NOT LISTED FOR SALE

1325 New York Ave Cape May, NJ 08204

Estimated Value: $2,772,000 - $3,423,000

6 Beds
5 Baths
3,000 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $1,850,000 $617 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $18,078/month

201 Days on Market

Highlights

  • In Ground Pool
  • Great Room
  • Fenced Yard
  • The property is located in a historic district
  • Den
  • Eat-In Kitchen

About This Home

As of February 2021

Early Buyer will have choices in finishes; color, style and design. Sure to appeal to the most discriminating buyers taste, and also appeal to a wide range of buyer. excellent investment opportunity as well as an estate home, second home at the shore or a combination of both. Achitectural plans available. ongoing updates on the construction efforts will be updated regularly. Easy to walk-through. Schedule an appointment today. Expected completion Fall of 2020! Realtors, there is a copy of the survey and spec list in the associated docs.

Last Agent to Sell the Property

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 01/05/2020

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 01/05/2020

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,132

Lot Details

  • Lot Dimensions are 60 x 125
  • Fenced Yard
  • Interior Lot
  • Sprinkler System

Home Design

  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Car Garage
  • Stone Driveway

Outdoor Features

  • In Ground Pool
  • Patio

Location

  • The property is located in a historic district
  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 23 / 1148

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,132

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island, See Remarks, Historical District
  • District Township: 02-Cape May City
  • Near: Beach
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 1325
  • Lot Size2: 60 X 125
  • Price per Sq Ft: 616.67
  • Selling Agent1: 525
  • Selling Office1: 72
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm, Walk in Closet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 5.1
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Total Rooms: 14
  • Basement: Full, Outside Entrance, Masonry Floors/Wall, See Remarks
  • Estimated Living Sq Ft: 3000
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Laundry/Utility Room, Great Room, See Remarks

Exterior Features

  • Construction: Three Story, See Remarks
  • Exterior: Wood
  • Frontage: 60
  • Outside Features: Patio, Fenced Yard, Cable TV, Sidewalks, In Ground Pool, See Remarks, Sprinkler System

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway, See Remarks

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 23
  • Lot Size: 6001-10000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 8132
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2020
Closed on
Feb 2, 2021
Sold by
Shadyside Lane Llc
Bought by
Kurd Michael O and Kurd Kathryn B
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$1,895,000
Sold Price
$1,850,000
Premium/Discount to List
-$45,000
-2.37%
Current Estimated Value
$3,038,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,188,548
Avg. Annual Appreciation
12.32%
Original Mortgage
$1,387,500
Outstanding Balance
$1,230,768
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,893,775

Purchase Details

Listed on
Sep 21, 2019
Closed on
Oct 30, 2019
Sold by
Gibbons Anne M Est
Bought by
Shadyside Lane Llc
Seller's Agent
William Bezaire
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$1,100,000
Sold Price
$935,000
Premium/Discount to List
-$165,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.87%

Purchase Details

Closed on
Nov 21, 1967
Bought by
Gibbons Harry J and Gibbons Anne M
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
Kurd Michael O $1,850,000 Misc Company
Shadyside Lane Llc $935,000 Shore Title
Gibbons Harry J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurd Michael O $1,387,500
Previous Owner Gibbons Harry J $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $1,850,000 -2.4% $617 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $1,895,000 +102.7% $632 / Sq Ft
10/31/2019 10/31/19 Sold $935,000 -15.0% $316 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $1,100,000 -- $372 / 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 $17,306 $1,637,300 $642,000 $995,300
2024 $17,306 $1,637,300 $642,000 $995,300
2023 $17,585 $1,637,300 $642,000 $995,300
2022 $16,799 $1,627,800 $642,000 $985,800
2021 $8,642 $849,300 $642,000 $207,300
2020 $8,238 $849,300 $642,000 $207,300
2019 $8,133 $849,300 $642,000 $207,300
2018 $7,657 $849,300 $642,000 $207,300
2017 $7,258 $849,300 $642,000 $207,300
2016 $6,816 $849,300 $642,000 $207,300
2015 $7,096 $849,300 $642,000 $207,300
2014 $7,096 $849,300 $642,000 $207,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James McBride

    Coldwell Banker Sol Needles Real Estate

    (609) 408-3076

    34 in this area

    43 Total Sales

    Section Image
  • William Bezaire

    Seller's Agent in 2019

    William Bezaire

    Coldwell Banker Sol Needles Real Estate

    (609) 827-3513

    35 in this area

    51 Total Sales

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200090

Cape May County Association of REALTORS®

APN: 02-01148-0000-00023

New Jersey Cape May County Cape May 08204

1325 New York Ave, Cape May, NJ

This home is located at 1325 New York Ave, Cape May, NJ 08204 since 05 January 2020 and is currently estimated at $3,124,543, approximately $1,041 per square foot. 1325 New York 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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