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295 48th St, Avalon, NJ 08202

$2,482,000

Last sold 06/19/2020 for $1.4M

2
bed
1
bath

House not for sale

About 295 48th St

Property type House

Neighborhood

HOA fee $0

Lot size 0.25 Acre

Movoto estimate

Property description

This Single family summer home can be used while you wait to build your dream home/compound, previously rented for the season for $16,000. This unique 100x110 lot size will provide for an oversized foot print for new a home/compound easily allowing for 7000+ square foot of new home plus decks, pool and outbuildings. The maximum footprint of the new construction would be 2790, less if you were to add any outbuildings. Generous entertaining spaces inside and out allow for unique features otherwise not found in Avalon. The dune entrance to the beach is a short walk away leading you to amazing spacious beaches. The potential for wonderful Bay views will be captured from the new home built on this special spot, as you see the boats go by and the tranquil peaceful bay and nature. This location is 9th from the beach in the very prestigious high dunes area there is a beach path on 48th Street with an idyllic walk through the ecologically protected dunes to a spacious, pristine and very quiet beach. Park your boat on the property and a public boat ramp is 5 blocks away for back water fishing, boating activities. No costly boat slip fees!

Listed by

Listing Agent - Kimberly Ritchie-Leo

Listing Office - DILLER FISHER REALTORS

Source: Cape May County MLS

MLS#183592 • last updated 3 years ago

Movoto checked Cape May County MLS for data 8 minutes ago

Overview
Cooling/AC	Window Air Conditioning
Status	SOLD COOP BY MEMBER
MLS #	183592
Type	RESIDENTIAL
SubType	Single Family
Property Tax	4963
New Construction?	No
Foreclosure?	No
Listing Agent	Kimberly, Ritchie-Leo

Interior
# Full Baths	1
Total # of Rooms	4

Amenities / Utilities
Water	City
Hot Water	Electric
Sewer/ Septic	City

Location
Area	Avalon
Location	Island
Township	01-Avalon Borough

$2.48M

Range: $2.23M-$2.73M

Last 30 days

Lower your payment with the loan terms that fit you.

Jul 2020
Public Records
Jul 8, 2020 Sold
$1,400,000
Jun 2020
MLS # 183592
Jun 27, 2020 Sold Coop By Member
$1,400,000 (-17.4%)
May 18, 2020 Under Contract
—
Feb 3, 2020 Price Change
$1,695,000 (-5.6%)
Aug 16, 2019 Price Change
$1,795,000 (-3.0%)
Apr 8, 2019 Price Change
$1,850,000 (-2.6%)
Nov 11, 2018 Price Change
$1,899,000 (-9.6%)
Aug 23, 2018 Listed
$2,100,000
Aug 2018
MLS # 183593
Aug 23, 2018 Listed
$2,100,000

Year Property taxes Tax assessment
2023
$6,835 +7.2%

$1,116,600 -0.51%
2022
$6,375 +4.0%

$1,122,300
2021
$6,129 +7.1%

$1,122,300
2019
$5,724 +4.5%

$1,122,300
2018
$5,477 +10.3%

$1,122,300
2017
$4,963 +1.1%

$1,122,300 +25.72%
2016
$4,910 +1.7%

$892,700
2015
$4,828 +1.1%

$892,700
2014
$4,775

—

295 48th St
$1.4M
South Central Avalon
$6.99M -12% y/y
08202
$3.69M +5% y/y
Avalon
$3.19M -7% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
285 48th St, Avalon, NJ 08202	$3,229,000	4/3	2,398	0.01
294 48th St, Avalon, NJ 08202	$3,576,000	4/3	1,942	0.02
4749 Ocean Dr, Avalon, NJ 08202	$3,657,000	4/3	2,524	0.02
273 48th St, Avalon, NJ 08202	$4,061,000	—/—	3,220	0.03
274 48th St, Avalon, NJ 08202	$6,254,000	4/2	7,470	0.03
4849 Ocean Dr, Avalon, NJ 08202	$2,848,000	—/—	1,072	0.03
4739 Ocean Dr, Avalon, NJ 08202	$3,727,000	4/3	2,696	0.03
4788 Ocean Dr, Avalon, NJ 08202	$7,541,000	—/—	6,446	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.