NOT LISTED FOR SALE

16 Jefferson St Unit 4 Cape May, NJ 08204

Estimated Value: $969,000 - $1,097,000

2 Beds
1 Bath
1,000 Sq Ft
4,661 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $595,000 $595 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,870/month

67 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Fireplace

About This Home

As of September 2020

This property is rented weekly and has a turnover on Saturdays August 8th, 15th and 22nd between 1:30pm and 3:00pm. Rental History is in Associated Documents.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 06/26/2020

Co-Listed By

Ami Menz

COASTLINE REALTY, LLC License #0447526

Last Buyer's Agent

MARYANN DONAHUE

deSatnick Real Estate LLC - Cape May

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 1960

Lot Details

  • Building is beachfront but unit may not have water views
  • Interior Lot

Parking

  • Shared Driveway

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 7 / 1067

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,247

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Inside Lot, Island, Water View
  • District Township: 02-Cape May City
  • Near: Waterview
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 1960
  • New Construction: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • Listing Office2: 20
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1960

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 1000
  • Other Rooms: Living Room, Eat In Kitchen, Pantry

Garage/Parking

  • Parking: Shared Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Electric, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Cable TV, Outside Shower
  • Condo Fees: 1000q
  • Unit Features: Fireplace, Wall To Wall Carpet
  • Unit Location: Corner, Top Floor

Lot Info

  • Lot Number: 7
  • Zoning: c

Tax Info

  • Taxes: 6247
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2007
Sold by
Riggs Arthur and Riggs Doris
Bought by
Cluff Thomas L and Cluff Carol A
Current Estimated Value
$1,014,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Outstanding Balance
$378,806
Interest Rate
8.51%
Mortgage Type
Negative Amortization
Estimated Equity
$636,117
Source: Public Records

Range of Values:

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Average Value
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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
Cluff Thomas L $620,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cluff Thomas L $558,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $595,000 -0.7% $595 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $599,000 -- $599 / 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 $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

  • Carol Menz

    Seller's Agent in 2020

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    103 in this area

    267 Total Sales

    Carol Menz
    Section Image
  • Ami Menz

    Seller Co-Listing Agent in 2020

    Ami Menz

    COASTLINE REALTY, LLC

    (609) 884-5006

    38 in this area

    63 Total Sales

    Ami Menz
    Section Image

  • M

    Buyer's Agent in 2020

    MARYANN DONAHUE

    deSatnick Real Estate LLC - Cape May

    (609) 884-1300

    15 in this area

    39 Total Sales

    MARYANN DONAHUE
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202158

Cape May County Association of REALTORS®

APN: 02-01067-0000-00007-0000-C-04

New Jersey Cape May County Cape May 08204

16 Jefferson St Unit 4, Cape May, NJ

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