NOT LISTED FOR SALE

503 42nd St Avalon, NJ 08202

Estimated Value: $5,794,000 - $6,745,202

-- Bed
-- Bath
5,164 Sq Ft
$1,193/Sq Ft Est. Value

About This Home

This home is located at 503 42nd St, Avalon, NJ 08202 and is currently estimated at $6,162,067, approximately $1,193 per square foot. 503 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
May 30, 2008
Sold by
Zephyr Enterprises Llc
Bought by
Mccolgan Michael J and Mccolgan Angela T
Current Estimated Value
$6,162,067

Purchase Details

Closed on
Oct 20, 2005
Sold by
Leonard Vincent and Leonard Lorraine
Bought by
Zephyr Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 1991
Sold by
Nj Dep
Bought by
Leonard Vincent and Leonard Lorraine
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Mccolgan Michael J $2,425,000 None Available
Zephyr Enterprises Llc $2,495,000 Seaboard Title Agency
Leonard Vincent $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccolgan Michael J $400,000
Closed Mccolgan Michael J $500,000
Closed Mccolgan Michael J $417,000
Open Mccolgan Michael J $1,000,000
Previous Owner Zephyr Enterprises Llc $2,000,000
Source: Public Records

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 $21,304 $3,469,700 $2,000,000 $1,469,700
2023 $21,130 $3,469,700 $2,000,000 $1,469,700
2022 $19,708 $3,469,700 $2,000,000 $1,469,700
2021 $18,979 $3,469,700 $2,000,000 $1,469,700
2020 $18,251 $3,469,700 $2,000,000 $1,469,700
2019 $17,695 $3,469,700 $2,000,000 $1,469,700
2018 $16,932 $3,469,700 $2,000,000 $1,469,700
2017 $17,926 $3,224,100 $1,900,000 $1,324,100
2016 $17,733 $3,224,100 $1,900,000 $1,324,100
2015 $17,442 $3,224,100 $1,900,000 $1,324,100
2014 $17,249 $3,224,100 $1,900,000 $1,324,100
Source: Public Records

Map

New Jersey Cape May County Avalon 08202

503 42nd St, Avalon, NJ

This home is located at 503 42nd St, Avalon, NJ 08202 and is currently estimated at $6,162,067, approximately $1,193 per square foot. 503 42nd St 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.

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