NOT LISTED FOR SALE

1116 New Jersey Ave Unit 1 Cape May, NJ 08204

Estimated Value: $1,276,686 - $1,700,000

3 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold April 24, 2015

Last sale price $770,025

Est. 96% increase in value since last sale

Current estimated payment $8,504/month

55 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Building is beachfront but unit may not have water views
  • Furnished
  • Living Room

About This Home

As of April 2015

You will love the views from the 350+ sq ft sun deck that faces the ocean from this distinctively designed beach block townhouse condominium with approx. 1900 sq ft of living space...Ground level has welcoming foyer that leads to second floor with 3 bedrooms, 2 full baths, (including master suite), and laundry..3rd floor sports living room and kitchen with cathedral ceilings, separate dining room, powder room and sun deck. Kitchen peninsula has bar seating and ocean views from window above kitchen sink...Individual heat and a/c systems for each floor...2 car attached garage with auto door plus extra parking on site...Plenty of room for storage on 2nd floor, attic and garage

Last Agent to Sell the Property

William Bezaire

Coldwell Banker Sol Needles Real Estate Listed on: 01/29/2015

Coldwell Banker Sol Needles Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,869

Lot Details

  • 0.34

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Building is beachfront but unit may not have water views

Listing and Financial Details

  • Legal Lot and Block 11-13 / 1115

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,869

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Water View
  • District Township: 02-Cape May City
  • Also Includes: Furniture
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Dining Room, Kitchen

Garage/Parking

  • Parking: Auto Door Opener, Garage, 2 Car, Attached, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Cable TV, Outside Shower
  • Condo Fees: $250/mo
  • Unit Features: Wall To Wall Carpet, Cathedral Ceiling, Foyer
  • Unit Location: Water View

Lot Info

  • Lot Number: 11-13
  • Total Assessment: 678600

Tax Info

  • Taxes: 5869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Childs Nancy Maressa and Childs Michael E
Bought by
Lavista Rocco and Schwartz Joseph L
Current Estimated Value
$1,510,422

Purchase Details

Closed on
Jul 17, 2018
Sold by
Childs Michael E and Maressa-Childs Nancy
Bought by
Maressa-Childs Nancy

Purchase Details

Listed on
Jan 29, 2015
Closed on
Apr 27, 2015
Sold by
Phares Edward F and Phares Vickie A
Bought by
Childs Michael E and Childs Nancy Maressa
Seller's Agent
William Bezaire
Coldwell Banker Sol Needles Real Estate
List Price
$774,900
Sold Price
$770,025
Premium/Discount to List
-$4,875
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$500,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 1999
Sold by
New Jersey Ave Partners
Bought by
Phares Edward and Phares Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Lavista Rocco $1,485,000 Title America
Lavista Rocco $1,485,000 Title America
Maressa-Childs Nancy -- --
Childs Michael E $770,025 The Title Company Of Jersey
Phares Edward $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Childs Michael E $500,000
Previous Owner Phares Edward $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $770,025 -0.6% --
03/25/2015 03/25/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $774,900 -- --
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 $7,173 $678,600 $458,800 $219,800
2024 $7,173 $678,600 $458,800 $219,800
2023 $7,288 $678,600 $458,800 $219,800
2022 $7,003 $678,600 $458,800 $219,800
2021 $6,908 $678,600 $458,800 $219,800
2020 $6,582 $678,600 $458,800 $219,800
2019 $6,698 $678,600 $458,800 $219,800
2018 $6,318 $678,600 $458,800 $219,800
2017 $5,999 $678,600 $458,800 $219,800
2016 $5,646 $678,600 $458,800 $219,800
2015 $5,870 $678,600 $458,800 $219,800
2014 -- $678,600 $458,800 $219,800
Source: Public Records

Agents Affiliated with this Home

  • William Bezaire

    Seller's Agent in 2015

    William Bezaire

    Coldwell Banker Sol Needles Real Estate

    (609) 827-3513

    37 in this area

    52 Total Sales

    William Bezaire
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 162060

Cape May County Association of REALTORS®

APN: 02-01115-0000-00011-0000-C-01

New Jersey Cape May County Cape May 08204

1116 New Jersey Ave Unit 1, Cape May, NJ

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