NOT LISTED FOR SALE

Estimated Value: $650,213 - $919,000

5 Beds
2 Baths
6,000 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $570,000 $95 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,555/month

303 Days on Market

Highlights

  • Property near a bay
  • Detached Garage
  • Interior Lot
  • Island Location
  • Porch
  • Living Room

About This Home

As of June 2023

This home is located at 132 W Cresse Ave, Wildwood, NJ 08260 since 06 June 2022 and is currently estimated at $784,607, approximately $130 per square foot. 132 W Cresse Ave is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Fred DiAntonio

SHORE POINTS REALTY Listed on: 06/06/2022

Co-Listed By

Hope Cathryn Rhoades

SHORE POINTS REALTY License #0569156

Last Buyer's Agent

Fred DiAntonio

SHORE POINTS REALTY Listed on: 06/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,431

Lot Details

  • Lot Dimensions are 60 x 100
  • Interior Lot

Parking

  • Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 6,000 Sq Ft Home
  • Partially Furnished
  • Blinds
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Property near a bay
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 40 / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,431

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Inside Lot, Island
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Rugs, Partial Furniture
  • Bay Proximity: 2 Blocks, 3 Blocks
  • Beach Proximity: 3 Blocks, 4 Blocks
  • New Construction: No
  • Listing Office2: 770
  • Lot Size2: 60 x 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Total Sq Ft: 6000
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Outside Features: Porch, Storage Building, Cable TV, Sidewalks

Garage/Parking

  • Parking: Garage, Detached

Utilities

  • Separate Meter: Electric
  • Cooling: Central Air, Multi Zoned, Wall Air Conditioning
  • Heating: Gas Natural, Baseboard, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City
  • Cable Available: Income Expense Info

Lot Info

  • Lot Number: 40
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 4431
  • Tax Year: 2021

Multi Family

  • Number Of Units: 2
  • Total Rent: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jun 5, 2023
Sold by
Arber David J and Arber Tara
Bought by
Sciarra Christopher
Seller's Agent
Fred DiAntonio
SHORE POINTS REALTY
Buyer's Agent
Fred DiAntonio
SHORE POINTS REALTY
List Price
$699,000
Sold Price
$570,000
Premium/Discount to List
-$129,000
-18.45%
Views
209
Current Estimated Value
$806,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,327
Avg. Annual Appreciation
13.52%
Original Mortgage
$427,500
Outstanding Balance
$415,613
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$368,994

Purchase Details

Closed on
Apr 6, 2023
Sold by
Arber David J and Arber David J
Bought by
Arber David J and Veterano-Arber Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$415,613
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$368,994

Purchase Details

Closed on
Jul 25, 2007
Sold by
Damico Patricia Ann and Damico Anthony C
Bought by
Arber David J and Arber David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,150
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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
Sciarra Christopher $570,000 Title Company Of Jersey
Sciarra Christopher $570,000 Title Company Of Jersey
Arber David J -- Title Company Of Jersey
Arber David J -- Title Company Of Jersey
Arber David J $299,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sciarra Christopher $427,500
Closed Sciarra Christopher $427,500
Previous Owner Arber David J $254,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $570,000 -12.3% $95 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
07/27/2022 07/27/22 Price Changed $649,900 -7.0% $108 / Sq Ft
06/06/2022 06/06/22 For Sale $699,000 -- $117 / 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 $3,767 $264,000 $264,000 --
2024 $3,767 $264,000 $264,000 $0
2023 $4,699 $334,200 $264,000 $70,200
2022 $4,565 $334,200 $264,000 $70,200
2021 $4,431 $334,200 $264,000 $70,200
2020 $4,308 $334,200 $264,000 $70,200
2019 $4,274 $334,200 $264,000 $70,200
2018 $4,204 $334,200 $264,000 $70,200
2017 $4,121 $334,200 $264,000 $70,200
2016 $3,990 $334,200 $264,000 $70,200
2015 $3,930 $334,200 $264,000 $70,200
2014 $3,843 $334,200 $264,000 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221746

Cape May County Association of REALTORS®

APN: 15-00003-0000-00040