NOT LISTED FOR SALE

16 Jefferson St Unit 3 Cape May, NJ 08204

Estimated Value: $969,000 - $1,093,000

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

Last Sold August 21, 2020

Last sale price $581,000

Est. 76% increase in value since last sale

Current estimated payment $5,909/month

133 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Unit is on the top floor
  • Deck
  • Main Floor Bedroom

About This Home

As of August 2020

VIEWS VIEWS VIEWS! Do NOT let this beauty pass you by! 2 bedrooms 1 full bath fully renovated 2nd floor condo with direct and stunning OCEAN VIEWS located just steps to Cape May BEACH and PROMENADE. You will enjoy seeing unobstructed and gorgeous sunrises right from your 2nd floor deck. Bonus gas fireplace to take the chill off on those brisk winter evenings. Step into this building through the bright beachy shared main entrance and head up the stairs where you will have access to your deck or your condo, step into this open and cheerful condo offering a spacious living room, generous kitchen with quartz counter tops and hard flooring, two large bedrooms with ample closets and large windows permitting loads of sunlight and peaks of the ocean too, round out the layout with a huge bathroom boasting a huge walk in tile shower a laundry closet and owners closet finish off the space taking you to the back door with back deck and OWNER OFF STREET SHARED PARKING.... All this for under $600,000...OH and for those who are looking for an investment comes with a strong rental history and a nearly full 2020 summer season. Call today and make an appointment to see this beauty.

Last Agent to Sell the Property

Elizabeth Sturm

BOWMAN WALKER REAL ESTATE, INC License #0679390 Listed on: 02/10/2020

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,691

Year Built

  • Built in 1945

Lot Details

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

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Free Standing Fireplace
  • Drapes & Rods
  • Blinds
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash, cable
  • Jefferson Beach Condos

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,691

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished
  • Year Built: 1945
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Free Standing
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Eat In Kitchen, Pantry
  • Common Area Features: Deck/Porch, Outside Shower

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Private
  • Water: Private
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash, Cable
  • Condo Name: Jefferson Beach
  • Management: Association

Lot Info

  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2007
Sold by
Riggs Arthur and Riggs Doris
Bought by
Bernhardt Stephen and Bernhardt Donna
Current Estimated Value
$1,022,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$315,097
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$707,210
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
Bernhardt Stephen $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernhardt Stephen $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $581,000 -3.0% --
06/22/2020 06/22/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $599,000 -- --
Source: South Jersey Shore Regional MLS

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 $6,691 $633,000 $445,600 $187,400
2024 $6,691 $633,000 $445,600 $187,400
2023 $6,798 $633,000 $445,600 $187,400
2022 $6,533 $633,000 $445,600 $187,400
2021 $6,248 $633,000 $445,600 $187,400
2020 $6,140 $633,000 $445,600 $187,400
2019 $6,248 $633,000 $445,600 $187,400
2018 $5,893 $633,000 $445,600 $187,400
2017 $5,596 $633,000 $445,600 $187,400
2016 $5,267 $633,000 $445,600 $187,400
2015 $5,475 $633,000 $445,600 $187,400
2014 $5,475 $633,000 $445,600 $187,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elizabeth Sturm

    BOWMAN WALKER REAL ESTATE, INC

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 533653

South Jersey Shore Regional MLS

APN: 02-01067-0000-00007-0000-C-03

New Jersey Cape May County Cape May 08204

16 Jefferson St Unit 3, Cape May, NJ

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