NOT LISTED FOR SALE

206 Princeton Ave Cape May Point, NJ 08212

Estimated Value: $1,640,000 - $2,202,954

4 Beds
3 Baths
-- Sq Ft
1.15 Acres

Last Sold May 27, 2021

Last sale price $999,900

Est. 81% increase in value since last sale

Current estimated payment $10,584/month

Highlights

  • New Construction
  • Contemporary Architecture
  • Wood Flooring
  • Island Location
  • Cathedral Ceiling
  • 3-minute walk to Cape May Point State Park

About This Home

As of May 2021

This home is located at 206 Princeton Ave, Cape May Point, NJ 08212 since 25 February 2021 and is currently estimated at $1,824,489. 206 Princeton Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Agent to Sell the Property

Dolores Lanzalotti

JERSEY CAPE REALTY Listed on: 02/25/2021

Last Buyer's Agent

Michael Bushong Jr

COMPASS RE - Ocean City

COMPASS RE - Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Lot Details

  • 1.15

Home Design

  • New Construction
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Screened Porch
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Additional Features

  • Lot Dimensions are 50x100
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 3 / 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Island
  • District Township: 03-Cape May Point
  • New Construction: Yes
  • Second Address Number: 206
  • Lot Size2: 50x100
  • Selling Agent1: 5451
  • Selling Office1: 100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Natural Gas, Wine Cooler
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Storage, Walk in Closet, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Frontage: 50
  • Outside Features: Patio, Porch, Screened Porch, Storage Building, Cable TV, Outside Shower

Utilities

  • Cooling: Central Air Condition, Electric, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 27, 2021
Sold by
Lawrence A Pray Bldrs Llc
Bought by
Klipper Michael and Klipper Morgan
Seller's Agent
Dolores Lanzalotti
JERSEY CAPE REALTY
Buyer's Agent
Michael Bushong Jr
COMPASS RE - Ocean City
List Price
$1,099,900
Sold Price
$999,900
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$1,807,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,286
Avg. Annual Appreciation
13.13%
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mercner Richard G
Bought by
Mercner Richard G

Purchase Details

Closed on
Sep 4, 1992
Sold by
Rauch Iii Julius B
Bought by
Mercner Richard G
Source: Public Records

Range of Values:

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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
Klipper Michael $999,900 None Available
Mercner Richard G -- None Available
Mercner Richard G $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klipper Michael $500,000
Closed Klipper Michael $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $999,900 -9.1% --
02/25/2021 02/25/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $1,099,900 +103.7% --
08/03/2020 08/03/20 Sold $540,000 -9.8% --
07/04/2020 07/04/20 Pending -- -- --
08/19/2019 08/19/19 For Sale $599,000 -- --
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
2024 $7,231 $977,100 $475,000 $502,100
2023 $7,123 $977,100 $475,000 $502,100
2022 $6,889 $977,100 $475,000 $502,100
2021 $3,071 $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

  • Dolores Lanzalotti

    Seller's Agent in 2021

    Dolores Lanzalotti

    JERSEY CAPE REALTY

    (609) 226-5000

    79 in this area

    102 Total Sales

    Section Image
  • Michael Bushong Jr

    Buyer's Agent in 2021

    Michael Bushong Jr

    COMPASS RE - Ocean City

    (609) 231-1353

    1 in this area

    72 Total Sales

    Section Image

  • T

    Seller's Agent in 2020

    Truda Carney, MA

    LONG & FOSTER REAL ESTATE, INC av

    (610) 324-1675

    15 in this area

    40 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210682

Cape May County Association of REALTORS®

APN: 03-00044-0000-00003

New Jersey Cape May County Cape May Point 08204

206 Princeton Ave, Cape May Point, NJ

This home is located at 206 Princeton Ave, Cape May Point, NJ 08212 since 25 February 2021 and is currently estimated at $1,824,489. 206 Princeton Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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