NOT LISTED FOR SALE

1301 Delaware Ave Cape May, NJ 08204

Estimated Value: $1,033,000 - $1,174,000

3 Beds
2 Baths
1,259 Sq Ft
$860/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $980,000 $778 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,161/month

37 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Furnished
  • Main Floor Primary Bedroom
  • Corner Lot
  • Den

About This Home

As of September 2023

This home is located at 1301 Delaware Ave, Cape May, NJ 08204 since 05 July 2023 and is currently estimated at $1,083,325, approximately $860 per square foot. This property was built in 1985. 1301 Delaware 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

Francis 'Frank' Wise

deSatnick Real Estate LLC - Cape May Listed on: 07/05/2023

Last Buyer's Agent

Gail Wilsey-Morrison, CRS, ABR

LONG & FOSTER REAL ESTATE, INC cm

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,627

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 124x45

Parking

  • Driveway

Home Design

  • Twin Home
  • Vinyl Siding

Interior Spaces

  • 1,259 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Den
  • Sun or Florida Room
  • Storage
  • Wall to Wall Carpet
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 34 / 1156

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,627

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Twin
  • Seasonal: XXX
  • Location: Corner
  • District Township: 02-Cape May City
  • Also Includes: Blinds, Rugs, Furniture, Window Treatments
  • Estimated Year Built: 1985
  • New Construction: No
  • Second Address Number: 1301
  • Lot Size2: 124x45
  • Price per Sq Ft: 778.4
  • Selling Agent1: 432
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1985

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Storage, Wall to Wall Carpet
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Estimated Living Sq Ft: 1259
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room, Florida Room, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Exterior: Vinyl
  • Outside Features: Patio, Deck, Porch, Storage Building, Sidewalks

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 34
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4627.49
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Sep 8, 2023
Sold by
Bonner John J and Bonner Carolyn
Bought by
Ellison Caroline D
Seller's Agent
Francis 'Frank' Wise
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Gail Wilsey-Morrison, CRS, ABR
LONG & FOSTER REAL ESTATE, INC cm
List Price
$949,000
Sold Price
$980,000
Premium/Discount to List
$31,000
3.27%
Views
20
Current Estimated Value
$1,083,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,325
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Aug 15, 2013
Sold by
Molinari Gaetano and Molinari Mary
Bought by
Bonner John J and Bonner Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Brader Roy H and Brader Ruth J
Bought by
Molinari Gaetano and Molinari Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,800
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2003
Sold by
Hall Arthur C
Bought by
Brader Roy H and Brader Ruth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
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
Ellison Caroline D $980,000 Infinity Title
Ellison Caroline D $980,000 Infinity Title
Bonner John J $430,000 The Title Company Of Jersey
Molinari Gaetano $521,000 The Title Company Of Jersey
Brader Roy H $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonner John J $350,000
Previous Owner Molinari Gaetano $416,800
Previous Owner Brader Roy H $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $980,000 +3.3% $778 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $949,000 -- $754 / 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 $4,740 $448,400 $278,200 $170,200
2024 $4,740 $448,400 $278,200 $170,200
2023 $4,816 $448,400 $278,200 $170,200
2022 $4,627 $448,400 $278,200 $170,200
2021 $4,565 $448,400 $278,200 $170,200
2020 $4,349 $448,400 $278,200 $170,200
2019 $4,426 $448,400 $278,200 $170,200
2018 $4,175 $448,400 $278,200 $170,200
2017 $3,964 $448,400 $278,200 $170,200
2016 $3,731 $448,400 $278,200 $170,200
2015 $3,879 $448,400 $278,200 $170,200
2014 $3,879 $448,400 $278,200 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232117

Cape May County Association of REALTORS®

APN: 02-01156-0000-00034