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    Property profile & analytics

    701 Avalon Blvd Avalon, NJ 08202-1814

    • Office buildings
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 06, 2021
    Location Intelligence
    Property ID
    US59-1333862
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 701 Avalon Blvd

    Year built
    1973
    Lot size
    0.98 lot acres
    Zone code
    CD
    Property type
    Office buildings
    APN
    06 00118- 03-00009
    APU
    6001180300009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avalon
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.7351
    Latitude
    39.1109
    CBSA code
    36140
    CBSA name
    OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,818
    $393,200
    $398,900
    $792,100
    -
    $393,200
    $398,900
    $792,100

    Comparable in this City

    • Value Estimation by Request
      7,350 SF

      3250 Dune Dr

      COMMERCIAL (GENERAL) • 7,350 SF
      3250 Dune Dr, Avalon, NJ 08202-1702
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    • Value Estimation by Request
      3,348 SF

      9 28th E St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,348 SF
      9 28th E St, Avalon, NJ 08202-1940
      View Details
    • Value Estimation
      $325,000
      1.77 Acres

      7888 Dune Dr

      COMMERCIAL (GENERAL) • 1.77 Acres
      7888 Dune Dr, Avalon, NJ 08202-1070
      View Details
    • Value Estimation
      $360,000
      1,932 SF

      2308 Dune Dr

      COMMERCIAL (GENERAL) • 1,932 SF
      2308 Dune Dr, Avalon, NJ 08202
      View Details
    • Value Estimation
      $5,815,000
      3,120 SF

      2108 Dune Dr

      COMMERCIAL (GENERAL) • 3,120 SF
      2108 Dune Dr, Avalon, NJ 08202-2082
      View Details
    • Value Estimation
      $340,000
      1,025 SF

      2513 Dune Dr

      COMMERCIAL (GENERAL) • 1,025 SF
      2513 Dune Dr, Avalon, NJ 08202-1902
      View Details

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    701 Avalon Blvd
    Avalon, NJ 08202-1814
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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