NOT LISTED FOR SALE

549 42nd St Avalon, NJ 08202

Estimated Value: $6,857,000 - $8,038,443

5 Beds
4 Baths
4,600 Sq Ft
$1,580/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2021

Last sale price $5,750,000 $1,250 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $40,450 / mo

9 Days 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 2021

This home is located at 549 42nd St, Avalon, NJ 08202 since 03 September 2020 and is currently estimated at $7,267,148, approximately $1,579 per square foot. This property was built in 2016. 549 42nd St is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 09/03/2020

Last Buyer's Agent

Jack Binder

FERGUSON-DECHERT, INC Listed on: 09/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,143

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 59' x 155'
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Sprinkler System
  • Property is zoned R-1B

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 4,600 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Boat Slip
  • Docks
  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 42 / 89

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,143

Year Built

Built in 2016

Lot Details

1.36 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Bayfront
  • Also Includes: Furniture
  • Estimated Year Built: 2016
  • New Construction: No
  • Lot Size2: 59' x 155'
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Walk in Closet, Wall to Wall Carpet, Marble Flooring, Tile Flooring
  • Total Bathrooms: 4.2
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 13
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4600
  • Other Rooms: Dining Room, Kitchen, Recreation/Family, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Fenced Yard, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Boat Slips, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 42
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-1B

Tax Info

  • Taxes: 19143.09
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Neeson Richard and Neeson Christine
Bought by
Richard Neeson Revocable Agreement Of Trust
Current Estimated Value
$7,267,148

Purchase Details

Closed on
Jan 21, 2022
Sold by
Neeson and Christine
Bought by
Neeson Richard and Neeson Christine

Purchase Details

Listed on
Sep 3, 2020
Closed on
Apr 23, 2021
Sold by
Deem Thomas E and Deem Lisa P
Bought by
Neeson Richard and Neeson Christine
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$5,995,000
Sold Price
$5,750,000
Premium/Discount to List
-$245,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Dec 18, 2020
Sold by
Deem Thomas E and Deem Lisa P
Bought by
Deem Thomas E and Deem Lisa P

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 14, 2016
Sold by
Hill Andrew and Hill Loretta
Bought by
Deem Thomas E and Deem Lisa P
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$4,595,000
Sold Price
$4,500,000
Premium/Discount to List
-$95,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
May 20, 2015
Sold by
Bosso Andrea K and Terry Karen K
Bought by
Hill Andrew and Hill Lorretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,880,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2008
Sold by
Karvounis Daniel H
Bought by
Bosso Andrea and Terry Karen

Purchase Details

Closed on
Nov 21, 2007
Sold by
Karvounis Daniel H
Bought by
Bosso Andrea and Terry Karen

Purchase Details

Closed on
Apr 25, 2005
Sold by
Karvounis Daniel H
Bought by
Bosso Andrea and Terry Karen

Purchase Details

Closed on
Apr 19, 2004
Sold by
Karvounis Daniel H
Bought by
Bosso Andrea and Terry Karen
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
Richard Neeson Revocable Agreement Of Trust -- None Listed On Document
Neeson Richard -- Seaboard Title
Neeson Richard $5,750,000 Seaboard Title
Deem Thomas E -- None Available
Deem Thomas E -- Seaboard Title
Neeson Richard $5,750,000 None Available
Deem Thomas E $4,500,000 None Available
Hill Andrew $1,400,000 Seaboard Title Agency
Bosso Andrea -- None Available
Bosso Andrea -- None Available
Bosso Andrea -- --
Bosso Andrea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Andrew $1,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $5,750,000 -4.1% $1,250 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $5,995,000 +33.2% $1,303 / Sq Ft
06/17/2016 06/17/16 Sold $4,500,000 -2.1% $978 / Sq Ft View Prior Sale
05/18/2016 05/18/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $4,595,000 -- $999 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $23,051 $3,754,300 $2,000,000 $1,754,300
2024 $23,051 $3,754,300 $2,000,000 $1,754,300
2023 $22,860 $3,753,700 $2,000,000 $1,753,700
2022 $21,321 $3,753,700 $2,000,000 $1,753,700
2021 $20,532 $3,753,700 $2,000,000 $1,753,700
2020 $19,744 $3,753,700 $2,000,000 $1,753,700
2019 $19,144 $3,753,700 $2,000,000 $1,753,700
2018 $18,318 $3,753,700 $2,000,000 $1,753,700
2017 $18,715 $3,366,000 $1,900,000 $1,466,000
2016 $10,457 $1,901,300 $1,900,000 $1,300
2015 $11,243 $2,078,200 $1,900,000 $178,200
2014 -- $2,078,200 $1,900,000 $178,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 203294

Cape May County Association of REALTORS®

APN: 01-00089-0000-00042

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