$4,500,000
SOLD JUN 15, 2026
1.49 Acres
$3,020,134 Price per Acre
64,904 Sq Ft Lot

Sale Details

Date Sold: June 15, 2026

$1,572 Per Sq Ft

6% Below List Price

92 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Avalon Elementary School Rated A

About This Lot

As of June 2026

Situated just 3 homes removed from the beach path on one of Avalon’s most sought-after beach blocks, this cleared parcel offers a prime opportunity for redevelopment. With the rising demand for new construction on the island, this 65 Ft. X 110 Ft. lot stands out as one of the few remaining oversized parcels on the Southeast corner of 62nd Street. The lot’s generous dimensions allow for up to 5,005 Sq. Ft. of conditioned living space, offering 385 more square feet than most beach block parcels, making it ideal for those looking to build a large, custom, dream home. The potential for ocean views and a sunlit backyard, thanks to the Southeast exposure, adds significant value. Additionally, underground utilities and a low dune line enhance the uninterrupted views and overall appeal of the location. The beach is well-protected and is consistently wider than most beaches in Avalon year-round. With underground utilities, low dune lines, and close proximity to an incredible beach, this is an opportunity not to be missed.

Last Agent to Sell the Property

Paul Sudell

FERGUSON-DECHERT, INC Listed on: 01/14/2026

Last Buyer's Agent

Paul Sudell

FERGUSON-DECHERT, INC Listed on: 01/14/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,360

Property Views

  • Water Views

Lot Details

  • Lot Dimensions are 65x110
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Cleared Lot
  • Property is zoned R-1B

Listing and Financial Details

  • Legal Lot and Block 11 / 62.03

Property Details

Property Type

Land

Est. Annual Taxes

$14,360

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Beach Block, Corner, Water View
  • District Township: 01-Avalon Borough
  • Lot Size2: 65X110
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 11
  • Lot Size: 6000 to 10000 SqFt
  • Zoning: R-1B
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 14360
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2026
Closed on
May 27, 2026
Sold by
Bought by
Seller's Agent
Paul Sudell
FERGUSON-DECHERT, INC
Buyer's Agent
Paul Sudell
FERGUSON-DECHERT, INC
List Price
$4,795,000
Sold Price
$4,500,000
Premium/Discount to List
-$295,000
-6.15%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.21%

Purchase Details

Closed on
Feb 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Listed On Document
Executors Deed -- None Listed On Document
Deed $850,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2026 06/15/26 Sold $4,500,000 -6.2% $1,572 / Sq Ft
04/16/2026 04/16/26 Pending -- -- --
01/14/2026 01/14/26 For Sale $4,795,000 -- $1,675 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,360 $1,818,800 $1,818,800
2025 $14,360 $2,338,700 $1,818,800 $519,900
2024 $14,360 $2,338,700 $1,818,800 $519,900
2023 $14,243 $2,338,700 $1,818,800 $519,900
2022 $13,284 $2,338,700 $1,818,800 $519,900
2021 $12,793 $2,338,700 $1,818,800 $519,900
2020 $12,302 $2,338,700 $1,818,800 $519,900
2019 $11,927 $2,338,700 $1,818,800 $519,900
2018 $11,413 $2,338,700 $1,818,800 $519,900
2017 $11,578 $2,082,400 $1,584,400 $498,000
2016 $11,453 $2,082,400 $1,584,400 $498,000
2015 $11,266 $2,082,400 $1,584,400 $498,000
2014 $11,141 $2,082,400 $1,584,400 $498,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 260077

Cape May County Association of REALTORS®

APN: 01-00062-03-00011

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