NOT LISTED FOR SALE

322 Breakwater Rd Cape May, NJ 08204

Estimated Value: $464,646 - $526,000

6 Beds
2 Baths
20,329 Sq Ft
$24/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $285,000 $14 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,877/month

14 Days on Market

About This Home

As of July 2021

This home is located at 322 Breakwater Rd, Cape May, NJ 08204 since 24 May 2021 and is currently estimated at $483,162, approximately $23 per square foot. 322 Breakwater Rd is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

Last Agent to Sell the Property

Deborah A. Colubiale GRI, CRS

deSatnick Real Estate LLC - Lower Township Listed on: 05/24/2021

Last Buyer's Agent

Deborah A. Colubiale GRI, CRS

deSatnick Real Estate LLC - Lower Township Listed on: 05/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,350

Lot Details

  • Lot Dimensions are 95x214

Parking

  • Shared Driveway

Home Design

  • Duplex

Interior Spaces

  • 20,329 Sq Ft Home
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Zoned Heating
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Private Sewer

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 5.03 / 497.07

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,350

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 05-Lower Township
  • Near: Cape May Airport
  • New Construction: No
  • Second Address Number: 322
  • Lot Size2: 95x214
  • Selling Agent1: 914
  • Selling Office1: 4
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space
  • Total Sq Ft: 20329
  • Other Rooms: Living Room, Kitchen

Garage/Parking

  • Parking: Shared Driveway

Utilities

  • Separate Meter: Cable TV, Electric, Heat, Water
  • Heating: Electric, Multi-Zoned
  • Hot Water: Electric
  • Sewer: Private
  • Water: City

Lot Info

  • Lot Number: 5.03
  • Lot Size: 10001 to 20000 SqFt

Tax Info

  • Taxes: 3350

Multi Family

  • Number Of Units: 2
  • Total Rent: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 30, 2021
Sold by
Breakwater Llc
Bought by
Zheng Feng
Seller's Agent
Deborah A. Colubiale GRI, CRS
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Deborah A. Colubiale GRI, CRS
deSatnick Real Estate LLC - Lower Township
List Price
$379,000
Sold Price
$285,000
Premium/Discount to List
-$94,000
-24.8%
Current Estimated Value
$469,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,355
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Jun 25, 2007
Sold by
Dupuy Ronald J and Dupuy Helga I
Bought by
Breakwater Llc
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
Zheng Feng $285,000 Misc Company
Breakwater Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $285,000 -24.8% $14 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $379,000 -- $19 / 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 $3,681 $180,900 $79,100 $101,800
2024 $3,681 $180,900 $79,100 $101,800
2023 $3,625 $180,900 $79,100 $101,800
2022 $3,515 $180,900 $79,100 $101,800
2021 $3,401 $180,900 $79,100 $101,800
2020 $3,350 $180,900 $79,100 $101,800
2019 $3,260 $180,900 $79,100 $101,800
2018 $3,184 $180,900 $79,100 $101,800
2017 $3,186 $180,900 $79,100 $101,800
2016 $3,142 $180,900 $79,100 $101,800
2015 $3,041 $180,900 $79,100 $101,800
2014 $2,941 $180,900 $79,100 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211866

Cape May County Association of REALTORS®

APN: 05-00497-07-00005-03