NOT LISTED FOR SALE

248 Oak Ln Cape May, NJ 08204

Estimated Value: $292,000 - $391,395

3 Beds
1 Bath
1,572 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $313,000 $199 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,129/month

38 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room
  • Interior Lot
  • Central Air
  • Garage

About This Home

As of January 2024

This home is located at 248 Oak Ln, Cape May, NJ 08204 since 07 November 2023 and is currently estimated at $351,849, approximately $223 per square foot. This property was built in 1960. 248 Oak Ln 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.

Last Agent to Sell the Property

Jason Casella

COASTLINE REALTY, LLC License #1539289 Listed on: 11/07/2023

Co-Listed By

Tara Rosenberg

COASTLINE REALTY, LLC

Last Buyer's Agent

Dean DeRitis

CENTURY 21 ALLIANCE wc

CENTURY 21 ALLIANCE wc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 120x100
  • Interior Lot

Parking

  • Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,572 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 10,11 / 429

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,016

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1960
  • New Construction: No
  • Second Address Number: 248
  • Listing Office2: 20
  • Lot Size2: 120x100
  • Price per Sq Ft: 199.11
  • Selling Agent1: 5376
  • Selling Office1: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Stove Natural Gas
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 5
  • Estimated Living Sq Ft: 1572
  • Other Rooms: Living Room, Dining Room, Kitchen, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • House Color: Yellow

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 10,11
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 3016.03
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 31, 2024
Sold by
Gil Andres A Ruiz and Aparicio Lucia M
Bought by
Amar Hamaz
Seller's Agent
Jason Casella
COASTLINE REALTY, LLC
Buyer's Agent
Dean DeRitis
CENTURY 21 ALLIANCE wc
List Price
$355,000
Sold Price
$313,000
Premium/Discount to List
-$42,000
-11.83%
Views
294
Current Estimated Value
$351,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,849
Avg. Annual Appreciation
7.44%
Original Mortgage
$10,000
Interest Rate
6.61%

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 15, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Ruiz-Gil Andres A and Juarez-Aparicio Lucia M
Seller's Agent
Michele Kelly
S. Kelly Real Estate LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$104,900
Sold Price
$125,000
Premium/Discount to List
$20,100
19.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.31%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
May 31, 2008
Sold by
Rumsey Charles R and Rumsey Jane D
Bought by
Steward Helen T and Bates Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Amar Hamaz $313,000 None Listed On Document
Hamaz Amar $313,000 None Listed On Document
Ruiz-Gil Andres A $125,000 Misc Company
Wilmington Svgs Fund Soc $171,783 None Available
Steward Helen T $180,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hamaz Amar $10,000
Open Hamaz Amar $250,400
Closed Hamaz Amar $250,400
Previous Owner Ruiz-Gil Andres A $100,000
Previous Owner Steward Helen T $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $313,000 -5.2% $199 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/05/2023 12/05/23 Price Changed $330,000 -2.9% $210 / Sq Ft
11/21/2023 11/21/23 Price Changed $340,000 -4.2% $216 / Sq Ft
11/07/2023 11/07/23 For Sale $355,000 +184.0% $226 / Sq Ft
09/18/2020 09/18/20 Sold $125,000 +19.2% $80 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $104,900 -- $67 / 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 $3,063 $150,500 $68,000 $82,500
2024 $3,063 $150,500 $68,000 $82,500
2023 $3,016 $150,500 $68,000 $82,500
2022 $2,924 $150,500 $68,000 $82,500
2021 $2,829 $150,500 $68,000 $82,500
2020 $2,787 $150,500 $68,000 $82,500
2019 $2,712 $150,500 $68,000 $82,500
2018 $2,649 $150,500 $68,000 $82,500
2017 $2,650 $150,500 $68,000 $82,500
2016 $2,614 $150,500 $68,000 $82,500
2015 $2,530 $150,500 $68,000 $82,500
2014 $2,447 $150,500 $68,000 $82,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Casella

    Seller's Agent in 2024

    Jason Casella

    COASTLINE REALTY, LLC

    (609) 408-4038

    30 in this area

    71 Total Sales

    Jason Casella
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tara Rosenberg

    COASTLINE REALTY, LLC

    (609) 408-8067

    3 in this area

    8 Total Sales

    Tara Rosenberg
    Section Image

  • D

    Buyer's Agent in 2024

    Dean DeRitis

    CENTURY 21 ALLIANCE wc

    (609) 435-2733

    3 in this area

    18 Total Sales

    Dean DeRitis
    Section Image
  • Michele Kelly

    Seller's Agent in 2020

    Michele Kelly

    S. Kelly Real Estate LLC

    (856) 457-2830

    5 in this area

    296 Total Sales

    Michele Kelly
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 233023

Cape May County Association of REALTORS®

APN: 05-00429-0000-00010

New Jersey Cape May County Cape May 08204

248 Oak Ln, Cape May, NJ

This home is located at 248 Oak Ln, Cape May, NJ 08204 since 07 November 2023 and is currently estimated at $351,849, approximately $223 per square foot. This property was built in 1960. 248 Oak Ln 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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