NOT LISTED FOR SALE

1122 Route 109 Unit 1124 Cape May, NJ 08204

Estimated Value: $284,000 - $924,000

3 Beds
2 Baths
1,250 Sq Ft
$494/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $510,000 $408 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,586/month

650 Days on Market

Highlights

  • Island Location
  • Porch
  • Living Room
  • Ranch Style House
  • Interior Lot
  • Laundry Room

About This Home

As of October 2023

This home is located at 1122 Route 109 Unit 1124, Cape May, NJ 08204 since 18 December 2021 and is currently estimated at $617,249, approximately $493 per square foot. 1122 Route 109 Unit 1124 is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Agent to Sell the Property

John Fleming

FLEMING REAL ESTATE Listed on: 12/18/2021

Last Buyer's Agent

James McBride

Coldwell Banker Sol Needles Real Estate

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Lot Details

  • Lot Dimensions are 50 x 100
  • Interior Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Wood Siding
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

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

Additional Features

  • Porch
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 12 &13 / 770

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot, Island
  • District Township: 05-Lower Township
  • Near: Cape May Canal & Marinas
  • New Construction: No
  • Second Address Number: 1122-24
  • Lot Size2: 50 x 100
  • Price per Sq Ft: 408
  • Selling Agent1: 525
  • Selling Office1: 72
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Interior Amenities: Fireplace- Wood, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Partial, Inside Entrance, Masonry Floors/Wall
  • Estimated Living Sq Ft: 1250
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl, Wood, Masonry Block
  • Frontage: 50
  • Outside Features: Porch, Cable TV

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12 &13
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 215000

Tax Info

  • Taxes: 4050
  • Tax Year: 2021-22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Oct 31, 2023
Sold by
Marine Technical Inc
Bought by
Guzman Maria H
Seller's Agent
John Fleming
FLEMING REAL ESTATE
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$699,000
Sold Price
$510,000
Premium/Discount to List
-$189,000
-27.04%
Views
724
Current Estimated Value
$587,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,562
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Oct 2, 2019
Sold by
Axelson Bruce E Est
Bought by
Marine Technical Inc

Purchase Details

Closed on
Apr 11, 1990
Sold by
Axelson Elisabeth
Bought by
Axelson Bruce
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
Guzman Maria H $510,000 Shore Title
Marine Technical Inc $125,000 Title Company Of Jersey
Axelson Bruce -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $510,000 -27.0% $408 / Sq Ft
12/18/2021 12/18/21 For Sale $699,000 -- $559 / 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
2024 $4,433 $218,600 $126,000 $92,600
2023 $4,370 $218,600 $126,000 $92,600
2022 $4,236 $218,600 $126,000 $92,600
2021 $4,104 $218,600 $126,000 $92,600
2020 $4,044 $218,600 $126,000 $92,600
2019 $3,944 $218,600 $126,000 $92,600
2018 $3,850 $218,600 $126,000 $92,600
2017 $3,854 $218,600 $126,000 $92,600
2016 $3,795 $218,600 $126,000 $92,600
2015 $3,672 $218,600 $126,000 $92,600
2014 $3,552 $218,600 $126,000 $92,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Fleming

    FLEMING REAL ESTATE

  • J

    Buyer's Agent in 2023

    James McBride

    Coldwell Banker Sol Needles Real Estate

    (609) 408-3076

    34 in this area

    43 Total Sales

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214445

Cape May County Association of REALTORS®

APN: 05-00770-0000-00012

New Jersey Cape May County Cape May 08204

1122 Route 109 Unit 1124, Cape May, NJ

This home is located at 1122 Route 109 Unit 1124, Cape May, NJ 08204 since 18 December 2021 and is currently estimated at $617,249, approximately $493 per square foot. 1122 Route 109 Unit 1124 is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams 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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