NOT LISTED FOR SALE

301 Atlantic Ave Cape May, NJ 08204

Estimated Value: $835,000 - $1,158,000

3 Beds
1 Bath
1,209 Sq Ft
$822/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $785,000 $649 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,796/month

66 Days on Market

Highlights

  • Island Location
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • West Cape May Elementary School Rated A
  • Deck
  • Corner Lot

About This Home

As of January 2022

This home is located at 301 Atlantic Ave, Cape May, NJ 08204 since 29 September 2021 and is currently estimated at $993,472, approximately $821 per square foot. 301 Atlantic Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 09/29/2021

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 09/29/2021

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,462

Lot Details

  • Lot Dimensions are 75 x 75
  • Corner Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,209 Sq Ft Home
  • Living Room
  • Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,462

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island, See Remarks
  • District Township: 12-West Cape May
  • Near: Bird Sanctuary
  • New Construction: No
  • Second Address Number: 301
  • Lot Size2: 75 X 75
  • Price per Sq Ft: 649.3
  • Selling Agent1: 525
  • Selling Office1: 72
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet, Laminate Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1209
  • Other Rooms: Living Room, Dining Room, Kitchen, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Cape Cod, See Remarks
  • Exterior: Vinyl
  • Frontage: 75
  • House Color: YELLOW
  • Outside Features: Patio, Deck, Screened Porch, Storage Building, Cable TV, Outside Shower, See Remarks

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 7
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 338300
  • Zoning: R-1

Tax Info

  • Taxes: 4462
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Jan 10, 2022
Sold by
Gorski Gerald E and Gorski Kathleen S
Bought by
Recigno David P and Recigno Danielle M
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Current Estimated Value
$993,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,472
Avg. Annual Appreciation
6.65%
Original Mortgage
$628,000
Outstanding Balance
$580,773
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$412,699

Purchase Details

Closed on
May 9, 2008
Sold by
Gorski Gerald E
Bought by
Gorski Gerald E and Gorski Kathleen S

Purchase Details

Closed on
Apr 27, 2006
Sold by
Cherry Vivien
Bought by
Gorski Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,880
Interest Rate
6.34%
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
Recigno David P $785,000 Shore Title
Recigno David P $785,000 Shore Title
Gorski Gerald E -- None Available
Gorski Gerald E $377,500 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recigno David P $628,000
Closed Recigno David P $628,000
Previous Owner Gorski Gerald E $276,000
Previous Owner Gorski Gerald E $290,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $785,000 -1.8% $649 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $799,000 -- $661 / 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 $5,088 $338,300 $261,200 $77,100
2024 $5,088 $338,300 $261,200 $77,100
2023 $5,146 $338,300 $261,200 $77,100
2022 $4,584 $338,300 $261,200 $77,100
2021 $4,242 $338,300 $261,200 $77,100
2020 $4,462 $338,300 $261,200 $77,100
2019 $4,242 $338,300 $261,200 $77,100
2018 $4,280 $338,300 $261,200 $77,100
2017 $4,134 $338,300 $261,200 $77,100
2016 $4,134 $338,300 $261,200 $77,100
2015 $3,887 $338,300 $261,200 $77,100
2014 $3,887 $338,300 $261,200 $77,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213646

Cape May County Association of REALTORS®

APN: 12 00044-0000-00007- 01