $1,323,400 |
| 2014 | $17,245 | $3,223,400 | $1,900,000 | $1,323,400 |
Source: Public Records
Map
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