NOT LISTED FOR SALE

224 W New York Ave Villas, NJ 08251

Estimated Value: $302,000 - $392,073

2 Beds
1 Bath
748 Sq Ft
$463/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $75,000 $100 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $2,089/month

6 Days on Market

Highlights

  • Property near a bay
  • Building is beachfront but unit may not have water views
  • Ranch Style House

About This Home

As of November 2015

Attention Builders, Great Opportunity, tear down and build your new home on this 60 x 100 lot, just a few houses to the popular Delaware Bay beaches. Two homes on double lot, both tear downs. Priced to Sell. Due to condition please do not enter smaller home (226 W. New York). Seller makes no warranty either express or implied as to the usefulness or suitability of any mechanicals.

Last Agent to Sell the Property

Laurie?? Schiffelbein

Tim Kerr Sotheby's International Realty Listed on: 10/15/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1937

Lot Details

  • 6,011

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property near a bay
  • Building is beachfront but unit may not have water views

Listing and Financial Details

  • Legal Lot and Block 14, 15 / 160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Estimated Year Built: 1937
  • Bay Proximity: 1 Block
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5

Exterior Features

  • Construction: Ranch

Lot Info

  • Lot Number: 14, 15
  • Lot Size: 60 x 100
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: 2104.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Nov 17, 2015
Sold by
104 S Oakland Ave Llc
Bought by
Kerr John W and Kerr Timothy L
Seller's Agent
Laurie?? Schiffelbein
Tim Kerr Sotheby's International Realty
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$344,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,461
Avg. Annual Appreciation
18.64%

Purchase Details

Listed on
Oct 15, 2015
Closed on
Sep 29, 2015
Sold by
Koebert Jane A
Bought by
104 South Oakland Ave Llc
Seller's Agent
Laurie?? Schiffelbein
Tim Kerr Sotheby's International Realty
List Price
$75,000
Sold Price
$75,000

Purchase Details

Closed on
May 5, 2004
Sold by
Ruhlman David W and Ruhlman George
Bought by
Koebert Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1988
Sold by
Auddino Frank
Bought by
Ruhlman David and Ruhlman George
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
Kerr John W $75,000 None Available
104 South Oakland Ave Llc -- Attorney
Koebert Jane A $168,500 The Title Company Of Jersey
Ruhlman David $70,000 --
Ruhlman David $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koebert Jane A $151,650
Previous Owner Ruhlman George $48,158
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $75,000 0.0% $100 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $75,000 -- $100 / 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 $2,538 $125,400 $84,000 $41,400
2024 $2,538 $125,400 $84,000 $41,400
2023 $2,498 $125,400 $84,000 $41,400
2022 $2,349 $125,400 $84,000 $41,400
2021 $2,349 $125,400 $84,000 $41,400
2020 $2,310 $125,400 $84,000 $41,400
2019 $2,255 $125,400 $84,000 $41,400
2018 $2,203 $125,400 $84,000 $41,400
2017 $2,203 $125,400 $84,000 $41,400
2016 $2,173 $125,400 $84,000 $41,400
2015 $2,104 $125,400 $84,000 $41,400
2014 $2,028 $125,400 $84,000 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166777

Cape May County Association of REALTORS®

APN: 05-00160-0000-00014