$1,625,000
SOLD DEC 13, 2024

297 Fifth Ave West Cape May, NJ 08204

4 Beds
3 Baths
2,318 Sq Ft
2.3 Acres

Recently Sold

$701 Per Sq Ft

15 Days on Market

Highlights

  • Island Location
  • Deck
  • Wood Flooring
  • West Cape May Elementary School Rated A
  • Wood Burning Stove
  • Eat-In Kitchen

About This Home

As of May 2025

Solar lease will be paid off at closing. Settlement not to occur before 12.01.24.

Last Agent to Sell the Property

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 08/22/2024

Last Buyer's Agent

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 08/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 100x150
  • Interior Lot
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,318 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 48 / 52

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,023

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 12-West Cape May
  • Also Includes: Shades, Blinds
  • Estimated Year Built: 1955/1990
  • New Construction: No
  • Second Address Number: 297
  • Lot Size2: 100x150
  • Price per Sq Ft: 701.04
  • Selling Agent1: 3225
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring, Wood Burning Stove, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 2318
  • Other Rooms: Living Room, Dining Room, Eat-In-Kitchen, See Remarks

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 100
  • House Color: Tan
  • Outside Features: Deck, Storage Building, Outside Shower

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning, 1759
  • Heating: Gas Natural, Baseboard, Hot Water, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 48
  • Lot Size: 10000-20000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 2023
  • Tax Year: 6814.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
May 28, 2025
Sold by
Rp Burke Builders Inc
Bought by
Norton Joseph R and Norton Doris
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
List Price
$2,125,000
Sold Price
$2,125,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.49%

Purchase Details

Listed on
Aug 22, 2024
Closed on
Dec 13, 2024
Sold by
Belasco Thomas J and Kerman-Belasco Myra R
Bought by
R P Burke Builders Inc
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$1,625,000
Sold Price
$1,625,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.51%
Original Mortgage
$1,356,125
Interest Rate
6.79%

Purchase Details

Closed on
May 21, 2002

Purchase Details

Closed on
Dec 19, 1992
Sold by
Jordan Almeda L
Bought by
Kerman Myra R and Kerman Belasco,Thomas J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,125,000 Seaboard Title
Bargain Sale Deed $1,625,000 Shore Title
Bargain Sale Deed $1,625,000 Shore Title
Quit Claim Deed -- --
Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,356,125 No Value Available
Previous Owner $1,356,125 Construction
Previous Owner $75,000 Credit Line Revolving
Previous Owner $299,975 New Conventional
Previous Owner $335,000 Unknown
Previous Owner $167,000 Unknown
Previous Owner $32,000 Unknown
Previous Owner $120,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $2,125,000 0.0% $878 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $2,125,000 +30.8% $878 / Sq Ft
12/13/2024 12/13/24 Sold $1,625,000 0.0% $701 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $1,625,000 -- $701 / 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
2024 $6,738 $448,000 $271,300 $176,700
2023 $6,814 $448,000 $271,300 $176,700
2022 $6,070 $448,000 $271,300 $176,700
2021 $5,734 $448,000 $271,300 $176,700
2020 $5,909 $448,000 $271,300 $176,700
2019 $5,618 $448,000 $271,300 $176,700
2018 $5,667 $448,000 $271,300 $176,700
2017 $5,475 $448,000 $271,300 $176,700
2016 $5,475 $448,000 $271,300 $176,700
2015 $5,148 $448,000 $271,300 $176,700
2014 $5,148 $448,000 $271,300 $176,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 242463

Cape May County Association of REALTORS®

APN: 12-00052-0000-00048