NOT LISTED FOR SALE

54 23rd St W Avalon, NJ 08202

Estimated Value: $3,630,000 - $5,531,000

6 Beds
6 Baths
-- Sq Ft
1.15 Acres

Last Sold November 03, 2023

Last sale price $4,600,000

Est. 4% increase in value since last sale

Current estimated payment $26,777/month

Highlights

  • New Construction
  • In Ground Pool
  • Deck
  • Avalon Elementary School Rated A
  • Property near a bay
  • Cathedral Ceiling

About This Home

As of November 2023

This home is located at 54 23rd St W, Avalon, NJ 08202 since 25 October 2022 and is currently estimated at $4,778,912. This property was built in 2023. 54 23rd St W is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

James Carney

FERGUSON-DECHERT, INC Listed on: 10/25/2022

Last Buyer's Agent

Craig Worton

COMPASS RE - Avalon Dune License #0121699

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 50'x110'
  • Interior Lot

Parking

  • Garage

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property near a bay
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 12.01,12 / 23.02

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 01-Avalon Borough
  • Estimated Year Built: 2023
  • Bay Proximity: 2 Blocks
  • New Construction: Yes
  • Lot Size2: 50'x110'
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator
  • Interior Amenities: Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Storage, Walk in Closet
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 10
  • Other Rooms: Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Cable TV, Sidewalks, Outside Shower, In Ground Pool

Garage/Parking

  • Parking Garage: Garage

Utilities

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

Lot Info

  • Lot Number: 12.01,12
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 9999999
  • Tax Year: Tax TBD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 3, 2023
Sold by
Welsh Thomas J
Bought by
Towne Andrew Fischer and Towne Shawn Marie
Seller's Agent
James Carney
FERGUSON-DECHERT, INC
Buyer's Agent
Craig Worton
COMPASS RE - Avalon Dune
List Price
$4,995,000
Sold Price
$4,600,000
Premium/Discount to List
-$395,000
-7.91%
Views
10
Current Estimated Value
$4,778,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,912
Avg. Annual Appreciation
1.86%
Original Mortgage
$2,990,000
Outstanding Balance
$2,940,285
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$1,838,627

Purchase Details

Listed on
Apr 8, 2022
Closed on
Sep 9, 2022
Sold by
Koehler Virginia G
Bought by
Welsh Thomas J
Seller's Agent
Nicholas Screnci
SEA ISLE REALTY
Buyer's Agent
James Carney
FERGUSON-DECHERT, INC
List Price
$3,795,000
Sold Price
$2,650,000
Premium/Discount to List
-$1,145,000
-30.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.54%

Purchase Details

Closed on
Jul 5, 1986
Bought by
Koehler Philip J and Koehler Virginia G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Towne Andrew Fischer $4,600,000 None Listed On Document
Welsh Thomas J $2,650,000 Seaboard Title
Welsh Thomas J $2,650,000 Seaboard Title
Koehler Philip J $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Towne Andrew Fischer $2,990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2023 11/03/23 Sold $4,600,000 -7.9% --
10/25/2022 10/25/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $4,995,000 +88.5% --
09/09/2022 09/09/22 Sold $2,650,000 -17.1% $1,199 / Sq Ft View Prior Sale
07/09/2022 07/09/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $3,195,000 -15.8% $1,446 / Sq Ft
04/08/2022 04/08/22 For Sale $3,795,000 -- $1,717 / 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 $18,465 $3,007,300 $1,200,000 $1,807,300
2024 $18,465 $3,007,300 $1,200,000 $1,807,300
2023 $9,180 $1,507,400 $1,200,000 $307,400
2022 $8,562 $1,507,400 $1,200,000 $307,400
2021 $8,218 $1,507,400 $1,200,000 $307,400
2020 $7,929 $1,507,400 $1,200,000 $307,400
2019 $7,688 $1,507,400 $1,200,000 $307,400
2018 $7,356 $1,507,400 $1,200,000 $307,400
2017 $6,571 $1,181,900 $900,000 $281,900
2016 $6,500 $1,181,900 $900,000 $281,900
2015 $6,394 $1,181,900 $900,000 $281,900
2014 $6,323 $1,181,900 $900,000 $281,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223341

Cape May County Association of REALTORS®

APN: 01 00023- 02-00012- 01