NOT LISTED FOR SALE

16 Jackson St Unit 3 Cape May, NJ 08204

Estimated Value: $938,000 - $1,293,000

2 Beds
2 Baths
-- Sq Ft
3,180 Sq Ft Lot

Last Sold August 15, 2015

Last sale price $545,000

Est. 100% increase in value since last sale

Current estimated payment $6,076/month

288 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Property is near a beach
  • Island Location
  • 3-minute walk to Cape May Rotary Park

About This Home

As of August 2015

Beautiful 2 bedroom condo in the heart of Cape May. Just 1/2 block to the beach and promenade. This unit is well maintained and recently updated. This unit also includes 1 off street, assigned parking space. Ocean views, off street parking, recently upgraded and in the heart of Cape May. ALL of the features any Cape May buyer would want at a price they can afford.

Last Agent to Sell the Property

Joseph John Scrocca, ABR

HOFFMAN AGENCY License #1110438 Listed on: 10/01/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,593

Lot Details

  • 3,180

Interior Spaces

  • 1-Story Property
  • Blinds
  • Living Room
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Island Location

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 10 / 1034

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,593

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island, Water View
  • District Township: 02-Cape May City
  • Also Includes: Blinds
  • Beach Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Other Rooms: Living Room, Eat In Kitchen

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric, Heat Pump
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 3
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Cable TV
  • Condo Fees: 750/qtr
  • Unit Features: Hardwood Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 10

Tax Info

  • Taxes: 3593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Aug 14, 2015
Sold by
Sheys Thomas P and Sheys Mary L
Bought by
Villanova Anthony and Villanova Lisa
Seller's Agent
Joseph John Scrocca, ABR
HOFFMAN AGENCY
List Price
$599,900
Sold Price
$545,000
Premium/Discount to List
-$54,900
-9.15%
Current Estimated Value
$1,088,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,679
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Mendolia Joseph C and Mendolia Deborah A
Bought by
Sheys Thomas P and Sheys Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2006
Sold by
Velias Seaside Inn Llc
Bought by
Mendolia Joseph C and Mendolia Deborah A
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
Villanova Anthony $545,000 Attorney
Sheys Thomas P $525,000 Shore Title Agency Inc
Mendolia Joseph C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheys Thomas P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2015 08/15/15 Sold $545,000 -9.2% --
07/16/2015 07/16/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $599,900 -- --
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 $4,391 $415,400 $340,000 $75,400
2024 $4,391 $415,400 $340,000 $75,400
2023 $4,461 $415,400 $340,000 $75,400
2022 $4,287 $415,400 $340,000 $75,400
2021 $4,100 $415,400 $340,000 $75,400
2020 $4,029 $415,400 $340,000 $75,400
2019 $4,100 $415,400 $340,000 $75,400
2018 $3,867 $415,400 $340,000 $75,400
2017 $3,672 $415,400 $340,000 $75,400
2016 $3,456 $415,400 $340,000 $75,400
2015 $3,593 $415,400 $340,000 $75,400
2014 $3,593 $415,400 $340,000 $75,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 160394

Cape May County Association of REALTORS®

APN: 02-01034-0000-00010-0000-C-03