NOT LISTED FOR SALE

320 Jefferson St Cape May, NJ 08204

Estimated Value: $1,942,000 - $2,632,000

4 Beds
3 Baths
2,265 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $1,600,000 $706 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $12,975/month

73 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Porch
  • Wood Flooring
  • Fenced Yard
  • Living Room

About This Home

As of March 2021

Average weekly rental in 2020 was $3,400 - $4,300 home sleeps 12 please request profit and loss information Due to increased interest in the property seller is calling for highest and best by 6pm Sunday February 21st

Last Agent to Sell the Property

Tai Menz

COASTLINE REALTY, LLC Listed on: 12/11/2020

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,895

Year Built

  • Built in 1930

Lot Details

  • Fenced Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Wood Flooring
  • Exterior Basement Entry
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Grill
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1073 / 10.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,895

Year Built

Built in 1930

Lot Details

0.9 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 02-Cape May City
  • Also Includes: Curtains, Blinds, Rugs, Window Treatments
  • Estimated Year Built: 1930
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Lot Size2: 39x100irr
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Stove Natural Gas
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Outside Entrance
  • Estimated Living Sq Ft: 2265
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Shingle
  • Outside Features: Deck, Porch, Grill, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car

Utilities

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

Lot Info

  • Lot Number: 1073
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 7895.01
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Mar 25, 2021
Sold by
Cantor Caitlin R
Bought by
Welden Richard S and Welden Eve L
Seller's Agent
Tai Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$1,717,000
Sold Price
$1,600,000
Premium/Discount to List
-$117,000
-6.81%
Current Estimated Value
$2,296,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,198
Avg. Annual Appreciation
7.48%
Original Mortgage
$1,200,000
Outstanding Balance
$1,081,104
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,215,094

Purchase Details

Closed on
May 9, 2019
Sold by
Cantor Watersports Ent
Bought by
Cantor Caitlin R

Purchase Details

Closed on
Oct 18, 2016
Sold by
Cantor Joshua D
Bought by
Cantor Watersports Enterprises Llc

Purchase Details

Listed on
Feb 4, 2015
Closed on
Apr 8, 2016
Sold by
Hebert Hebert J and Hebert Victoria
Bought by
Cantor Joshua D
Seller's Agent
Dagmer Chew
HOMESTEAD REAL ESTATE CO. INC.
List Price
$799,999
Sold Price
$700,000
Premium/Discount to List
-$99,999
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Jan 24, 2005
Sold by
Sorensen Mark R and Sorensen Valerie
Bought by
Hebert J Gerald and Hebert Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1998
Sold by
Feimster Richard P
Bought by
Sorensen Mark R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1992
Sold by
Feimster Robert L
Bought by
Crwford Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welden Richard S $1,600,000 Misc Company
Cantor Caitlin R -- --
Cantor Watersports Enterprises Llc $523,999 None Available
Cantor Joshua D $700,000 None Available
Hebert J Gerald $787,500 The Title Company Of Jersey
Sorensen Mark R $215,000 --
Crwford Alan $66,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welden Richard S $1,200,000
Previous Owner Hebert J Gerald $630,000
Previous Owner Sorensen Mark R $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2021 03/25/21 Sold $1,600,000 -6.8% $706 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $1,717,000 +145.3% $758 / Sq Ft
04/15/2016 04/15/16 Sold $700,000 -12.5% $309 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
02/04/2015 02/04/15 For Sale $799,999 -- $353 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $8,455 $799,900 $652,000 $147,900
2024 $8,591 $799,900 $652,000 $147,900
Source: Public Records

Agents Affiliated with this Home

  • Tai Menz

    Seller's Agent in 2021

    Tai Menz

    COASTLINE REALTY, LLC

    (609) 602-8061

    12 in this area

    104 Total Sales

    Tai Menz
    Section Image
  • Carol Menz

    Buyer's Agent in 2021

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    90 in this area

    247 Total Sales

    Carol Menz
    Section Image

  • D

    Seller's Agent in 2016

    Dagmer Chew

    HOMESTEAD REAL ESTATE CO. INC.

    (609) 884-1888

    11 in this area

    50 Total Sales

    Dagmer Chew
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204724

Cape May County Association of REALTORS®

APN: 02-01073-0000-00010-02

New Jersey Cape May County Cape May 08204

320 Jefferson St, Cape May, NJ

Not Listed for Sale

Detached

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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