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120 40th St; Avalon, NJ Property Details

120 40th St, Avalon, NJ is a Single Family that was built in 2025. This property is currently a cash purchase and is not for sale. Our records show that 120 40th St has 4 bedrooms, and 3 bathrooms, and a total of 2,900 square feet. The lot size of 120 40th St is 10,999 square feet.

Off market
120 40th St Avalon, NJ 08202
$5,600,000 Listing Price
4 Beds
3 Baths
2,900 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2025
  • Purchase Price: $5,600,000
  • Open Loans / Balance: 1 / $4,813,956
  • Est. Equity / %: $2,594,044 / 35.02%
  • APN: 01-00040-03-00026-01
  • Situs County: Cape May
  • Length Of Ownership: 3 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 2.5

Measurements

  • Total: 2,900/SqFt
  • Lot: 10,999/SqFt
  • Living: 2,900/SqFt
  • Building: 2,900/SqFt
  • Price Per Square Foot: $1931.03

Legal Description

  • Description: ADDITIONAL LOTS: 26.02-03,28.01-03
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Avalon Borough School District
  • Lat / Lon: 39.08853 / -74.72707
  • Property Class: Residential
  • Zoning: R-1A
  • County Use Code: 2

Amenities

  • Plus Four: 1465
  • Garage: Garage
  • Parking: 3

Ownership Info

120 40th St has no associated ownership info
120 40th St has no associated ownership info.

Taxes

120 40th St has 10 associated Taxes items

120 40th St, Avalon, NJ pays taxes in Cape May County, NJ. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $5,626,300. The APN we've located for 120 40th St is 01-00040-03-00026-01.

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Taxes
  • Assessed Value:  $5,626,300
  • Assessed Year:  2026
  • Assessed County:  Cape May
  • APN:  01-00040-03-00026-01
  • Assessed Land Value:  3300000
  • Market Land Value:  3300000
  • Tax Amount:  20262
  • Tax Year:  2024
  • Market Value:  5626300
  • Market Year:  2026

Tax History

120 40th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $5,626,300 Land Value $3,300,000 Improvement Value $2,326,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $3,300,000 Land Value $3,300,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $20,262 Change Rate -0.215123% Assessed CR Tax Rate
Year 2023 Assessed Value $4,239,000 Land Value $3,300,000 Improvement Value $939,000 Tax Amount $25,815.51 Change Rate +0.248896% Assessed CR Tax Rate +0.00609%
Year 2022 Assessed Value $3,639,200 Land Value $3,300,000 Improvement Value $339,200 Tax Amount $20,670.66 Change Rate +0.038392% Assessed CR Tax Rate +0.00568%
Year 2021 Assessed Value $3,639,200 Land Value $3,300,000 Improvement Value $339,200 Tax Amount $19,906.42 Change Rate Assessed CR Tax Rate +0.00547%
Year 2020 Assessed Value $3,639,200 Land Value $3,300,000 Improvement Value $339,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $3,639,200 Land Value $3,300,000 Improvement Value $339,200 Tax Amount $17,170.58 Change Rate +0.092067% Assessed CR Tax Rate +0.004718%
Year 2018 Assessed Value $3,639,200 Land Value $3,300,000 Improvement Value $339,200 Tax Amount $15,723.01 Change Rate +0.002709% Assessed CR Tax Rate +0.00432%
Year 2017 Assessed Value $2,831,700 Land Value $2,500,000 Improvement Value $331,700 Tax Amount $15,680.53 Change Rate +0.006818% Assessed CR Tax Rate +0.005537%
Year 2016 Assessed Value $2,831,700 Land Value $2,500,000 Improvement Value $331,700 Tax Amount $15,574.35 Change Rate +0.016636% Assessed CR Tax Rate +0.0055%
Year 2015 Assessed Value $2,831,700 Land Value $2,500,000 Improvement Value $331,700 Tax Amount $15,319.5 Change Rate +0.011215% Assessed CR Tax Rate +0.00541%
Year 2014 Assessed Value $2,831,700 Land Value $2,500,000 Improvement Value $331,700 Tax Amount $15,149.6 Change Rate +0.017111% Assessed CR Tax Rate +0.00535%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $14,894.74 Change Rate Assessed CR Tax Rate