NOT LISTED FOR SALE

1428 New Jersey Ave Cape May, NJ 08204

Estimated Value: $2,944,000 - $5,506,000

1.73 Acres
$2,457,934 Price per Acre
75,359 Sq Ft Lot

Sale Details

Date Sold: January 11, 2019

Last sale price $1,600,000

Est. 166% increase in value since last sale

Current estimated payment $24,517 / mo

2 Days on Market

About This Lot

As of January 2019

This home is located at 1428 New Jersey Ave, Cape May, NJ 08204 since 28 March 2018 and is currently estimated at $4,252,226. 1428 New Jersey 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

William Bezaire

Coldwell Banker Sol Needles Real Estate Listed on: 03/28/2018

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

William Kurtz

Coldwell Banker Sol Needles Real Estate

Coldwell Banker Sol Needles Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,055

Lot Details

  • Lot Dimensions are 75 x 150

Listing and Financial Details

  • Legal Lot and Block 1.08 / 1161

Property Details

Property Type

Land

Est. Annual Taxes

$10,055

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • District Township: 02-Cape May City
  • Lot Size2: 75 x 150
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 1.08
  • Lot Size: 10000 to 20000 SqFt
  • Zoning: residental

Tax Info

  • Taxes: 10055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jan 18, 2019
Sold by
Colehower John and Colehower Susan
Bought by
Miller Neil R and Miller Carol R
Seller's Agent
William Bezaire
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
William Kurtz
Coldwell Banker Sol Needles Real Estate
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$4,252,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,652,226
Avg. Annual Appreciation
14.39%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Nov 30, 2018
Sold by
Colehower John and Colehower Susan
Bought by
Colehower John and Colehower Susan
Seller's Agent
William Bezaire
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
William Kurtz
Coldwell Banker Sol Needles Real Estate
List Price
$1,600,000
Sold Price
$1,600,000

Purchase Details

Closed on
Dec 26, 1996
Sold by
Admiral Realty Paris
Bought by
Colehower John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Miller Neil R $1,600,000 Title Company Of Jersey
Colehower John -- --
Colehower John $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colehower John $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2019 01/11/19 Sold $1,600,000 0.0% --
12/12/2018 12/12/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $1,600,000 -- --
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 $25,531 $2,415,400 $1,137,500 $1,277,900
2024 $25,941 $2,415,400 $1,137,500 $1,277,900
Source: Public Records

Agents Affiliated with this Home

  • William Bezaire

    Seller's Agent in 2019

    William Bezaire

    Coldwell Banker Sol Needles Real Estate

    (609) 827-3513

    38 in this area

    52 Total Sales

    William Bezaire
    Section Image
  • William Kurtz

    Buyer's Agent in 2019

    William Kurtz

    Coldwell Banker Sol Needles Real Estate

    (609) 884-1643

    25 in this area

    31 Total Sales

    William Kurtz
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 185609

Cape May County Association of REALTORS®

APN: 02-01161-0000-00001-08

New Jersey Cape May County Cape May 08204

1428 New Jersey Ave, Cape May, NJ

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.