NOT LISTED FOR SALE

1200 New Jersey Ave Cape May, NJ 08204

Estimated Value: $3,171,000 - $4,218,000

5 Beds
6 Baths
1,307 Sq Ft
$2,802/Sq Ft Est. Value

Last Sold September 14, 2019

Last sale price $1,825,000 $1,396 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $20,874/month

634 Days on Market

Highlights

  • Property is near a beach
  • Contemporary Architecture
  • Corner Lot
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Furnished

About This Home

As of September 2019

This home is located at 1200 New Jersey Ave, Cape May, NJ 08204 since 23 October 2017 and is currently estimated at $3,662,631, approximately $2,802 per square foot. 1200 New Jersey Ave 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: 10/23/2017

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

James Zeitler

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,566

Lot Details

  • Lot Dimensions are 65' x 100'
  • Building is beachfront but unit may not have water views
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Furnished
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / 1130

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,566

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner
  • District Township: 02-Cape May City
  • Also Includes: Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 65' x 100'
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Vacuum, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Elevator, Fireplace- Gas, Wood Flooring, Security System
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 5
  • Total Rooms: 15
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Den/TV Room, Eat-In-Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Contemporary, Three Story
  • Exterior: Wood
  • Outside Features: Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 1987200

Tax Info

  • Taxes: 17566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2001
Sold by
Rockett Eugene D
Bought by
O'Donnell Laawrence and O'Donnell Susan F
Current Estimated Value
$3,662,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Outstanding Balance
$129,385
Interest Rate
6.64%
Estimated Equity
$3,533,246

Purchase Details

Closed on
Oct 23, 1995
Sold by
Patti Frank
Bought by
Rockett Eugene and Webb Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.6%

Purchase Details

Closed on
Sep 10, 1988
Sold by
Shepherd Richard and Shepherd Janet
Bought by
Patti Frank and Patti Apolionia
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
O'Donnell Laawrence $475,000 --
Rockett Eugene $220,000 --
Patti Frank $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O'Donnell Laawrence $333,000
Previous Owner Rockett Eugene $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2019 09/14/19 Sold $1,825,000 -6.4% $1,396 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
10/23/2017 10/23/17 For Sale $1,950,000 -- $1,492 / 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 $19,290 $1,825,000 $863,000 $962,000
2024 $19,290 $1,825,000 $863,000 $962,000
2023 $19,601 $1,825,000 $863,000 $962,000
2022 $18,834 $1,825,000 $863,000 $962,000
2021 $18,579 $1,825,000 $863,000 $962,000
2020 $19,276 $1,987,200 $1,025,200 $962,000
2019 $19,614 $1,987,200 $1,025,200 $962,000
2018 $18,501 $1,987,200 $1,025,200 $962,000
2017 $17,567 $1,987,200 $1,025,200 $962,000
2016 $16,534 $1,987,200 $1,025,200 $962,000
2015 $17,189 $1,987,200 $1,025,200 $962,000
2014 $17,189 $1,987,200 $1,025,200 $962,000
Source: Public Records

Agents Affiliated with this Home

  • William Bezaire

    Seller's Agent in 2019

    William Bezaire

    Coldwell Banker Sol Needles Real Estate

    (609) 827-3513

    37 in this area

    52 Total Sales

    William Bezaire
    Section Image

  • J

    Buyer's Agent in 2019

    James Zeitler

    JERSEY CAPE REALTY

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 178907

Cape May County Association of REALTORS®

APN: 02-01130-0000-00003

New Jersey Cape May County Cape May 08204

1200 New Jersey Ave, Cape May, NJ

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