NOT LISTED FOR SALE

3 New Jersey Ave Villas, NJ 08251

Estimated Value: $463,373 - $483,000

4 Beds
2 Baths
1,872 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $60,002 $32 Per Sq Ft

Est. 690% increase in value since last sale

Current estimated payment $2,895/month

39 Days on Market

Highlights

  • Property near a bay
  • Ranch Style House
  • Detached Garage
  • Deck
  • Whirlpool Bathtub
  • Porch

About This Home

As of August 2017

This property is being conveyed strictly in "AS IS " condition.

Last Agent to Sell the Property

Donna Stamile

H N HAND REALTORS Listed on: 06/05/2017

Last Buyer's Agent

Dan Harris

WEICHERT REALTORS CITY TO SHORE License #0570791

WEICHERT REALTORS CITY TO SHORE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 80 x 90
  • Interior Lot

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Tile Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Property near a bay
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 48 / 147

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Estimated Year Built: 1985
  • Bay Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 3
  • Lot Size2: 80 x 90
  • Price per Sq Ft: 32.05
  • Selling Agent1: 2310
  • Selling Office1: 728
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Included: Range
  • Interior Amenities: Fireplace- Gas, Whirlpool, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1872
  • Other Rooms: Living Room, Kitchen, Recreation/Family, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Outside Features: Deck, Porch

Garage/Parking

  • Parking Garage: Garage, Detached

Utilities

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

Lot Info

  • Lot Number: 48
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3795.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 8, 2017
Sold by
Island Source Iii Llc
Bought by
Johnson Robert L and Naylor Kristya
Seller's Agent
Donna Stamile
H N HAND REALTORS
Buyer's Agent
Dan Harris
WEICHERT REALTORS CITY TO SHORE
List Price
$79,900
Sold Price
$60,002
Premium/Discount to List
-$19,898
-24.9%
Current Estimated Value
$474,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,122
Avg. Annual Appreciation
28.55%

Purchase Details

Closed on
May 31, 2017
Sold by
Umb Bank National Association
Bought by
Island Source Iii Llc

Purchase Details

Closed on
Feb 12, 2016
Sold by
Stem Christopher M and Stem Denise Michelle
Bought by
Umb Bank National Association and Mart Legal Title Trust

Purchase Details

Closed on
Nov 9, 2007
Sold by
Demalavez Michael and Arcidiacono Sue M
Bought by
Stem Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,338
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2005
Sold by
Arcidiacono Sue M and Demalavez Michael
Bought by
Demalavez Michael and Arcidiacono Sue M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2004
Sold by
Demalavez Susan and Arcidiacono Susan M
Bought by
Arcidiacono Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
11.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2001
Sold by
Champion Mtg
Bought by
Demalavez Susan
Source: Public Records

Range of Values:

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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
Johnson Robert L $62,002 Shore Title Agency
Island Source Iii Llc $35,750 None Available
Umb Bank National Association -- None Available
Stem Christopher M $212,000 The Title Company Of Jersey
Demalavez Michael -- --
Arcidiacono Susan M -- New Vision Title Agency Llc
Demalavez Susan $53,000 --
Demalavez Susan $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stem Christopher M $210,338
Previous Owner Demalavez Michael $165,000
Previous Owner Demalavez Michael $144,000
Previous Owner Arcidiacono Susan M $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $60,002 -24.9% $32 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $79,900 -- $43 / 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 $4,433 $219,000 $93,100 $125,900
2024 $4,433 $219,000 $93,100 $125,900
2023 $4,362 $219,000 $93,100 $125,900
2022 $4,233 $219,000 $93,100 $125,900
2021 $4,102 $219,000 $93,100 $125,900
2020 $4,034 $219,000 $93,100 $125,900
2019 $3,938 $219,000 $93,100 $125,900
2018 $3,848 $219,000 $93,100 $125,900
2017 $3,848 $219,000 $93,100 $125,900
2016 $3,795 $219,000 $93,100 $125,900
2015 $3,675 $219,000 $93,100 $125,900
2014 $3,541 $219,000 $93,100 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176653

Cape May County Association of REALTORS®

APN: 05-00147-0000-00048