NOT LISTED FOR SALE

23 Folsom Ave Cape May, NJ 08204

Estimated Value: $523,333

4 Beds
2 Baths
-- Sq Ft
2.76 Acres

Last Sold November 13, 2020

Last sale price $345,000

Est. 52% increase in value since last sale

Current estimated payment $3,352/month

323 Days on Market

Highlights

  • Property near a bay
  • Main Floor Primary Bedroom
  • Interior Lot
  • Building is beachfront but unit may not have water views
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of November 2020

Survey in Associated Doc's

Last Agent to Sell the Property

Dana Adams

CENTURY 21 GILMARTIN & CO Listed on: 10/17/2019

Last Buyer's Agent

Dana Adams

CENTURY 21 GILMARTIN & CO Listed on: 10/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,339

Lot Details

  • Lot Dimensions are 120x100
  • Building is beachfront but unit may not have water views
  • Interior Lot
  • Cleared Lot
  • Property is zoned R-3

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 4 Car Garage
  • Stone Driveway

Outdoor Features

  • Property near a bay
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 43 / 530

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,339

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Cleared Lot, Inside Lot
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Bay Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 23
  • Listing Office2: 47
  • Lot Size2: 120x100
  • Selling Agent1: 1618
  • Selling Office1: 47
  • 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, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet, Fireplace- Wood, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Partial, Outside Entrance
  • Other Rooms: Living Room, Kitchen, Dining Area, Storage Attic, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 120
  • House Color: Yellow
  • Outside Features: Enclosed/Covered Patio

Garage/Parking

  • Parking Garage: Stone Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Window Air Conditioning
  • Heating: Gas Natural, Electric, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: Well

Lot Info

  • Lot Number: 43
  • Lot Size: 10000-20000 SqFt
  • Sub Lot: 44-48
  • Zoning: R-3

Tax Info

  • Taxes: 4339.1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 13, 2020
Sold by
Mcgay Charles E Est
Bought by
405 First Llc
Seller's Agent
Dana Adams
CENTURY 21 GILMARTIN & CO
Buyer's Agent
Dana Adams
CENTURY 21 GILMARTIN & CO
List Price
$489,000
Sold Price
$345,000
Premium/Discount to List
-$144,000
-29.45%
Current Estimated Value
$523,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,333

Purchase Details

Closed on
Dec 27, 1978
Bought by
Mcgay Charles
Source: Public Records

Range of Values:

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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
405 First Llc $345,000 Misc Company
Mcgay Charles $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgay Charles E $39,019
Previous Owner Mcgay Charles E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $345,000 -29.4% --
09/04/2020 09/04/20 Pending -- -- --
10/17/2019 10/17/19 For Sale $489,000 -- --
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
2021 $4,558 $246,400 $160,000 $86,400
2020 $4,558 $246,400 $160,000 $86,400
2019 $4,064 $246,400 $160,000 $86,400
2018 $4,002 $246,400 $160,000 $86,400
2017 $3,985 $246,400 $160,000 $86,400
2016 $4,278 $246,400 $160,000 $86,400
2015 $4,140 $246,400 $160,000 $86,400
2014 $4,004 $246,400 $160,000 $86,400
Source: Public Records

Agents Affiliated with this Home

  • Dana Adams

    Seller's Agent in 2020

    Dana Adams

    CENTURY 21 GILMARTIN & CO

    6 in this area

    12 Total Sales

    Dana Adams
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 190190

Cape May County Association of REALTORS®

APN: 05-00530-0000-00043

New Jersey Cape May County Cape May 08204

23 Folsom Ave, Cape May, NJ

This home is located at 23 Folsom Ave, Cape May, NJ 08204 since 17 October 2019 and is currently priced at $523,333. 23 Folsom Ave is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick 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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