NOT LISTED FOR SALE

1228-1230 Massachusetts Ave Cape May, NJ 08204

Estimated Value: $973,000 - $1,170,000

4 Beds
2 Baths
1,500 Sq Ft
$715/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $575,000 $383 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,308/month

90 Days on Market

Highlights

  • Outdoor Pool
  • Enclosed patio or porch
  • Living Room
  • Fenced Yard
  • Interior Lot
  • Dining Room

About This Home

As of September 2020

Great opportunity to own a piece of Cape May at an affordable price.

Last Agent to Sell the Property

John Fleming

FLEMING REAL ESTATE Listed on: 04/22/2020

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 108 x 134
  • Fenced Yard
  • Interior Lot
  • Cleared Lot

Home Design

  • Duplex

Interior Spaces

  • 1,500 Sq Ft Home
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Pool
  • Enclosed patio or porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 9, 10 & 11 / 1142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Cleared Lot, Inside Lot
  • District Township: 02-Cape May City
  • Near: West Street & Mass Ave
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs
  • Estimated Year Built: 1950
  • New Construction: No
  • Second Address Number: 1228-1230
  • Lot Size2: 108 x 134
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Total Sq Ft: 1500
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family

Exterior Features

  • Outside Features: Patio, Enclosed/Cov. Patio, Fenced Yard, Cable TV, Sidewalks, Pool

Garage/Parking

  • Parking: 2 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Wall Air Conditioning
  • Heating: Gas Natural, Space/Wall/Floor
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 9, 10 & 11
  • Lot Size: 10001 to 20000 SqFt
  • Total Assessment: 499500
  • Zoning: R-2

Tax Info

  • Taxes: 4800
  • Tax Year: 2019

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Sep 10, 2020
Sold by
Hummel Andrew J and Hummel Marc G
Bought by
Mccambridge Meredith B and Mccambridge Matthew D
Seller's Agent
John Fleming
FLEMING REAL ESTATE
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$599,950
Sold Price
$575,000
Premium/Discount to List
-$24,950
-4.16%
Current Estimated Value
$1,071,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,777
Avg. Annual Appreciation
12.13%
Original Mortgage
$287,500
Outstanding Balance
$257,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$751,040

Purchase Details

Closed on
Feb 5, 1991
Sold by
Hummel Jr Andrew J and Hummel Genevieve
Bought by
Hummel Andrew J Et Als
Source: Public Records

Range of Values:

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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
Mccambridge Meredith B $575,000 Misc Company
Hummel Andrew J Et Als -- --
Hummel Andrew J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccambridge Meredith B $287,500
Previous Owner Hummel Genevieve $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $575,000 -4.2% $383 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $599,950 -- $400 / 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 $5,280 $499,500 $411,400 $88,100
2024 $5,280 $499,500 $411,400 $88,100
2023 $5,365 $499,500 $411,400 $88,100
2022 $5,155 $499,500 $411,400 $88,100
2021 $5,083 $499,500 $411,400 $88,100
2020 $4,845 $499,500 $411,400 $88,100
2019 $4,930 $499,500 $411,400 $88,100
2018 $4,650 $499,500 $411,400 $88,100
2017 $4,416 $499,500 $411,400 $88,100
2016 $4,156 $499,500 $411,400 $88,100
2015 $4,321 $499,500 $411,400 $88,100
2014 $4,321 $499,500 $411,400 $88,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Fleming

    FLEMING REAL ESTATE

  • Carol Menz

    Buyer's Agent in 2020

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    112 in this area

    278 Total Sales

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201361

Cape May County Association of REALTORS®

APN: 02-01142-0000-00009

New Jersey Cape May County Cape May 08204

1228-1230 Massachusetts Ave, Cape May, NJ

This home is located at 1228-1230 Massachusetts Ave, Cape May, NJ 08204 since 22 April 2020 and is currently estimated at $1,071,777, approximately $714 per square foot. This property was built in 1950. 1228-1230 Massachusetts 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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