NOT LISTED FOR SALE

111 W 16th Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $645,817 - $1,157,000

10 Beds
5 Baths
2,448 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $475,000 $194 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,752/month

11 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Island Location
  • Fenced Yard
  • Ceiling Fan

About This Home

As of December 2022

This home is located at 111 W 16th Ave, Wildwood, NJ 08260 since 11 July 2022 and is currently estimated at $796,954, approximately $325 per square foot. 111 W 16th Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Michael Mitchell

LONG & FOSTER REAL ESTATE, INC nww Listed on: 07/11/2022

LONG & FOSTER REAL ESTATE, INC nww

Co-Listed By

HENRY MITCHELL

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Joe Vallese

CHRIS HENDERSON REALTY License #9806653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,445

Lot Details

  • Lot Dimensions are 30x100
  • Fenced Yard

Home Design

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Property near a bay
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Ceiling Fan
  • Island Location

Community Details

  • 5 Units

Listing and Financial Details

  • Legal Lot and Block 18 / 174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,445

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Apartment
  • Location: Island
  • District Township: 07-North Wildwood City
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 111
  • Listing Office2: 266
  • Lot Size2: 30x100
  • Selling Agent1: 248
  • Selling Office1: 40
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5

Exterior Features

  • Outside Features: Deck, Enclosed/Cov. Patio, Fenced Yard

Utilities

  • Separate Meter: Electric
  • Cooling: Ceiling Fan
  • Heating: Gas Natural, Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 18
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4445.37
  • Tax Year: 2021

Multi Family

  • Number Of Units: 5
  • Total Rent: 50300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Dec 15, 2022
Sold by
Stern Steven and Stern Laura
Bought by
Fanik Fayez
Seller's Agent
Michael Mitchell
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Joe Vallese
CHRIS HENDERSON REALTY
List Price
$549,900
Sold Price
$475,000
Premium/Discount to List
-$74,900
-13.62%
Current Estimated Value
$796,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,954
Avg. Annual Appreciation
20.15%

Purchase Details

Closed on
May 5, 2006
Sold by
Barnes James and Barnes Kinga
Bought by
Stern Steven and Stern Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 22, 2005
Sold by
Forte Vincent and Forte Thomas
Bought by
Barnes James and Barnes Kinga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2002
Sold by
Paxton Jon Paul
Bought by
Forte Vincent T and Forte Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
6.24%
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
Fanik Fayez $475,000 Foundation Title
Stern Steven $410,000 The Title Company Of Jersey
Barnes James $327,500 None Available
Forte Vincent T $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stern Steven $369,000
Previous Owner Barnes James $294,750
Previous Owner Forte Vincent T $72,000
Previous Owner Forte Vincent T $195,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $475,000 -13.6% $194 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $549,900 -- $225 / 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 $4,925 $317,300 $138,000 $179,300
2024 $4,925 $317,300 $138,000 $179,300
2023 $4,820 $317,300 $138,000 $179,300
2022 $4,626 $317,300 $138,000 $179,300
2021 $3,294 $317,300 $138,000 $179,300
2020 $4,287 $317,300 $138,000 $179,300
2019 $4,144 $317,300 $138,000 $179,300
2018 $4,027 $317,300 $138,000 $179,300
2017 $3,941 $317,300 $138,000 $179,300
2016 $3,865 $317,300 $138,000 $179,300
2015 $2,845 $252,200 $177,000 $75,200
2014 $2,777 $252,200 $177,000 $75,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Mitchell

    Seller's Agent in 2022

    Michael Mitchell

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 217-9291

    126 in this area

    130 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2022

    HENRY MITCHELL

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 729-8840

    47 in this area

    47 Total Sales

    Section Image
  • Joe Vallese

    Buyer's Agent in 2022

    Joe Vallese

    CHRIS HENDERSON REALTY

    (609) 425-7841

    106 in this area

    108 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222182

Cape May County Association of REALTORS®

APN: 07-00174-0000-00018

New Jersey Cape May County Wildwood 08260 The Wildwoods

111 W 16th Ave, Wildwood, NJ

This home is located at 111 W 16th Ave, Wildwood, NJ 08260 since 11 July 2022 and is currently estimated at $796,954, approximately $325 per square foot. 111 W 16th Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic 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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