NOT LISTED FOR SALE

1302 Emerson Ave Cape May, NJ 08204

Estimated Value: $725,000 - $893,000

3 Beds
2 Baths
1,064 Sq Ft
$768/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $630,000 $592 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,703/month

2 Days on Market

Highlights

  • Property near a bay
  • Sun or Florida Room
  • Living Room
  • Ranch Style House
  • Interior Lot
  • Laundry Room

About This Home

As of September 2021

More Photos Coming Soon!! Seller is a licensed NJ Real estate sales person.

Last Agent to Sell the Property

Lisa Bassett, GRI

FARRELL REALTY - ncm License #9231632 Listed on: 08/06/2021

Last Buyer's Agent

Gina M Catinella

HOFFMAN AGENCY License #1866548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,678

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 65x100
  • Interior Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • Living Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 567

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,678

Year Built

Built in 1963

Lot Details

1.49 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Also Includes: See Remarks
  • Estimated Year Built: 1963
  • Bay Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 65x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Dishwasher, Stove Natural Gas
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Estimated Living Sq Ft: 1064
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room, Florida Room

Exterior Features

  • Construction: Ranch
  • Exterior: Wood
  • House Color: Sage

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 10
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3678
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 30, 2021
Sold by
Distefano Michael
Bought by
Lough Colin A and Lough Jessica L
Seller's Agent
Lisa Bassett, GRI
FARRELL REALTY - ncm
Buyer's Agent
Gina M Catinella
HOFFMAN AGENCY
List Price
$619,900
Sold Price
$630,000
Premium/Discount to List
$10,100
1.63%
Current Estimated Value
$817,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,343
Avg. Annual Appreciation
5.97%
Original Mortgage
$504,000
Outstanding Balance
$459,601
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$357,742

Purchase Details

Closed on
Mar 9, 2021
Sold by
Russell William S and Russell Nancy L
Bought by
Distefano Michael

Purchase Details

Closed on
Oct 22, 1998
Sold by
Ristine Rebecca
Bought by
Russell Nancy and Russell William
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
Lough Colin A $630,000 None Available
Distefano Michael $350,000 Surety Title
Russell Nancy $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lough Colin A $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $630,000 +1.6% $592 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $619,900 -- $583 / 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 $4,853 $239,300 $142,500 $96,800
2024 $4,784 $239,300 $142,500 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 212898

Cape May County Association of REALTORS®

APN: 05-00567-0000-00010

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