PENDING
$196K PRICE DROP
200 W Saint Johns Ave Villas, NJ 08251
Estimated payment $9,019/month
Total Views
51,837
6
Beds
4
Baths
1,936
Sq Ft
$826
Price per Sq Ft
Highlights
- Beach Front
- Attached Garage
- Outdoor Grill
- Deck
- Living Room
- Central Air
About This Home
Turnkey waterfront vacation property! This property sale includes all furnishings (excluding personal items), all current bookings for 2025, the intellectual property for the business, and a paid architect for cottage rebuild (if desired). This is a fantastic opportunity to own a successful business with five years of operating history. All three units are fully booked for the rest of the summer and will not be possible to show all units on one date. This property is a grandfathered four-unit in Lower Township, divided between two structures. The waterfront unit comprises three apartments. The top-floor apartment is an 800 sq. ft., 3-bedroom, 1-bath unit that spans the entire length of the house and features a large waterfront deck. The bottom-floor waterfront unit is a 350 sq. ft., 1-bedroom, 1-bath apartment, also with a large waterfront deck. The back bottom-floor unit is a 450 sq. ft., 1-bedroom, 1-bath apartment, featuring a smaller deck with water views. The home was raised in 2017 and includes a spacious garage below the units. The detached cottage is approximately 380 sq. ft., with 1 bedroom and 1 bath, and features a large deck. This unit is also elevated, and we will be selling it with a paid architect for potential rebuilding, should that be desired. The property extends 10 ft into the road and provides over 8 designated parking spaces. There is also a charming backyard equipped with a tiki bar, fire pit, and small dipping pool.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,892
Year Built
- Built in 1929
Lot Details
- Beach Front
Parking
- Attached Garage
Home Design
- Quadruplex
Interior Spaces
- 1,936 Sq Ft Home
- Drapes & Rods
- Blinds
- Living Room
- Dining Room
- Water Views
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Deck
- Outdoor Grill
Utilities
- Central Air
- Cooling System Mounted In Outer Wall Opening
- Heat Pump System
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Legal Lot and Block 1 / 50
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,767 | $346,700 | $273,100 | $73,600 |
| 2024 | $6,767 | $346,700 | $273,100 | $73,600 |
| 2023 | $6,906 | $346,700 | $273,100 | $73,600 |
| 2022 | $6,702 | $346,700 | $273,100 | $73,600 |
| 2021 | $6,494 | $346,700 | $273,100 | $73,600 |
| 2020 | $6,386 | $346,700 | $273,100 | $73,600 |
| 2019 | $6,234 | $346,700 | $273,100 | $73,600 |
| 2018 | $6,081 | $346,100 | $273,100 | $73,000 |
| 2017 | $6,081 | $346,100 | $273,100 | $73,000 |
| 2016 | $5,998 | $346,100 | $273,100 | $73,000 |
| 2015 | $5,808 | $346,100 | $273,100 | $73,000 |
| 2014 | $5,596 | $346,100 | $273,100 | $73,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Pending | -- | -- | -- |
| 08/21/2025 08/21/25 | Price Changed | $1,599,000 | -7.3% | $826 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $1,725,000 | -3.9% | $891 / Sq Ft |
| 06/10/2025 06/10/25 | For Sale | $1,795,000 | +259.0% | $927 / Sq Ft |
| 02/06/2020 02/06/20 | Sold | $499,999 | -16.5% | $303 / Sq Ft |
| 12/10/2018 12/10/18 | Price Changed | $599,000 | -14.3% | $363 / Sq Ft |
| 12/04/2018 12/04/18 | Price Changed | $699,000 | -12.5% | $424 / Sq Ft |
| 11/12/2018 11/12/18 | For Sale | $799,000 | -- | $484 / Sq Ft |
Source: Cape May County Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $320,000 | None Available | |
| Deed | $235,000 | -- | |
| Deed | $139,000 | -- | |
| Deed | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Credit Line Revolving | |
| Open | $399,999 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $399,999 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $302,000 | Construction | |
| Closed | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $97,300 | No Value Available |
Source: Public Records
About the Listing Agent
Meet Trish Gesswein: Award-Winning Broker, Delivering Excellence & Savings
A recipient of the prestigious 2024 NJ Realtors Circle of Excellence Platinum Award, Trish Gesswein brings 17 years of proven excellence to your real estate journey. As Houwzer's Broker of Record in New Jersey, she combines award-winning expertise with innovative pricing that saves sellers thousands through our 1% listing fee model.
Trish's commitment to excellence is reflected in her consistent
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Source: Cape May County Association of REALTORS®
MLS Number: 251688
APN: 05 00045-0000-00008- 01
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