NOT LISTED FOR SALE

314 Jefferson St Cape May, NJ 08204

Estimated Value: $1,915,000 - $2,401,000

6 Beds
2 Baths
2,331 Sq Ft
$921/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $1,500,000 $644 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,149/month

111 Days on Market

Highlights

  • The property is located in a historic district
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Patio

About This Home

As of September 2021

This home is located at 314 Jefferson St, Cape May, NJ 08204 since 06 May 2021 and is currently estimated at $2,146,536, approximately $920 per square foot. This property was built in 1920. 314 Jefferson St is a home located in Cape May County with nearby schools including Cape May City Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Jane Menendez

Tim Kerr Sotheby's International Realty Listed on: 05/06/2021

Co-Listed By

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty

Last Buyer's Agent

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm

LONG & FOSTER REAL ESTATE, INC cm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,465

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 40x100
  • Sprinkler System
  • Property is zoned R-S

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,331 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Storage
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Parking Pad
  • Shared Driveway

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 1073

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,465

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Historical District
  • District Township: 02-Cape May City
  • Near: Everything
  • Also Includes: Blinds, Fireplace Equipment, Partial Furniture
  • Estimated Year Built: 1920
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 314
  • Listing Office2: 19
  • Lot Size2: 40X100
  • Price per Sq Ft: 643.5
  • Selling Agent1: 2758
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Natural Gas
  • Interior Amenities: Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Total Rooms: 11
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2331
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • House Color: Yellow
  • Outside Features: Patio, Porch, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 1 Car, Detached, Concrete Driveway, Shared Driveway

Utilities

  • Cooling: Other Air Conditioning, Window Air Conditioning
  • Heating: Gas Natural, Radiator, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 13
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 872700
  • Zoning: R-S

Tax Info

  • Taxes: 8465.19
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Sep 23, 2021
Sold by
Ricart Luis E and Ricart Louise F
Bought by
Buck John R and Buck Amy T
Seller's Agent
Jane Menendez
Tim Kerr Sotheby's International Realty
Buyer's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Current Estimated Value
$2,146,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,536
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
May 28, 1999
Sold by
Moore John
Bought by
Ricart Luis and Ricart Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.85%
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
Buck John R $1,500,000 None Available
Ricart Luis $277,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricart Luis $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $1,500,000 -9.1% $644 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,650,000 -- $708 / 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 $9,224 $872,700 $652,000 $220,700
2024 $9,224 $872,700 $652,000 $220,700
2023 $9,373 $872,700 $652,000 $220,700
2022 $9,006 $872,700 $652,000 $220,700
2021 $6,682 $872,700 $652,000 $220,700
2020 $8,465 $872,700 $652,000 $220,700
2019 $8,614 $872,700 $652,000 $220,700
2018 $8,125 $872,700 $652,000 $220,700
2017 $7,650 $865,400 $652,000 $213,400
2016 $7,200 $865,400 $652,000 $213,400
2015 $7,486 $865,400 $652,000 $213,400
2014 $7,486 $865,400 $652,000 $213,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211644

Cape May County Association of REALTORS®

APN: 02-01073-0000-00013