NOT LISTED FOR SALE

104 First Ave Cape May, NJ 08204

Estimated Value: $477,000 - $1,903,000

4 Beds
1 Bath
1,129 Sq Ft
$1,038/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $848,500 $752 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,687/month

39 Days on Market

Highlights

  • Water Views
  • Cape Cod Architecture
  • Porch
  • Property is near a beach
  • Wood Flooring
  • Patio

About This Home

As of February 2019

This home is located at 104 First Ave, Cape May, NJ 08204 since 20 November 2018 and is currently estimated at $1,171,604, approximately $1,037 per square foot. This property was built in 1926. 104 First Ave 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

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499 Listed on: 11/20/2018

Last Buyer's Agent

Thomas Shagren

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,530

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 50 x 130
  • Cleared Lot
  • Property is zoned R2

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2-Story Property
  • Blinds
  • Living Room
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Patio
  • Porch

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 5 / 1015

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,530

Year Built

Built in 1926

Lot Details

1.15 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Water View
  • District Township: 02-Cape May City
  • Near: lighthouse water view
  • Also Includes: Blinds
  • Estimated Year Built: 1926
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 50 x 130
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Full, Inside Entrance
  • Other Rooms: Living Room, Kitchen, Dining Area

Exterior Features

  • Construction: Two Story, Cape Cod
  • Frontage: 50
  • Outside Features: Patio, Porch, Outside Shower, See Remarks

Garage/Parking

  • Parking Garage: Stone Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Window Air Conditioning
  • Heating: Gas Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 5
  • Lot Size: 6001-10000 SqFt
  • Zoning: R2

Tax Info

  • Taxes: 6530
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2018
Sold by
Borst Mark C and Borst Heather N
Bought by
Newman John G and Newman Jacqueline B
Current Estimated Value
$1,171,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,800
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 9, 2015
Closed on
Sep 18, 2015
Sold by
Badal Joseph H and Badal Sara E
Bought by
Borst Mark C and Borst Heather N
Seller's Agent
Kim Marie Dellas, SRES, GRI, ABR, SRS
DELLAS AGENCY
List Price
$647,500
Sold Price
$620,000
Premium/Discount to List
-$27,500
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$496,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Badal John T and Badal Robert A
Bought by
Badal Joseph H and Badal Sara E

Purchase Details

Closed on
Apr 28, 2006
Sold by
Badal Joseph H and Badal Sara E
Bought by
Badal Joseph H and Badal Sara E

Purchase Details

Closed on
Jan 1, 1991
Sold by
Badal Joseph H and Badal Sara E
Bought by
Badal John T and Badal Roberta A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Newman John G $848,500 --
Borst Mark C $620,000 The Title Company Of Jersey
Badal Joseph H -- None Available
Badal Joseph H -- None Available
Badal John T $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman John G $678,800
Previous Owner Borst Mark C $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2019 02/19/19 Sold $848,500 -5.6% $752 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $899,000 +45.0% $796 / Sq Ft
09/18/2015 09/18/15 Sold $620,000 -4.2% $549 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $647,500 -- $574 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $7,809 $738,800 $643,300 $95,500
2024 $7,809 $738,800 $643,300 $95,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185057

Cape May County Association of REALTORS®

APN: 02-01015-0000-00005

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