NOT LISTED FOR SALE

Estimated Value: $4,214,000

0.16 Acre
$26,337,500 Price per Acre
6,970 Sq Ft Lot

Sale Details

Date Sold: September 20, 2019

Last sale price $605,500

Est. 596% increase in value since last sale

Current estimated payment $23,367 / mo

88 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Stone Harbor Elementary School Rated A+

About This Lot

As of September 2019

Realtors: see Associated Docs for approved plan, tax map, Middle Township Zoning.

Last Agent to Sell the Property

John O'Dea

COMPASS RE - Avalon Dune License #0571252 Listed on: 05/11/2019

Last Buyer's Agent

John O'Dea

COMPASS RE - Avalon Dune License #0571252 Listed on: 05/11/2019

Property Details

Property Type

  • Land

Outdoor Features

  • Bulkhead
  • Docks

Lot Details

  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Cleared Lot

Additional Features

  • Water Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8.01 / 135.01

Property Details

Property Type

Land

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Bay Front, Cleared Lot, Cul-de-sac, Water Front, Water View
  • District Township: 06-Middle Township
  • Near: Bay
  • Lot Size2: 6800 sq ft
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 50

Lot Info

  • Lot Number: 8.01
  • Lot Size: 6000 to 10000 SqFt
  • Zoning: res
  • Improvements: Paved Road, Curb, Sidewalk, Gas, Electric, Water, Sewer, Bulkhead, Dock, Cable TV
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 99999.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2025
Sold by
Kelly Builders Inc
Bought by
Carbone Frank A and Carbone Constance Kelly
Current Estimated Value
$4,214,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,992,776
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,221,224

Purchase Details

Closed on
Jan 11, 2024
Sold by
Fsaf Llc
Bought by
Kelly Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,533,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2019
Closed on
Sep 18, 2019
Sold by
Blsg Development Llc
Bought by
Fsas Llc
Seller's Agent
John O'Dea
COMPASS RE - Avalon Dune
Buyer's Agent
John O'Dea
COMPASS RE - Avalon Dune
List Price
$739,000
Sold Price
$605,500
Premium/Discount to List
-$133,500
-18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.66%

Purchase Details

Closed on
May 9, 2019
Sold by
Fulton John W and Fulton Kimberly
Bought by
Blsg Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carbone Frank A $4,200,000 Seaboard Title
Kelly Builders Inc -- Seaboard Title
Kelly Builders Inc $987,500 Surety Title
Fsas Llc $605,500 Landis Title Corporation
Blsg Development Llc $300,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carbone Frank A $3,000,000
Previous Owner Kelly Builders Inc $1,533,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $605,500 -18.1% --
08/07/2019 08/07/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $739,000 -- --
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 $8,067 $382,500 $382,500 --
2024 $8,067 $382,500 $382,500 $0
2023 $7,864 $382,500 $382,500 $0
2022 $7,639 $382,500 $382,500 $0
2021 $7,455 $382,500 $382,500 $0
2020 $7,302 $382,500 $382,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 187699

Cape May County Association of REALTORS®

APN: 06 00135- 01-00008- 01

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