NOT LISTED FOR SALE

16 Jefferson St Unit 1 Cape May, NJ 08204

Estimated Value: $778,954 - $1,017,000

2 Beds
1 Bath
-- Sq Ft
4,661 Sq Ft Lot

Last Sold October 29, 2015

Last sale price $408,500

Est. 121% increase in value since last sale

Current estimated payment $5,112/month

381 Days on Market

Highlights

  • Water Views
  • Furnished
  • Eat-In Kitchen
  • Building is beachfront but unit may not have water views
  • Ground Level Unit
  • Living Room

About This Home

As of October 2015

Great two bedroom, 1 bath condo just steps from the beach. This home is an Excellent investment opportunity, with a great rental history. Relax out front on the covered porch while listening to the waves break onto our shoreline. The eat in kitchen is spacious enough for the entire family. On the chillier eves, grab a blanket and snuggle up to the gas fireplace. Home is coming fully furnished less personal items.

Last Agent to Sell the Property

Brian Giancola

RE/MAX SURFSIDE Listed on: 09/13/2014

RE/MAX SURFSIDE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,227

Lot Details

  • 4,661

Interior Spaces

  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Legal Lot and Block 7 / 1067

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,227

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Beach Block, Water View
  • District Township: 02-Cape May City
  • Also Includes: Drapes, Curtains, Shades, Blinds, Furniture
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch
  • Condo Fees: 1,300 qt
  • Unit Features: Wall To Wall Carpet
  • Unit Location: First Floor

Lot Info

  • Lot Number: 7

Tax Info

  • Taxes: 5227.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2014
Closed on
Oct 29, 2015
Sold by
Riggs Arthur and Riggs Doris
Bought by
Canzano Mary Ann
Seller's Agent
Brian Giancola
RE/MAX SURFSIDE
List Price
$470,000
Sold Price
$408,500
Premium/Discount to List
-$61,500
-13.09%
Current Estimated Value
$900,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,489
Avg. Annual Appreciation
8.23%
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
Canzano Mary Ann $408,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $408,500 -13.1% --
09/29/2015 09/29/15 Pending -- -- --
09/13/2014 09/13/14 For Sale $470,000 -- --
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 $4,757 $450,000 $375,000 $75,000
2024 $4,757 $450,000 $375,000 $75,000
2023 $4,833 $450,000 $375,000 $75,000
2022 $4,644 $450,000 $375,000 $75,000
2021 $4,442 $450,000 $375,000 $75,000
2020 $4,365 $450,000 $375,000 $75,000
2019 $4,442 $450,000 $375,000 $75,000
2018 $4,190 $450,000 $375,000 $75,000
2017 $3,978 $450,000 $375,000 $75,000
2016 $3,744 $450,000 $375,000 $75,000
2015 $3,893 $604,300 $445,600 $158,700
2014 $5,227 $604,300 $445,600 $158,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Giancola

    Seller's Agent in 2015

    Brian Giancola

    RE/MAX SURFSIDE

    (609) 602-8988

    31 in this area

    82 Total Sales

    Brian Giancola
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 160103

Cape May County Association of REALTORS®

APN: 02-01067-0000-00007-0000-C-01

New Jersey Cape May County Cape May 08204

16 Jefferson St Unit 1, Cape May, NJ

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