NOT LISTED FOR SALE

304 Second Ave Cape May, NJ 08204

Estimated Value: $1,660,000 - $2,132,000

4 Beds
3 Baths
2,200 Sq Ft
$836/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $825,000 $375 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,776/month

Highlights

  • New Construction
  • Island Location
  • Wood Flooring
  • West Cape May Elementary School Rated A
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of May 2018

This home is located at 304 Second Ave, Cape May, NJ 08204 since 09 November 2017 and is currently estimated at $1,839,618, approximately $836 per square foot. 304 Second 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: 11/09/2017

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,999

Lot Details

  • Lot Dimensions are 50 x 160
  • Interior Lot
  • Sprinkler System
  • Cleared Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • New Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Stove
  • Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Cleared Lot, Inside Lot, Island, See Remarks
  • District Township: 12-West Cape May
  • Near: Atlantic
  • Also Includes: See Remarks
  • Estimated Year Built: new
  • New Construction: Yes
  • Second Address Number: 304
  • Lot Size2: 50 X 160
  • Price per Sq Ft: 375
  • Selling Agent1: 3225
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm, Walk in Closet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Crawl Space, See Remarks
  • Estimated Living Sq Ft: 2200
  • Other Rooms: Living Room, Dining Room, Kitchen, See Remarks, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story
  • Exterior: Other
  • Frontage: 50
  • Outside Features: Deck, Porch, Cable TV, Outside Shower, See Remarks, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12
  • Lot Size: 6001-10000 SqFt
  • Zoning: Residentia

Tax Info

  • Taxes: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2017
Closed on
May 9, 2018
Sold by
1722 Star Llc
Bought by
Mayers Thomas and Myers Diane
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%
Current Estimated Value
$1,839,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,014,618
Avg. Annual Appreciation
11.40%
Original Mortgage
$500,000
Outstanding Balance
$430,517
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,409,101

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 31, 2017
Sold by
Gaither Donald G and Rooks Paula F
Bought by
1722 Star Llc
Seller's Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
533.92%
Original Mortgage
$550,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2017
Sold by
Gaither Donald G and The Estate Of Corrine S Rooks
Bought by
Gaither Donald G and Rooks Paula F
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
Mayers Thomas $825,000 --
1722 Star Llc $340,000 Shore Title Agency Inc
Gaither Donald G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayers Thomas $500,000
Previous Owner 1722 Star Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $825,000 -2.8% $375 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
11/09/2017 11/09/17 For Sale $849,000 +149.7% $386 / Sq Ft
11/07/2017 11/07/17 Sold $340,000 0.0% $362 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $340,000 -- $362 / 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 $12,274 $816,100 $260,000 $556,100
2024 $12,274 $816,100 $260,000 $556,100
2023 $12,413 $816,100 $260,000 $556,100
2022 $11,058 $816,100 $260,000 $556,100
2021 $10,446 $816,100 $260,000 $556,100
2020 $10,764 $816,100 $260,000 $556,100
2019 $10,234 $816,100 $260,000 $556,100
2018 $3,289 $260,000 $260,000 $0
2017 $4,134 $338,300 $260,000 $78,300
2016 $4,134 $338,300 $260,000 $78,300
2015 $3,887 $338,300 $260,000 $78,300
2014 $3,887 $338,300 $260,000 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 179163

Cape May County Association of REALTORS®

APN: 12-00042-0000-00012