NOT LISTED FOR SALE

33 42nd St Unit 304 Sea Isle City, NJ 08243

Estimated Value: $1,318,701 - $1,739,000

4 Beds
3 Baths
1,722 Sq Ft
-- Built

Last Sold July 24, 2020

Last sale price $830,000 $482 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,785/month

300 Days on Market

Highlights

  • Water Views
  • New Construction
  • Building is beachfront but unit may not have water views
  • Ocean City Primary School Rated A
  • Property is near a beach
  • 3-minute walk to JFK Boulevard Bay Park Playground

About This Home

As of July 2020

Some Pictures are artist renderings of building and interior unit Copy of Condo doc and DCA approvals available

Last Agent to Sell the Property

Bill McGinn

RE/MAX PREFERRED SEA ISLE Listed on: 08/27/2019

RE/MAX PREFERRED SEA ISLE

Co-Listed By

Francis Patrick Feola

RE/MAX PREFERRED SEA ISLE License #1007138

Last Buyer's Agent

Kathleen Craig

BERKSHIRE HATHAWAY HS FOX & ROACH sic

Property Details

Home Type

  • Condominium

Home Design

  • New Construction

Interior Spaces

  • 1,722 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Den
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Outdoor Features

  • Property is near a beach
  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 1.02,2.01, / 41.02

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Location: Beach Block, Water View
  • District Township: 09-Sea Isle City
  • Near: Beach, Center of Town
  • Estimated Year Built: NEW
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Second Address Number: 33
  • Listing Office2: 208
  • Price per Sq Ft: 482
  • Selling Agent1: 3448
  • Selling Office1: 603
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1722
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area

Garage/Parking

  • Parking: Carport, 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: Unit 304
  • Common Area Features: Elevator, Enclosed/Cov. Porch, Storage Facilities
  • Condo Fees: aprox 1kQt
  • Unit Features: Walk-In/Cedar Closet, Hardwood Floors, Tile Floors
  • Unit Location: First Floor, Water View

Lot Info

  • Lot Number: 1.02,2.01,

Tax Info

  • Taxes: 999999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jul 24, 2020
Sold by
A & L Llc
Bought by
Demaio Nicholas P and Demaio Allison L
Seller's Agent
Bill McGinn
RE/MAX at the Sea - sic
Buyer's Agent
Kathleen Craig
BERKSHIRE HATHAWAY HS FOX & ROACH sic
List Price
$867,000
Sold Price
$830,000
Premium/Discount to List
-$37,000
-4.27%
Current Estimated Value
$1,502,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,425
Avg. Annual Appreciation
12.29%
Original Mortgage
$664,000
Outstanding Balance
$589,256
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$913,169
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
Demaio Nicholas P $830,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demaio Nicholas P $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $830,000 -4.3% $482 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $867,000 -- $503 / 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 $7,364 $823,700 $534,100 $289,600
2024 $7,364 $823,700 $534,100 $289,600
2023 $7,018 $823,700 $534,100 $289,600
2022 $6,598 $823,700 $534,100 $289,600
2021 $6,293 $823,700 $534,100 $289,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 189263

Cape May County Association of REALTORS®

APN: 09 00041- 02-00001-0000-C-304