NOT LISTED FOR SALE

22 Gurney St Cape May, NJ 08204

Estimated Value: $1,599,000 - $2,877,000

5 Beds
3 Baths
2,499 Sq Ft
$823/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $2,000,000 $800 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,644/month

97 Days on Market

Highlights

  • Property is near a beach
  • Wood Flooring
  • Porch
  • Building is beachfront but unit may not have water views
  • Victorian Architecture
  • Interior Lot

About This Home

As of December 2022

This home is located at 22 Gurney St, Cape May, NJ 08204 since 26 July 2022 and is currently estimated at $2,057,232, approximately $823 per square foot. This property was built in 1869. 22 Gurney St is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

William Bezaire

Coldwell Banker Sol Needles Real Estate Listed on: 07/26/2022

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Mary Hinchcliffe

deSatnick Real Estate LLC - Cape May

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,883

Year Built

  • Built in 1869

Lot Details

  • Lot Dimensions are 30 x 134
  • Building is beachfront but unit may not have water views
  • Interior Lot

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 2,499 Sq Ft Home
  • Partially Furnished
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 1056

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,883

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Inside Lot
  • District Township: 02-Cape May City
  • Also Includes: Partial Furniture
  • Estimated Year Built: 1869
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 22
  • Lot Size2: 30 x 134
  • Price per Sq Ft: 800.32
  • Selling Agent1: 4903
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1869

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2499
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Construction: Victorian
  • Exterior: Wood
  • Outside Features: Porch, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: See Remarks

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 872600
  • Zoning: Res

Tax Info

  • Taxes: 8883
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Dec 16, 2022
Sold by
Cape May Properties Llc
Bought by
Gibson Justin L and Gibson Kelly L
Seller's Agent
William Bezaire
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Mary Hinchcliffe
deSatnick Real Estate LLC - Cape May
List Price
$2,049,000
Sold Price
$2,000,000
Premium/Discount to List
-$49,000
-2.39%
Views
19
Current Estimated Value
$2,057,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,232
Avg. Annual Appreciation
1.02%
Original Mortgage
$1,600,000
Outstanding Balance
$1,549,102
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$508,130

Purchase Details

Listed on
May 30, 2017
Closed on
Sep 28, 2017
Sold by
Weisman Zelda
Bought by
Cape May Properties Llc
Seller's Agent
Donna Fahy-Waters
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$755,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%
Original Mortgage
$604,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1993
Sold by
O'Brien Edward L
Bought by
Weisman Gerald L and Weisman Zelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.1%
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
Gibson Justin L $2,000,000 Seaboard Title
Gibson Justin L $2,000,000 Seaboard Title
Cape May Properties Llc $755,000 None Available
Weisman Gerald L $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Justin L $1,600,000
Closed Gibson Justin L $1,600,000
Previous Owner Cape May Properties Llc $604,000
Previous Owner Weisman Gerald L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2022 12/21/22 Sold $2,000,000 -2.4% $800 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $2,049,000 +171.4% $820 / Sq Ft
09/28/2017 09/28/17 Sold $755,000 -1.3% -- View Prior Sale
09/08/2017 09/08/17 Sold $765,000 -13.0% $354 / Sq Ft View Prior Sale
08/09/2017 08/09/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $879,000 -- $407 / Sq Ft
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
2025 $9,223 $872,600 $600,000 $272,600
2024 $9,223 $872,600 $600,000 $272,600
2023 $9,372 $872,600 $600,000 $272,600
2022 $9,005 $872,600 $600,000 $272,600
2021 $8,613 $872,600 $600,000 $272,600
2020 $8,464 $872,600 $600,000 $272,600
2019 $7,452 $755,000 $600,000 $155,000
2018 $8,155 $875,900 $608,200 $267,700
2017 $7,743 $875,900 $608,200 $267,700
2016 $7,287 $875,900 $608,200 $267,700
2015 $7,577 $875,900 $608,200 $267,700
2014 $7,577 $875,900 $608,200 $267,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222371

Cape May County Association of REALTORS®

APN: 02-01056-0000-00009