$455,000
SOLD APR 4, 2025

116 Orchard Dr Cape May, NJ 08204

4 Beds
2 Baths
1,244 Sq Ft
77,972 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

15% Below List Price

94 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Living Room
  • Wood Flooring
  • Interior Lot
  • Outdoor Storage

About This Home

As of April 2025

This home is located at 116 Orchard Dr, Cape May, NJ 08204 and is currently priced at $455,000, approximately $365 per square foot. This property was built in 1970. 116 Orchard Dr 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

Jason Casella

COASTLINE REALTY, LLC License #1539289 Listed on: 11/15/2024

Last Buyer's Agent

Heather Grey

CENTURY 21 ALLIANCE - NCM License #1647424

CENTURY 21 ALLIANCE  - NCM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 78x100
  • Fenced Yard
  • Interior Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,244 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 499.10 / 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,397

Year Built

Built in 1970

Lot Details

1.79 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1970
  • New Construction: No
  • Lot Size2: 78x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Dishwasher, Stove Natural Gas, 1778
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1244
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Fenced Yard, Storage Building

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 499.10
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3396.9
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Apr 4, 2025
Sold by
Sabir Barkat and Ghazala Barkat
Bought by
Munizza James Lee and Munizza Heather Nicole
Seller's Agent
Jason Casella
COASTLINE REALTY, LLC
Buyer's Agent
Heather Grey
CENTURY 21 ALLIANCE - NCM
List Price
$535,000
Sold Price
$455,000
Premium/Discount to List
-$80,000
-14.95%
Views
102
Current Estimated Value
$498,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,305
Avg. Annual Appreciation
9.93%
Original Mortgage
$409,500
Outstanding Balance
$407,721
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$90,584

Purchase Details

Closed on
Dec 8, 2016
Sold by
Barkat Sabir and Barkat Ghazala
Bought by
Barkat Sabir and Barkat Ghazala

Purchase Details

Closed on
Sep 5, 2003
Sold by
Rea John N
Bought by
Barkat Sabir and Barkat Ghazala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.29%

Purchase Details

Closed on
Mar 7, 1990
Sold by
Oneil Jean
Bought by
Rea John and Rea Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $455,000 Shore Title
Bargain Sale Deed $455,000 Shore Title
Interfamily Deed Transfer -- None Available
Deed $125,000 --
Deed $87,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $409,500 New Conventional
Closed $409,500 New Conventional
Previous Owner $112,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $455,000 -0.9% $366 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $459,000 -4.2% $369 / Sq Ft
01/18/2025 01/18/25 Price Changed $479,000 -6.1% $385 / Sq Ft
12/10/2024 12/10/24 Price Changed $509,900 -4.7% $410 / Sq Ft
11/15/2024 11/15/24 For Sale $535,000 -- $430 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $3,397 $167,500 $98,400 $69,100
2024 $3,397 $167,500 $98,400 $69,100
2023 $3,348 $167,500 $98,400 $69,100
2022 $3,246 $167,500 $98,400 $69,100
2021 $3,149 $167,500 $98,400 $69,100
2020 $3,099 $167,500 $98,400 $69,100
2019 $3,022 $167,500 $98,400 $69,100
2018 $2,950 $167,500 $98,400 $69,100
2017 $2,953 $167,500 $98,400 $69,100
2016 $2,908 $167,500 $98,400 $69,100
2015 $2,814 $167,500 $98,400 $69,100
2014 $2,722 $167,500 $98,400 $69,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 243387

Cape May County Association of REALTORS®

APN: 05-00499-10-00020

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