NOT LISTED FOR SALE

122 Broadway Cape May, NJ 08204

Estimated Value: $1,215,000 - $1,834,000

4 Beds
2 Baths
2,094 Sq Ft
$709/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $899,000 $429 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,252/month

211 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • West Cape May Elementary School Rated A+
  • Deck
  • 2-minute walk to Wilbraham Park

About This Home

As of July 2023

The property is being sold in " As Is " condition. The property is also zoned commercially and lends itself to many potential options for potential buyers, professional office, attorney's office, and many more opportunities. Sure to appeal to wide range of buyers. Easy to show. Call today for more details.

Last Agent to Sell the Property

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 10/24/2022

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Anne M. Barry

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,165

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 50 x 110
  • Fenced Yard
  • Corner Lot
  • Property is zoned Commercial

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2,094 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Storage
  • Wall to Wall Carpet
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outdoor Storage

Location

  • The property is located in a historic district
  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17 / 34

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,165

Year Built

Built in 1880

Lot Details

1.15 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island, See Remarks, Historical District
  • District Township: 12-West Cape May
  • Near: Cape May Beaches
  • Estimated Year Built: 1880
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Lot Size2: 50 X 110
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Interior Amenities: Smoke/Fire Alarm, Storage, Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 15
  • Basement: Partial, Inside Entrance
  • Estimated Living Sq Ft: 2094
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Laundry/Utility Room, See Remarks, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Colonial, Three Story
  • Exterior: Block, Shingle, Wood
  • Frontage: 50
  • House Color: cedar
  • Outside Features: Patio, Deck, Porch, Screened Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, See Remarks

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Gas Natural, Electric, Baseboard, Radiator
  • Hot Water: Electric, Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 17
  • Lot Size: 6001-10000 SqFt
  • Zoning: Commercial

Tax Info

  • Taxes: 6165
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Jul 14, 2023
Sold by
Graham Susan B
Bought by
Cunningham John and Cunningham Jeanne
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Anne M. Barry
COASTLINE REALTY, LLC
List Price
$995,000
Sold Price
$899,000
Premium/Discount to List
-$96,000
-9.65%
Views
853
Current Estimated Value
$1,484,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,566
Avg. Annual Appreciation
21.37%
Original Mortgage
$674,250
Outstanding Balance
$655,127
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$829,439

Purchase Details

Closed on
Apr 12, 2000
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 Buyer Sale Price Title Company
Cunningham John $899,000 The Title Company
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham John $674,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $899,000 0.0% $429 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $899,000 -9.6% $429 / Sq Ft
10/24/2022 10/24/22 For Sale $995,000 -- $475 / 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 $7,245 $481,700 $348,000 $133,700
2024 $7,327 $481,700 $348,000 $133,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223322

Cape May County Association of REALTORS®

APN: 12-00034-0000-00017

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