NOT LISTED FOR SALE

1220 New Jersey Ave Cape May, NJ 08204

Estimated Value: $3,799,000 - $4,502,000

-- Bed
-- Bath
4,898 Sq Ft
$847/Sq Ft Est. Value

About This Home

This home is located at 1220 New Jersey Ave, Cape May, NJ 08204 and is currently estimated at $4,149,123, approximately $847 per square foot. 1220 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2012
Sold by
Shandler Bruce A and Shandler Maureen J
Bought by
Schwenger Thomas D and Schwenger Audrey
Current Estimated Value
$4,149,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,379,000
Outstanding Balance
$968,886
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$2,966,665

Purchase Details

Closed on
Jul 7, 1994
Sold by
Hober Julius
Bought by
Statter J Neil and Statter Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 8, 1994
Sold by
Touzour Kerr Partnership
Bought by
Hober Julius

Purchase Details

Closed on
Feb 17, 1993
Sold by
Morey Development Cape May
Bought by
Tozour-Kerr Partnership
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Schwenger Thomas D $1,970,000 The Title Company Of Jersey
Statter J Neil $470,000 --
Hober Julius $180,000 --
Tozour-Kerr Partnership $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwenger Thomas D $1,379,000
Previous Owner Statter J Neil $290,000
Source: Public Records

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 $20,697 $1,958,100 $1,119,400 $838,700
2024 $20,697 $1,958,100 $1,119,400 $838,700
2023 $21,030 $1,958,100 $1,119,400 $838,700
2022 $20,208 $1,958,100 $1,119,400 $838,700
2021 $18,970 $1,958,100 $1,119,400 $838,700
2020 $18,994 $1,958,100 $1,119,400 $838,700
2019 $19,326 $1,958,100 $1,119,400 $838,700
2018 $18,230 $1,958,100 $1,119,400 $838,700
2017 $17,310 $1,958,100 $1,119,400 $838,700
2016 $16,291 $1,958,100 $1,119,400 $838,700
2015 $16,938 $1,958,100 $1,119,400 $838,700
2014 $16,938 $1,958,100 $1,119,400 $838,700
Source: Public Records

Map

New Jersey Cape May County Cape May 08204

1220 New Jersey Ave, Cape May, NJ

This home is located at 1220 New Jersey Ave, Cape May, NJ 08204 and is currently estimated at $4,149,123, approximately $847 per square foot. 1220 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.

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