NOT LISTED FOR SALE

3 Oreo Way Cape May, NJ 08204

Estimated Value: $414,741 - $1,303,000

4.92 Acres
$174,567 Price per Acre
214,315 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $374,900

Est. 129% increase in value since last sale

Current estimated payment $4,826/month

127 Days on Market

Highlights

  • Waterfront
  • Island Location
  • Level Lot
  • 4.92 Acre Lot
  • Cul-De-Sac

About This Lot

As of June 2019

This home is located at 3 Oreo Way, Cape May, NJ 08204 since 09 January 2019 and is currently estimated at $858,871. 3 Oreo Way is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Agent to Sell the Property

Dagmer Chew

HOMESTEAD REAL ESTATE CO. INC. Listed on: 01/09/2019

Co-Listed By

Kenneth "Ken" Germann

deSatnick Real Estate LLC - Lower Township

Last Buyer's Agent

Tyler Keene

CAPE COASTAL PROPERTIES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,180

Lot Details

  • 4.92 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned Other (See Remarks)

Additional Features

  • Water Views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 18.02+38 / 753.01

Property Details

Property Type

Land

Est. Annual Taxes

$3,180

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • Location: Cul-de-sac, Other (See Remarks), Island, Water Front, Water View
  • District Township: 05-Lower Township
  • Near: On Cape May Island
  • OFFICELIST_ADDRESS2: 0000 Spicers Creek Peninsula
  • Second Address Number: 3
  • Listing Office2: 44
  • Lot Size2: 4.92 Ac
  • Price per Sq Ft: 76199.19
  • Selling Agent1: 5320
  • Selling Office1: 710
  • OFFICELIST_STATE: NJ
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 18.02+38
  • Lot Size: 1+ Acre to 5 Acres
  • Zoning: Res
  • Improvements: Paved Road, Other (See Remarks)
  • Number Of Acres: 4.92
  • Specific Lot Information: Other (See Remarks)
  • Topography: Level, Partially Cleared
  • Zoning: Residential, Other (See Remarks)

Tax Info

  • Taxes: 3180.46
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2009
Sold by
Sachar Jonathan and Whissell Gregory
Bought by
Hemingway James M and Hemingway Shirley A
Current Estimated Value
$858,871

Purchase Details

Closed on
Jan 24, 2006
Sold by
Oreo Charles C and Oreo Dorothy V
Bought by
Sachar Jonathan and Whissell Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.32%
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
Hemingway James M $190,000 None Available
Sachar Jonathan $800,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sachar Jonathan $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $374,900 0.0% --
01/09/2019 01/09/19 For Sale $374,900 -- --
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 $3,261 $160,800 $160,800 --
2024 $3,261 $160,800 $160,800 $0
2023 $3,214 $160,800 $160,800 $0
2022 $3,116 $160,800 $160,800 $0
2021 $3,023 $160,800 $160,800 $0
2020 $2,975 $160,800 $160,800 $0
2019 $2,901 $160,800 $160,800 $0
2018 $2,832 $160,800 $160,800 $0
2017 $2,835 $160,800 $160,800 $0
2016 $2,791 $160,800 $160,800 $0
2015 $2,701 $160,800 $160,800 $0
2014 $2,613 $160,800 $160,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 185573

Cape May County Association of REALTORS®

APN: 05-00753-01-00018-02