NOT LISTED FOR SALE

25 Second Ave Cape May, NJ 08204

Estimated Value: $1,443,000 - $2,812,000

4 Beds
2 Baths
6,500 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $980,000 $151 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $13,563/month

2 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Porch
  • Property is near a beach
  • Deck
  • Eat-In Kitchen

About This Home

As of October 2017

This home is located at 25 Second Ave, Cape May, NJ 08204 since 01 September 2017 and is currently estimated at $2,320,787, approximately $357 per square foot. This property was built in 1900. 25 Second Ave 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

M Lynn Gleeson

Coldwell Banker Sol Needles Real Estate License #7846837 Listed on: 09/01/2017

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Peg Vogel

Coldwell Banker Sol Needles Real Estate

Coldwell Banker Sol Needles Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,482

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 130
  • Building is beachfront but unit may not have water views

Parking

  • Stone Driveway

Home Design

  • Duplex

Interior Spaces

  • 6,500 Sq Ft Home
  • Water Views
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Property is near a beach
  • Deck
  • Porch

Utilities

  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 22 / 1014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,482

Year Built

Built in 1900

Lot Details

1.15 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Beach Block, Water View
  • District Township: 02-Cape May City
  • Near: Beach
  • Estimated Year Built: 1900
  • Beach Proximity: 1 Block
  • New Construction: No
  • Listing Office2: 72
  • Lot Size2: 50 x 130
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Bathrooms: 2
  • Basement: Partial
  • Total Sq Ft: 6500
  • Other Rooms: Eat In Kitchen

Exterior Features

  • Outside Features: Deck, Porch, Waterview

Garage/Parking

  • Parking: Concrete Driveway, Stone Driveway

Utilities

  • Cooling: Central Air
  • Sewer: City, Public
  • Water: City, Public
  • Cable Available: Survey

Lot Info

  • Lot Number: 22
  • Lot Size: 6001 to 10000 SqFt
  • Total Assessment: 779100
  • Zoning: R-2

Tax Info

  • Taxes: 6482
  • Tax Year: 2017

Multi Family

  • Number Of Units: 2
  • Total Rent: 3400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 26, 2017
Sold by
Shreter Stephanie and Mcgrath Loretta
Bought by
Kloosterboer Zicari Living Trust
Seller's Agent
M Lynn Gleeson
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Peg Vogel
Coldwell Banker Sol Needles Real Estate
List Price
$999,999
Sold Price
$980,000
Premium/Discount to List
-$19,999
-2%
Current Estimated Value
$2,320,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,340,787
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Aug 14, 2003
Sold by
Shreter Morris
Bought by
Shreter Stephanie and Mcgrath Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
5.69%

Purchase Details

Closed on
May 1, 1991
Sold by
Shreter Morris and Shreter Elaine
Bought by
Shreter Morris and Shreter Elaine

Purchase Details

Closed on
Mar 2, 1989
Sold by
Vanschiver Arthur and Vanschiver Judith
Bought by
Shreter Morris and Shreter Elaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kloosterboer Zicari Living Trust $980,000 Victorian Abstract Agency
Shreter Stephanie $516,250 --
-- $516,300 --
Shreter Morris -- --
Shreter Morris $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $980,000 -2.0% $151 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $999,999 -- $154 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $19,291 $1,825,100 $636,700 $1,188,400
2024 $19,291 $1,825,100 $636,700 $1,188,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 178137

Cape May County Association of REALTORS®

APN: 02-01014-0000-00022

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