NOT LISTED FOR SALE

117 83rd St Sea Isle City, NJ 08243

Estimated Value: $2,147,000 - $2,574,000

6 Beds
3.5 Baths
5,502 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,845,000 $335 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,505/month

88 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Central Air
  • Ocean City Primary School Rated A

About This Home

As of June 2023

This home is located at 117 83rd St, Sea Isle City, NJ 08243 since 06 February 2023 and is currently estimated at $2,295,185, approximately $417 per square foot. This property was built in 2015. 117 83rd St is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Last Agent to Sell the Property

Pamela Butera

OCF REALTY LLC License #1973474 Listed on: 02/06/2023

Last Buyer's Agent

Bill McGinn

RE/MAX PREFERRED SEA ISLE

RE/MAX PREFERRED SEA ISLE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 2015

Lot Details

  • 5,663

Home Design

  • 5,502 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3.5 Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 00105 / 00082 03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 09-Sea Isle City
  • Estimated Year Built: 2015
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 117
  • Lot Size2: 5502
  • Selling Agent1: 480
  • Selling Office1: 886
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2015

Interior Features

  • Total Bathrooms: 3.5
  • Total Sq Ft: 5502

Exterior Features

  • Outside Features: Deck

Garage/Parking

  • Parking: Garage, 2 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 00105
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6600
  • Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Total Rent: 35000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Moerman John T and Moerman Rosemary E
Bought by
John T Morerman Jr Living Trust and Rosemary E Moerman Living Trust
Current Estimated Value
$2,240,679

Purchase Details

Closed on
Nov 26, 2003
Sold by
D'Avico John
Bought by
D'Avico John and D'Avico Roseann Mm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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
John T Morerman Jr Living Trust -- None Listed On Document
D'Avico John $132,500 --
Davico John $132,500 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davico John $49,000
Previous Owner Davico John $150,000
Previous Owner Davico John $191,800
Previous Owner Davico John $417,000
Previous Owner Davico John $140,000
Previous Owner Davico John $150,000
Previous Owner Davico John $100,000
Previous Owner Davico John $255,000
Previous Owner Davico John $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,845,000 -19.3% $335 / Sq Ft
02/06/2023 02/06/23 For Sale $2,285,000 -- $415 / 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 $7,367 $824,000 $736,400 $87,600
2024 $7,367 $824,000 $736,400 $87,600
2023 $7,020 $824,000 $736,400 $87,600
2022 $6,600 $824,000 $736,400 $87,600
2021 $6,295 $824,000 $736,400 $87,600
2020 $6,048 $824,000 $736,400 $87,600
2019 $5,916 $824,000 $736,400 $87,600
2018 $5,850 $824,000 $736,400 $87,600
2017 $5,727 $824,000 $736,400 $87,600
2016 $5,537 $824,000 $736,400 $87,600
2015 $3,946 $670,000 $650,000 $20,000
2014 $3,913 $670,000 $650,000 $20,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pamela Butera

    OCF REALTY LLC

    (215) 205-8130

    1 in this area

    4 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    Bill McGinn

    RE/MAX PREFERRED SEA ISLE

    (609) 425-7977

    12 in this area

    17 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230290

Cape May County Association of REALTORS®

APN: 09-00082-03-00105

New Jersey Cape May County Sea Isle City 08243

117 83rd St, Sea Isle City, NJ

This home is located at 117 83rd St, Sea Isle City, NJ 08243 since 06 February 2023 and is currently estimated at $2,295,185, approximately $417 per square foot. This property was built in 2015. 117 83rd St is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City 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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