NOT LISTED FOR SALE

202 N Cambridge Ave Ventnor City, NJ 08406

Estimated Value: $601,000 - $638,000

3 Beds
2 Baths
1,294 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $330,000 $255 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,861/month

100 Days on Market

Highlights

  • Water Oriented
  • No HOA
  • Bungalow
  • Furnished
  • More Than Two Accessible Exits
  • Zoned Cooling

About This Home

As of December 2020

Move right into this fully furnished 3 bedroom, 2 bathroom beach house. Newly renovated with all new floors throughout; freshly painted inside and outside. Enjoy the bay breeze and view under the newly installed awning on the front porch. If you prefer the beach, you are a 5 minute walk to the beach and pier. Quiet neighborhood, short walk to restaurants and shopping. * Owner is licensed NJ Real Estate agent.

Last Agent to Sell the Property

Tara Clay

A R Fanucci Real Estate Inc Listed on: 08/31/2020

Last Buyer's Agent

Michelle Buckman

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,783

Year Built

  • Built in 1925

Lot Details

  • 1,875 Sq Ft Lot
  • Lot Dimensions are 30.00 x 62.50
  • Property is zoned 07

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,294 Sq Ft Home
  • Property has 1.5 Levels
  • Furnished
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Water Oriented
  • Property near a bay

Utilities

  • Zoned Cooling
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ventnor City Subdivision

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 22-00162-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,783

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All appliances including washer and dryer.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Remarks Public: Move right into this fully furnished 3 bedroom, 2 bathroom beach house. Newly renovated with all new floors throughout; freshly painted inside and outside. Enjoy the bay breeze and view under the newly installed awning on the front porch. If you prefer the beach, you are a 5 minute walk to the beach and pier. Quiet neighborhood, short walk to restaurants and shopping. * Owner is licensed NJ Real Estate agent.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Laminated
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1294
  • Living Area Sq Ft: 1294
  • Price Per Sq Ft: 269.71
  • Above Grade Finished Sq Ft: 1294
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: VENTNOR CITY SCHOOLS
  • School District Key: 300200396903
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 36200.00
  • Land Assessed Value: 109800.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 30.00 x 62.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1875.00
  • Year Assessed: 2020
  • Zoning: 07

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3436651
  • Tax Annual Amount: 3783.00
  • Assessor Parcel Number: 22-00162-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 1294
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/09/2020

MLS Schools

  • School District Name: VENTNOR CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Dec 9, 2020
Sold by
Clay James and Clay Tara
Bought by
Hermesmann Patrick and Hermesmann Carol
Seller's Agent
Tara Clay
A R Fanucci Real Estate Inc
Buyer's Agent
Michelle Buckman
TTR Sotheby's International Realty
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Current Estimated Value
$603,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,185
Avg. Annual Appreciation
14.14%
Original Mortgage
$264,000
Outstanding Balance
$237,730
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$374,200

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jun 5, 2020
Sold by
Turner Dylan E
Bought by
Clay James and Clay Tara
Seller's Agent
JESSICA GONZALEZ
Soleil Sotheby's International Realty - A
Buyer's Agent
Tara Clay
A R FANUCCI REAL ESTATE INC
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.32%
Original Mortgage
$183,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2015
Closed on
Dec 15, 2015
Sold by
Day Ann M
Bought by
Turner Dylan E
Seller's Agent
MICHAEL WALSH
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$148,000
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$118,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
The Estate Of Elizabeth R Benyo Helker and Day Joseph
Bought by
Day Amy M
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
Hermesmann Patrick $330,000 Surety Title Company
Clay James $245,000 Landis Title Corporation
Turner Dylan E $148,000 Old Republic Natl Title Ins
Day Amy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermesmann Patrick $264,000
Previous Owner Clay James $183,750
Previous Owner Turner Dylan E $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $330,000 -5.4% $255 / Sq Ft
08/31/2020 08/31/20 For Sale $349,000 +42.4% $270 / Sq Ft
06/05/2020 06/05/20 Sold $245,000 -8.9% --
05/04/2020 05/04/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $269,000 +81.8% --
12/15/2015 12/15/15 Sold $148,000 0.0% --
11/08/2015 11/08/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $148,000 -- --
Source: Bright 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 $6,710 $245,500 $109,800 $135,700
2023 $6,314 $245,500 $109,800 $135,700
2022 $6,314 $245,500 $109,800 $135,700
2021 $5,303 $204,900 $109,800 $95,100
2020 $3,783 $146,000 $109,800 $36,200
2019 $3,774 $146,000 $109,800 $36,200
2018 $3,846 $146,000 $109,800 $36,200
2017 $3,866 $146,000 $109,800 $36,200
2016 $4,752 $217,400 $176,000 $41,400
2015 $5,803 $267,900 $196,900 $71,000
2014 $5,516 $267,900 $196,900 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC114698

Bright MLS

APN: 22-00162-0000-00013