NOT LISTED FOR SALE

1116 New Jersey Ave Unit 3 Cape May, NJ 08204

Estimated Value: $1,285,419 - $1,755,000

3 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold October 01, 2015

Last sale price $770,000

Est. 103% increase in value since last sale

Current estimated payment $8,779/month

15 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • Property is near a beach
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of October 2015

This home is located at 1116 New Jersey Ave Unit 3, Cape May, NJ 08204 since 16 September 2015 and is currently estimated at $1,564,605. 1116 New Jersey Ave Unit 3 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

William Bezaire

Coldwell Banker Sol Needles Real Estate Listed on: 09/16/2015

Coldwell Banker Sol Needles Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,780

Lot Details

  • Building is beachfront but unit may not have water views

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 11-13 / 1115

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,780

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Beach Block, Water View
  • District Township: 02-Cape May City
  • Near: beachfront
  • Also Includes: Furniture
  • Beach Proximity: 1 Block
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances Included: Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: Two
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Dining Room, Eat In Kitchen, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Auto Door Opener, 2 Car, Detached

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: Kitchen Center Island, Cathedral Ceiling, Foyer
  • Unit Location: Corner

Lot Info

  • Lot Number: 11-13

Tax Info

  • Taxes: 5780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 1, 2015
Sold by
Alden Helen
Bought by
Lavista Rocco
Seller's Agent
William Bezaire
Coldwell Banker Sol Needles Real Estate
List Price
$770,000
Sold Price
$770,000
Current Estimated Value
$1,564,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,605
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Apr 21, 1999
Sold by
New Jersey Avenue Partnership
Bought by
Alden Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.02%
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
Lavista Rocco $770,000 Old Republic Natl Title Ins
Alden Helen $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alden Helen $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $770,000 0.0% --
09/16/2015 09/16/15 For Sale $770,000 -- --
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 $7,063 $668,200 $458,800 $209,400
2024 $7,063 $668,200 $458,800 $209,400
2023 $7,176 $668,200 $458,800 $209,400
2022 $6,896 $668,200 $458,800 $209,400
2021 $6,802 $668,200 $458,800 $209,400
2020 $6,482 $668,200 $458,800 $209,400
2019 $6,595 $668,200 $458,800 $209,400
2018 $6,221 $668,200 $458,800 $209,400
2017 $5,907 $668,200 $458,800 $209,400
2016 $5,559 $668,200 $458,800 $209,400
2015 $5,780 $668,200 $458,800 $209,400
2014 $5,780 $668,200 $458,800 $209,400
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: 166312

Cape May County Association of REALTORS®

APN: 02-01115-0000-00011-0000-C-03

New Jersey Cape May County Cape May 08204

1116 New Jersey Ave Unit 3, Cape May, NJ

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