$7,750,000
SOLD NOV 17, 2023

327 88th St Stone Harbor, NJ 08247

8 Beds
8 Baths
5,000 Sq Ft
2.41 Acres

Recently Sold

$1,550 Per Sq Ft

2% Below List Price

118 Days on Market

Highlights

  • Water Views
  • New Construction
  • Deck
  • Stone Harbor Elementary School Rated A
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of November 2023

This home is located at 327 88th St, Stone Harbor, NJ 08247 and is currently priced at $7,750,000, approximately $1,550 per square foot. This property was built in 2023. 327 88th St is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Nicholas Giuffre

COMPASS RE - Avalon Listed on: 04/07/2023

Last Buyer's Agent

Miriam Kauterman

AVALON/STONE HARBOR REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,973

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 105x110
  • Fenced Yard
  • Sprinkler System

Home Design

  • Upside Down Style Home

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 132 / 8804

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,973

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Water View
  • District Township: 10-Stone Harbor
  • Also Includes: Furniture
  • Estimated Year Built: 2023
  • New Construction: Yes
  • Second Address Number: 327
  • Lot Size2: 105x110
  • Price per Sq Ft: 1550
  • Selling Agent1: 358
  • Selling Office1: 216
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Wine Cooler
  • Interior Amenities: Bar, Cathedral Ceilings, Elevator, Fireplace- Gas, Wood Flooring, Security System, Storage, Walk in Closet, Tile Flooring, 1763, 1764
  • Total Bathrooms: 8.2
  • Full Bathrooms: 8
  • Bedrooms: 8
  • Total Rooms: 12
  • Estimated Living Sq Ft: 5000
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Pantry, Laundry/Utility Room, Great Room, Laundry Closet

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Shingle
  • Outside Features: Deck, Enclosed/Covered Patio, Porch, Screened Porch, Grill, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa, Sprinkler System, 1767

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Attached, Auto Door Opener, 4 car parking

Utilities

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

Lot Info

  • Lot Number: 132
  • Lot Size: 10000-20000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 8973
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Nov 17, 2023
Sold by
327 88 Street Llc and 327 88Th Street Llc
Bought by
Michael Reilly Sr Qualified Personal Residenc and Reilly
Seller's Agent
Nicholas Giuffre
COMPASS RE - Avalon
Buyer's Agent
Miriam Kauterman
AVALON/STONE HARBOR REAL ESTATE
List Price
$7,895,000
Sold Price
$7,750,000
Premium/Discount to List
-$145,000
-1.84%
Views
440
Current Estimated Value
$7,045,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$704,350
Avg. Annual Appreciation
-8.22%

Purchase Details

Listed on
Jun 5, 2022
Closed on
Nov 3, 2022
Sold by
Naselli Francis and Naselli Christy
Bought by
327 88Th Street Llc
Seller's Agent
Paul Hughes
RE/MAX SURFSIDE
Buyer's Agent
Nicholas Giuffre
COMPASS RE - Avalon
List Price
$4,600,000
Sold Price
$2,800,000
Premium/Discount to List
-$1,800,000
-39.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
166.16%
Original Mortgage
$1,400,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2021
Closed on
Jul 15, 2021
Sold by
Grant Leonard T Est
Bought by
Naselli Francis and Naselli Christy
Seller's Agent
Hugh Merkle
COMPASS RE - Stone Harbor
Buyer's Agent
Paul Hughes
RE/MAX SURFSIDE
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$1,920,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1994
Sold by
Spuhler Joseph
Bought by
Grant Leonrd T and Grant Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.29%

Purchase Details

Closed on
Mar 16, 1993
Sold by
Tyson John Allen and Tyson Miriam
Bought by
Spuhler Joseph

Purchase Details

Closed on
Aug 10, 1988
Sold by
Nonamaker R Decd Tysonm Exec
Bought by
Tyson John and Tyson Miriam
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $7,750,000 Shore Title
Deed $2,800,000 Seaboard Title
Deed $2,400,000 None Available
Deed $215,000 --
Quit Claim Deed $165,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,600,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,400,000 New Conventional
Previous Owner $1,920,000 Purchase Money Mortgage
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $7,750,000 -1.8% $1,550 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $7,895,000 +182.0% $1,579 / Sq Ft
11/03/2022 11/03/22 Sold $2,800,000 -12.5% --
08/30/2022 08/30/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $3,200,000 -8.6% --
07/21/2022 07/21/22 Price Changed $3,500,000 -16.7% --
06/21/2022 06/21/22 Price Changed $4,200,000 -8.7% --
06/05/2022 06/05/22 For Sale $4,600,000 +91.7% --
07/15/2021 07/15/21 Sold $2,400,000 -12.7% $1,000 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $2,750,000 -- $1,146 / 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 $9,700 $3,468,900 $1,296,800 $2,172,100
2024 $9,700 $1,296,800 $1,296,800 $0
2023 $9,531 $1,296,800 $1,296,800 $0
2022 $8,974 $1,296,800 $1,296,800 $0
2021 $10,038 $1,530,600 $1,342,300 $188,300
2020 $9,337 $1,530,600 $1,342,300 $188,300
2019 $8,770 $1,530,600 $1,342,300 $188,300
2018 $8,449 $1,530,600 $1,342,300 $188,300
2017 $7,794 $1,404,400 $1,227,200 $177,200
2016 $7,514 $1,404,400 $1,227,200 $177,200
2015 $7,373 $1,404,400 $1,227,200 $177,200
2014 $7,275 $1,404,400 $1,227,200 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230904

Cape May County Association of REALTORS®

APN: 10-00088-04-00132