NOT LISTED FOR SALE

86 23rd St E Avalon, NJ 08202

Estimated Value: $6,036,000 - $8,842,000

6 Beds
6 Baths
4,831 Sq Ft
$1,468/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $9,495,000 $1,965 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $41,968/month

1 Day on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Island Location
  • Wood Flooring

About This Home

As of October 2023

This home is located at 86 23rd St E, Avalon, NJ 08202 since 04 September 2023 and is currently estimated at $7,093,858, approximately $1,468 per square foot. This property was built in 2020. 86 23rd St E 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: 09/04/2023

Last Buyer's Agent

Joseph Butler

A LEWIS PURDY REAL ESTATE INC License #0337270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,635

Year Built

  • Built in 2020

Lot Details

  • Beach Front
  • Fenced Yard
  • Sprinkler System

Home Design

  • Upside Down Style Home
  • Wood Siding

Interior Spaces

  • 4,831 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Parking Pad

Pool

  • In Ground Pool
  • Outdoor Shower

Utilities

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

Additional Features

  • Outdoor Storage
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 19 / 23.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,635

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Island
  • District Township: 01-Avalon Borough
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 2020
  • New Construction: No
  • Second Address Number: 86
  • Lot Size2: 58' x 110+
  • Price per Sq Ft: 1965.43
  • Selling Agent1: 1370
  • Selling Office1: 3
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, 1778
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Smoke/Fire Alarm, Walk in Closet, Tile Flooring
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 16
  • Estimated Living Sq Ft: 4831
  • Other Rooms: Living Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Wood
  • Outside Features: Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Parking Pad, 4 car parking

Utilities

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

Lot Info

  • Lot Number: 19
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 37635.11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Oct 6, 2023
Sold by
Mcglinn Terrence J and Mcglinn Kristin M
Bought by
Black Jeffrey and Black Melinda
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Joseph Butler
A LEWIS PURDY REAL ESTATE INC
List Price
$9,495,000
Sold Price
$9,495,000
Current Estimated Value
$7,093,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,401,142
Avg. Annual Appreciation
-14.29%

Purchase Details

Listed on
Jun 14, 2019
Closed on
Oct 2, 2020
Sold by
Main Line Investments Llc
Bought by
Mcglinn Terrance J and Emky-Mcglin Kristin M
Seller's Agent
Roger Soens
COMPASS RE - AV Dune
Buyer's Agent
Jack Binder
FERGUSON-DECHERT, INC
List Price
$6,495,000
Sold Price
$7,100,000
Premium/Discount to List
$605,000
9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Listed on
Sep 11, 2017
Closed on
Jan 3, 2018
Sold by
Barry R & M A Grass Lt
Bought by
Main Line Investment Llc
Seller's Agent
Mark Marroletti
LONG & FOSTER REAL ESTATE, INC av
Buyer's Agent
Mark Marroletti
LONG & FOSTER REAL ESTATE, INC av
List Price
$3,995,000
Sold Price
$3,700,000
Premium/Discount to List
-$295,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.08%

Purchase Details

Closed on
Apr 11, 2017
Sold by
Grass Barry R and Grass Margaret A
Bought by
Grass Barry R and Grass Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 1997
Sold by
Helinek Frank J
Bought by
Grass Barry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Black Jeffrey $9,495,000 Seaboard Title
Mcglinn Terrance J $7,100,000 None Available
Main Line Investment Llc $3,700,000 --
Grass Barry R -- None Available
Grass Barry R $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grass Barry R $500,000
Previous Owner Grass Barry R $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $9,495,000 0.0% $1,965 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $9,495,000 +33.7% $1,965 / Sq Ft
10/02/2020 10/02/20 Sold $7,100,000 +9.3% $1,470 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
06/14/2019 06/14/19 For Sale $6,495,000 +75.5% $1,344 / Sq Ft
01/12/2018 01/12/18 Sold $3,700,000 -7.4% $1,779 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $3,995,000 -- $1,921 / 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 $40,683 $6,625,900 $3,931,800 $2,694,100
2024 $40,683 $6,625,900 $3,931,800 $2,694,100
2023 $40,352 $6,625,900 $3,931,800 $2,694,100
2022 $37,635 $6,625,900 $3,931,800 $2,694,100
2021 $36,244 $6,625,900 $3,931,800 $2,694,100
2020 $20,681 $3,931,800 $3,931,800 $0
2019 $20,052 $3,931,800 $3,931,800 $0
2018 $19,918 $4,081,500 $3,931,800 $149,700
2017 $16,460 $2,960,400 $2,792,300 $168,100
2016 $16,282 $2,960,400 $2,792,300 $168,100
2015 $16,016 $2,960,400 $2,792,300 $168,100
2014 $15,838 $2,960,400 $2,792,300 $168,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 232691

Cape May County Association of REALTORS®

APN: 01-00023-01-00019