120 40th St, Avalon, NJ 08202 Property Records

Cape May County and Avalon Borough property record for 120 40th St, Avalon, NJ 08202

Property Summary

Property Type	Single Family Home
Details	2,900 sqft · built 2025
Lot Size	0.253 acres (10,999 sqft)
Owner	2 Individual Names on File
Last Sale	$5,600,000 (Dec 2022)
Tax Bill	$20,262 (2024)
Deeds & Mortgages	Nov 2022 Sale & Mortgage Sep 2019 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`01-00040-03-00026-01`

Property Details

APN / Parcel Number

Primary APN	`01-00040-03-00026-01`
Alternative APN	`01000400003000260001`

Interior

Stories	2 Stories
Building Area	2,900 sqft Living Area

Exterior

Year Built	Built 2025
Effective Year Built	Effective 2025
Construction Type	Frame
Lot Area	10,999 sqft (0.253 acres)
Lot Dimensions	110 ft deep x 100 ft wide

Location & Zoning

Street Address	120 40TH ST
City	AVALON
State	NJ
Zip	08202-1465
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-1A
Legal Description	ADDITIONAL LOTS: 26.02-03,28.01-03
Legal Block	40.3
Legal Lot Number	26.1
Jurisdiction	CAPE MAY NJ
Township / Civil Division	AVALON
Census Block Group	3
Census Block	3043
Census Tract	20902

Owner

120 40th St is owned by two individuals who bought it in December 2022.

Source: Cape May County and Avalon Borough records, as of June 29, 2026

Owner of Record	2 Individual Names on File
Mailing Address	4804 DRUMMOND AVE, CHEVY CHASE, MD 20815-5429
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 21, 2022	Deed, Transfer · Stand-Alone First Mortgage CITIBANK NA
Sep 12, 2019	Deed of Trust, Mortgage CROSSCOUNTRY MTG

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 21, 2022 · Amount on File
Deed Sale	Dec 21, 2022 · Amount on File
Prior Sale	Nov 21, 2022 · Amount on File
Deed Document Number	202236911
Deed Book / Page	4093 / 138
Prior Transfer Date	Mar 27, 2006
Prior Transfer Doc	0032240225
Record Updated	Oct 29, 2026

November 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	CAPE MAY NJ
Recording Date	Nov 21, 2022
Property Address	120 40TH ST, AVALON, NJ 08202-1465
Document Number	0000034455
Book / Page	D4088 / 770
Instrument Date	Nov 17, 2022
Instrument	2022034455
Transaction Type	Transfer
Record Updated	Apr 22, 2024

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4804 DRUMMOND AVE, CHEVY CHASE, MD 20815-5429

Mortgage

Document Number	0000034456
Date	Nov 21, 2022
Instrument	2022034456

Lender

Name	CITIBANK NA
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CAPE MAY NJ
Property Address	120 40TH ST, AVALON, NJ 08202-1465
Document Number	0061010389
Instrument Date	Sep 12, 2019
Transaction Type	Mortgage
Record Updated	Oct 14, 2019
Title Company	EDGE ABSTRACT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	120 40TH ST AVALON NJ 082021465, AVALON, NJ 08202-1465

Mortgage

Document Number	0061010389
Date	Sep 17, 2019
Book Page	006101/000389
Instrument	106777

Lender

Name	CROSSCOUNTRY MTG
Type	Mortgage Company
Address	6850 MILLER RD, BRECKSVILLE, OH 44141-3222

Agreement

Amount	Amount on Record
Term	360 Months
Due	Sep 16, 2049

Interest

Rate Type	Adjustable Rate
Rate	3.37%

Tax Assessment & Valuation

Source: Cape May County and Avalon Borough assessment roll, as of June 29, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Cape May County
Municipality	Avalon Borough
Unified School District	Avalon Borough School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$5,626,300 (+70.49%) Land $3,300,000 Building $2,326,300	$5,626,300 (+70.49%) Land $3,300,000 Building $2,326,300
2025		$3,300,000 Land $3,300,000	$3,300,000 Land $3,300,000
2024	$20,262.00
2023		$4,239,000 Land $3,300,000 Building $939,000	$4,239,000 Land $3,300,000 Building $939,000
2022	$20,670.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 120 40th St in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective October 4, 2017 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 981 individual policies
Community Rating System	Class 3 (35% premium discount)
Nearby Flood Policies	1,603 units insured incl. 622 condo units
Nearby Flood Claims	547 (1979–2024)
Claims Outside the SFHA	15 of 547
Most Recent Claim	Nov 2024
Claims by Event	Hurricane Sandy, Nov 2012 · 245 claims Coastal Storm, High Tides, Heavy Rain, & Flooding, Dec 1992 · 35 claims Coastal Storms & Flooding, Mar 1984 · 38 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 120 40th St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	AVALON WATER AND SEWERAGE UTILITIES serves 39,839 people · EPA ID NJ0501001
Water Source	Groundwater
Last State Inspection	Aug 2024
Lead	1 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 562 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless · Fiber in parts of the area	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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