NOT LISTED FOR SALE

1107 New Jersey Ave Cape May, NJ 08204

Estimated Value: $1,596,000 - $3,433,000

4 Beds
3 Baths
2,112 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $1,310,000 $620 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $14,506/month

288 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Deck
  • Newly Remodeled
  • Building is beachfront but unit may not have water views
  • Wood Flooring

About This Home

As of June 2017

OCEAN VIEWS from second floor. Flood Insurance Quoted at only $349/YEAR!! Aerial view can be accessed from the Virtual Tour Link above.

Last Agent to Sell the Property

james hanson

HOMESTEAD REAL ESTATE CO. INC. License #8542129 Listed on: 08/01/2016

Last Buyer's Agent

Dolores Lanzalotti

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Lot Dimensions are 40 x 125
  • Building is beachfront but unit may not have water views
  • Sprinkler System
  • Property is zoned R-2

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Alarm System
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 1116 / 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,000

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Water View
  • District Township: 02-Cape May City
  • Near: Philadelphia Beach
  • Also Includes: Furniture
  • Estimated Year Built: 2016
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Lot Size2: 40 x 125
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Dishwasher, Disposal, Burglar Alarm, Stove Natural Gas
  • Interior Amenities: Elevator, Wood Flooring, Security System, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2112
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Victorian
  • Exterior: Other
  • Frontage: 40
  • Outside Features: Deck, Porch, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Detached, Auto Door Opener, 4 car parking

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1116
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 11000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Jun 5, 2017
Sold by
James Hanson Associates Llc
Bought by
Kohler James R and Kohler Christel T
Seller's Agent
james hanson
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
Dolores Lanzalotti
JERSEY CAPE REALTY
List Price
$1,449,000
Sold Price
$1,310,000
Premium/Discount to List
-$139,000
-9.59%
Current Estimated Value
$2,539,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,229,802
Avg. Annual Appreciation
8.20%
Original Mortgage
$430,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2013
Closed on
Jul 10, 2015
Sold by
Green John P and Estate Of Thelma B Green
Bought by
James Hanson Associates Llc
Seller's Agent
Maureen Harris
CENTURY 21 GILMARTIN & CO
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.97%
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
Kohler James R $1,310,000 None Available
James Hanson Associates Llc $450,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kohler James R $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2017 06/05/17 Sold $1,310,000 -9.6% $620 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,449,000 +222.0% $686 / Sq Ft
07/10/2015 07/10/15 Sold $450,000 -18.2% -- View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
10/05/2013 10/05/13 For Sale $550,000 -- --
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 $14,549 $1,376,400 $729,000 $647,400
2024 $14,549 $1,376,400 $729,000 $647,400
2023 $14,783 $1,376,400 $729,000 $647,400
2022 $13,857 $1,342,700 $729,000 $613,700
2021 $10,454 $1,342,700 $729,000 $613,700
2020 $13,024 $1,342,700 $729,000 $613,700
2019 $13,252 $1,342,700 $729,000 $613,700
2018 $12,501 $1,342,700 $729,000 $613,700
2017 $11,869 $1,342,700 $729,000 $613,700
2016 $6,065 $729,000 $729,000 $0
2015 $6,800 $786,100 $729,000 $57,100
2014 $6,800 $786,100 $729,000 $57,100
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2017

    james hanson

    HOMESTEAD REAL ESTATE CO. INC.

    (609) 374-0255

    3 in this area

    8 Total Sales

    james hanson
    Section Image
  • Dolores Lanzalotti

    Buyer's Agent in 2017

    Dolores Lanzalotti

    JERSEY CAPE REALTY

    (609) 226-5000

    73 in this area

    95 Total Sales

    Dolores Lanzalotti
    Section Image
  • Maureen Harris

    Seller's Agent in 2015

    Maureen Harris

    CENTURY 21 GILMARTIN & CO

    (856) 625-5046

    11 in this area

    21 Total Sales

    Maureen Harris
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171588

Cape May County Association of REALTORS®

APN: 02-01116-0000-00028

New Jersey Cape May County Cape May 08204

1107 New Jersey Ave, Cape May, NJ

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