NOT LISTED FOR SALE

116 Third Ave Cape May, NJ 08204

Estimated Value: $1,612,667 - $1,839,000

6 Beds
4 Baths
3,480 Sq Ft
$489/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $999,000 $287 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,092/month

160 Days on Market

Highlights

  • Island Location
  • Furnished
  • Den
  • West Cape May Elementary School Rated A
  • Screened Porch
  • 4-minute walk to Wilbraham Park

About This Home

As of December 2019

Walking distance to West Cape May's Panicos, coffee shops, Westside Market, Dock Mikes for breakfast, CVS, Cape May Market, the Park, the festivals, Sapore Italiano, Exit 0 for a bite, Key West Tacos, Good Earth, Black Duck, a walk or a bike ride to the beach, the lighthouse, Sunset Beach, Cape May City and so many more attractions! EXCELLENT RENTAL HISTORY! SEE ASSOCIATED DOCS!

Last Agent to Sell the Property

Truda Carney, MA

LONG & FOSTER REAL ESTATE, INC av Listed on: 04/12/2019

LONG & FOSTER REAL ESTATE, INC av

Last Buyer's Agent

Charles Leone

WEICHERT REALTORS - MULLICA HILL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,333

Lot Details

  • Lot Dimensions are 50x150
  • Fenced Yard

Home Design

  • Duplex

Interior Spaces

  • 3,480 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Area
  • Den
  • Screened Porch
  • Storage Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 16 / 35

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,333

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Island
  • District Township: 12-West Cape May
  • Also Includes: Furniture
  • Estimated Year Built: 3480
  • New Construction: No
  • Second Address Number: 116
  • Lot Size2: 50x150
  • Selling Agent1: 1222
  • Selling Office1: 361
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space, Outside Entrance
  • Total Sq Ft: 3480
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Eat In Kitchen, Dining Area, Storage Space

Exterior Features

  • Outside Features: Patio, Porch, Screened Porch, Fenced Yard, Storage Building, Sidewalks, Outside Shower

Garage/Parking

  • Parking: Garage, 3 Car, Detached, Stone Driveway

Utilities

  • Cooling: Central Air, Multi Zoned
  • Heating: Forced Air, Heat Pump

Lot Info

  • Lot Number: 16
  • Lot Size: 6001 to 10000 SqFt

Tax Info

  • Taxes: 7333.21

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Matthew Richmond
Bought by
Anchor Investments Llc
Current Estimated Value
$1,710,487

Purchase Details

Closed on
Aug 17, 2010
Sold by
638-640 Atlantic Street Llc
Bought by
Soler Jon Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Cassizzi Nicholas L and Cassizzi Francine
Bought by
638-640 Atlantic Street Llc

Purchase Details

Closed on
May 12, 2006
Sold by
Cassizzi Nicholas L
Bought by
Cassizzi Nicholas L and Cassizzi Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1998
Sold by
Chew James
Bought by
Czworkowksi Diana and Jackin Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.64%
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
Anchor Investments Llc -- Sierzega Ronald P
Soler Jon Kevin -- None Available
638-640 Atlantic Street Llc $362,000 None Available
Cassizzi Nicholas L -- Lloyds & Handson Title Agenc
Czworkowksi Diana $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richmond Matthew S $600,000
Previous Owner Soler Jon $510,000
Previous Owner Soler Jon $375,000
Previous Owner Soler Jon Kevin $400,000
Previous Owner Cassizzi Nicholas L $434,000
Previous Owner Cassizzi Nicholas L $312,000
Previous Owner Czworkowksi Diana $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $999,000 -13.1% $287 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $1,150,000 -- $330 / 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 $8,719 $579,700 $260,000 $319,700
2024 $8,719 $579,700 $260,000 $319,700
2023 $8,817 $579,700 $260,000 $319,700
2022 $7,855 $579,700 $260,000 $319,700
2021 $7,420 $579,700 $260,000 $319,700
2020 $7,646 $579,700 $260,000 $319,700
2019 $7,269 $579,700 $260,000 $319,700
2018 $7,333 $579,700 $260,000 $319,700
2017 $7,069 $578,500 $260,000 $318,500
2016 $7,069 $578,500 $260,000 $318,500
2015 $6,647 $578,500 $260,000 $318,500
2014 $6,647 $578,500 $260,000 $318,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Truda Carney, MA

    LONG & FOSTER REAL ESTATE, INC av

    (610) 324-1675

    15 in this area

    40 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    Charles Leone

    WEICHERT REALTORS - MULLICA HILL

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 187664

Cape May County Association of REALTORS®

APN: 12-00035-0000-00016

New Jersey Cape May County Cape May 08204

116 Third Ave, Cape May, NJ

This home is located at 116 Third Ave, Cape May, NJ 08204 since 12 April 2019 and is currently estimated at $1,702,917, approximately $489 per square foot. 116 Third Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional 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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