NOT LISTED FOR SALE

538 42nd St Avalon, NJ 08202

Estimated Value: $6,048,000 - $9,343,678

7 Beds
6 Baths
5,061 Sq Ft
$1,542/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $8,995,000 $1,777 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $45,096/month

1 Day on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Avalon Elementary School Rated A
  • Boat Slip
  • Deck

About This Home

As of April 2022

This home is located at 538 42nd St, Avalon, NJ 08202 since 12 February 2022 and is currently estimated at $7,803,226, approximately $1,541 per square foot. This property was built in 2011. 538 42nd St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

John A. (Jack) Binder

FERGUSON-DECHERT, INC Listed on: 02/12/2022

Last Buyer's Agent

Craig Soens

FERGUSON-DECHERT, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,952

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 59' x 155'
  • Property Fronts a Bay or Harbor
  • Fenced Yard

Home Design

  • Upside Down Style Home
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 5,061 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Storage

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 42 / 85

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,952

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Bulk Head
  • District Township: 01-Avalon Borough
  • Also Includes: Curtains, Blinds
  • Estimated Year Built: 2011
  • New Construction: No
  • Second Address Number: 538
  • Lot Size2: 59' x 155'
  • Price per Sq Ft: 1777.32
  • Selling Agent1: 195
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Storage, Walk in Closet, Fireplace- Wood, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Total Rooms: 15
  • Basement: Slab
  • Estimated Living Sq Ft: 5061
  • Other Rooms: Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Deck, Grill, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached, Stone Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 42
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 20951.74
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Dndm Investments Llc
Bought by
Dndm Investments Llc
Current Estimated Value
$7,803,226

Purchase Details

Closed on
Dec 30, 2010
Sold by
Avalon Waterfront Developers Llc
Bought by
Lanigan Dexter L and Lanigan Jaime A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
4.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 31, 2007
Sold by
Fry Barry W and Fry Brooke Alden M
Bought by
Avalon Waterfront Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
6.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 15, 1995
Sold by
Finch Reed C
Bought by
Fry Barry W and Fry Brook Alden M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.81%

Purchase Details

Closed on
Feb 6, 1991
Sold by
New Jersey Dep
Bought by
Finch Reed C and Finch Patricia A
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
Dndm Investments Llc -- None Listed On Document
Lanigan Dexter L $2,100,000 None Available
Avalon Waterfront Developers Llc $2,650,000 None Available
Fry Barry W $375,000 --
Finch Reed C $77,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanigan Dexter L $14,250,000
Previous Owner Lanigan Dexter L $2,605,000
Previous Owner Lanigan Dexter L $3,750,000
Previous Owner Lanigan Dexter L $2,000,000
Previous Owner Lanigan Dexter L $2,400,000
Previous Owner Lanigan Dexter L $2,250,000
Previous Owner Avalon Waterfront Developers Llc $2,350,000
Previous Owner Fry Barry W $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $8,995,000 0.0% $1,777 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $8,995,000 -- $1,777 / 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 $30,948 $5,040,400 $2,400,000 $2,640,400
2024 $30,948 $5,040,400 $2,400,000 $2,640,400
2023 $30,696 $5,040,400 $2,400,000 $2,640,400
2022 $28,629 $5,040,400 $2,400,000 $2,640,400
2021 $20,952 $3,830,300 $2,400,000 $1,430,300
2020 $20,147 $3,830,300 $2,400,000 $1,430,300
2019 $19,535 $3,830,300 $2,400,000 $1,430,300
2018 $18,692 $3,830,300 $2,400,000 $1,430,300
2017 $16,260 $2,924,400 $1,650,000 $1,274,400
2016 $16,084 $2,924,400 $1,650,000 $1,274,400
2015 $15,821 $2,924,400 $1,650,000 $1,274,400
2014 $15,646 $2,924,400 $1,650,000 $1,274,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220499

Cape May County Association of REALTORS®

APN: 01-00085-0000-00042