NOT LISTED FOR SALE

10616 2nd Ave Stone Harbor, NJ 08247

Estimated Value: $4,680,899 - $4,973,000

2.53 Acres
$1,907,885 Price per Acre
110,207 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $4,475,000 $2,632 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $26,700/month

340 Days on Market

Highlights

  • Island Location
  • Interior Lot
  • 2-minute walk to Chelsea Place
  • Stone Harbor Elementary School Rated A

About This Lot

As of March 2023

This home is located at 10616 2nd Ave, Stone Harbor, NJ 08247 since 12 October 2021 and is currently estimated at $4,826,950, approximately $2,839 per square foot. 10616 2nd Ave is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 10/12/2021

Last Buyer's Agent

Stephen Frame

DILLER FISHER REALTORS License #8833010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,848

Lot Details

  • Lot Dimensions are 110 x 110'
  • Interior Lot
  • Cleared Lot

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 63 / 106.02

Property Details

Property Type

Land

Est. Annual Taxes

$10,848

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Cleared Lot, Inside Lot, Island
  • District Township: 10-Stone Harbor
  • Second Address Number: 10616
  • Lot Size2: 110 x 110'
  • Selling Agent1: 485
  • Selling Office1: 25
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 63
  • Lot Size: 10000 to 20000 SqFt
  • Zoning: Res
  • Improvements: Curb, Sidewalk, Gas, Electric, Water, Sewer
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 10848.24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Mar 30, 2023
Sold by
Simpson James S
Bought by
Berkson Michael and Berkson Christine
Seller's Agent
Jack Binder
FERGUSON-DECHERT, INC
Buyer's Agent
Stephen Frame
DILLER FISHER REALTORS
List Price
$4,700,000
Sold Price
$4,475,000
Premium/Discount to List
-$225,000
-4.79%
Current Estimated Value
$4,826,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,950
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Sep 14, 2018
Sold by
Maguire Mary J and Wallace Mary C
Bought by
Simpson James S and Rosado Gertrude

Purchase Details

Closed on
Dec 28, 2001
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
Berkson Michael $4,475,000 None Listed On Document
Berkson Michael $4,475,000 None Listed On Document
Simpson James S $2,300,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $4,475,000 -4.8% $2,632 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
10/12/2021 10/12/21 For Sale $4,700,000 -- $2,765 / 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 $13,302 $1,778,400 $1,778,400 --
2024 $13,302 $1,778,400 $1,778,400 $0
2023 $13,071 $1,778,400 $1,778,400 $0
2022 $12,307 $1,778,400 $1,778,400 $0
2021 $8,545 $1,778,400 $1,778,400 $0
2020 $10,848 $1,778,400 $1,778,400 $0
2019 $10,190 $1,778,400 $1,778,400 $0
2018 $10,441 $1,891,400 $1,778,400 $113,000
2017 $10,994 $1,980,900 $1,809,600 $171,300
2016 $10,598 $1,980,900 $1,809,600 $171,300
2015 $10,400 $1,980,900 $1,809,600 $171,300
2014 $10,261 $1,980,900 $1,809,600 $171,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213804

Cape May County Association of REALTORS®

APN: 10-00106-02-00063