NOT LISTED FOR SALE

101 S Lafayette St Unit 2 Cape May, NJ 08204

Estimated Value: $653,000 - $793,000

2 Beds
1 Bath
714 Sq Ft
$339/mo HOA Fee

Last Sold April 19, 2022

Last sale price $582,000 $815 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,484/month

Highlights

  • Water Views
  • Corner Lot
  • Eat-In Kitchen
  • Property is near a beach
  • Furnished
  • 4-minute walk to Cape May Rotary Park

About This Home

As of April 2022

This home is located at 101 S Lafayette St Unit 2, Cape May, NJ 08204 since 13 March 2022 and is currently estimated at $730,634, approximately $1,023 per square foot. This property was built in 1871. 101 S Lafayette St Unit 2 is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

William Kurtz

Coldwell Banker Sol Needles Real Estate Listed on: 03/13/2022

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

William Kurtz

Coldwell Banker Sol Needles Real Estate Listed on: 03/13/2022

Coldwell Banker Sol Needles Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1871

Lot Details

  • 0.28

HOA Fees

  • $339 Monthly HOA Fees

Interior Spaces

  • 714 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Entrance Foyer
  • Living Room
  • Water Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Utilities

  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 1025

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,619

Year Built

Built in 1871

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Water View
  • District Township: 02-Cape May City
  • Also Includes: Curtains, Rugs, Furniture
  • Estimated Year Built: 1871
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 101
  • Price per Sq Ft: 815.13
  • Selling Agent1: 392
  • Selling Office1: 72
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1871

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 714
  • Total Sq Ft: 600
  • Other Rooms: Living Room, Eat In Kitchen

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Other
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 2
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Laundry Room
  • Condo Fees: 1017.00
  • Unit Features: Foyer
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 10
  • Total Assessment: 355000

Tax Info

  • Taxes: 3618.99
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2018
Sold by
Valenz Scott D and Valenz Sara G
Bought by
Scheffer Jason M and Scheffer Jean M
Current Estimated Value
$730,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$277,191
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$453,443

Purchase Details

Closed on
Mar 26, 2018
Sold by
Cassidy Rosemary A
Bought by
Rosemary Anne Cassidy Rt

Purchase Details

Closed on
Aug 14, 2015
Sold by
Steinberg Marc Robert and Steinberg Janice
Bought by
Valenz Scott D and Valenz Sara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2004
Sold by
Steinberg Janice
Bought by
Steinberg Marc Robert and Steinberg Janice
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Scheffer Jason M $425,000 --
Rosemary Anne Cassidy Rt -- --
Valenz Scott D $332,500 The Title Company Of Jersey
Steinberg Marc Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheffer Jason M $318,750
Previous Owner Valenz Scott D $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2022 04/19/22 Sold $582,000 -7.5% $815 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $629,000 +72.3% $881 / Sq Ft
11/22/2019 11/22/19 Sold $365,000 -8.5% $690 / Sq Ft View Prior Sale
10/10/2019 10/10/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $399,000 -- $754 / 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 $3,758 $355,500 $230,000 $125,500
2024 $3,758 $355,500 $230,000 $125,500
2023 $3,818 $355,500 $230,000 $125,500
2022 $3,669 $355,500 $230,000 $125,500
2021 $3,619 $355,500 $230,000 $125,500
2020 $3,448 $355,500 $230,000 $125,500
2019 $3,509 $355,500 $230,000 $125,500
2018 $3,310 $355,500 $230,000 $125,500
2017 $3,143 $355,500 $230,000 $125,500
2016 $2,958 $355,500 $230,000 $125,500
2015 $3,075 $355,500 $230,000 $125,500
2014 $3,075 $355,500 $230,000 $125,500
Source: Public Records

Agents Affiliated with this Home

  • William Kurtz

    Seller's Agent in 2022

    William Kurtz

    Coldwell Banker Sol Needles Real Estate

    (609) 884-1643

    25 in this area

    31 Total Sales

    William Kurtz
    Section Image

  • P

    Seller's Agent in 2019

    Peg Vogel

    Coldwell Banker Sol Needles Real Estate

    (609) 884-8428

    4 in this area

    7 Total Sales

    Peg Vogel
    Section Image

  • C

    Buyer's Agent in 2019

    Carly Rallo

    deSatnick Real Estate LLC - Lower Township

    (609) 602-3206

    2 in this area

    33 Total Sales

    Carly Rallo
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220647

Cape May County Association of REALTORS®

APN: 02-01025-0000-00010-0000-C-2

New Jersey Cape May County Cape May 08204

101 S Lafayette St Unit 2, Cape May, NJ

This home is located at 101 S Lafayette St Unit 2, Cape May, NJ 08204 since 13 March 2022 and is currently estimated at $730,634, approximately $1,023 per square foot. This property was built in 1871. 101 S Lafayette St Unit 2 is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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