NOT LISTED FOR SALE

202 Cambridge Ave Cape May Point, NJ 08212

Estimated Value: $996,000 - $2,175,429

0.11 Acre
$14,446,755 Price per Acre
4,792 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $660,000

Est. 141% increase in value since last sale

Current estimated payment $9,570/month

1 Day on Market

About This Lot

As of July 2022

LOCATION, LOCATION, LOCATION !!! Less than 4 blocks from the pristine beaches of Cape May Point. this lot is 50 x 100 and amazing place to build a beautiful dream home for you and your family and create the kind of memories that will last forever! Surrounded by historic land marks such as the Lighthouse, Sunset Beach, Cape May State Park,St. Mary's and the Bird Sanctuary, as well as the absolute best sunsets! 202 Cambridge does not have either sewer or water service currently. This location is not under a road opening moratorium, and that the Borough Administration does not have a plan for re-paving that portion of Cambridge Ave at this time. The lot is possibly within 150’ of fresh water wetlands – needs DEP determination and maybe approval.

Last Listed By

Carol Menz

COASTLINE REALTY, LLC License #9909174 Listed on: 08/17/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,121

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Wooded Lot

Property Details

Property Type

Land

Est. Annual Taxes

$9,121

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 08/18/2021
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Lot Info

  • Lot Dimensions: 50 X 100
  • Number Of Acres: 0.11
  • Number Of Lots: One
  • Topography: Wooded
  • Zoning: Residential

Range of Values:

Collateral Analytics

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ICE

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Ravenna Emily M $907,500
Closed Ravenna Emily Megan $907,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $660,000 -2.2% --
08/18/2021 08/18/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $675,000 -- --
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
2024 $9,121 $1,232,600 $475,000 $757,600
2023 $3,463 $475,000 $475,000 $0
2022 $3,349 $475,000 $475,000 $0
2021 $3,073 $475,000 $475,000 $0
2020 $2,955 $475,000 $475,000 $0
2019 $2,917 $475,000 $475,000 $0
2018 $2,812 $475,000 $475,000 $0
2017 $2,784 $475,000 $475,000 $0
2016 $2,727 $475,000 $475,000 $0
2015 $3,088 $620,000 $620,000 $0
2014 $3,088 $620,000 $620,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554440

South Jersey Shore Regional MLS

APN: 03-00043-0000-00005