NOT LISTED FOR SALE

402 Atlantic Ave Cape May, NJ 08204

Estimated Value: $1,247,000 - $1,703,000

4 Beds
3 Baths
2,296 Sq Ft
$645/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $950,000 $414 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,513/month

9 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of March 2021

The home owners do not rent but sleeping 12 you may be able to ask $5000 a week or more. There appears to be room for a pool, please see attachment in associated docs.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 01/12/2021

Last Buyer's Agent

Nichole Koch

CENTURY 21 ALLIANCE wc

CENTURY 21 ALLIANCE wc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,933

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 60 x 125
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Sprinkler System

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Den
  • Screened Porch
  • Storage
  • Water Views
  • Storage In Attic
  • Alarm System

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 4 Car Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 12 / 632

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,933

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Mainland, Water View
  • District Township: 05-Lower Township
  • Near: water views
  • Also Includes: Partial Furniture, Window Treatments
  • Estimated Year Built: 2016
  • New Construction: No
  • Second Address Number: 402
  • Lot Size2: 60 x 125
  • Price per Sq Ft: 413.76
  • Selling Agent1: 2214
  • Selling Office1: 802
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Wine Cooler
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2296
  • Other Rooms: Kitchen, Den/TV Room, Great Room, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Two Story, Upside Down
  • Exterior: Vinyl
  • Frontage: 60
  • Outside Features: Deck, Porch, Screened Porch, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, Sprinkler System

Garage/Parking

  • Parking Garage: Parking Pad, Concrete Driveway, 4 car parking

Utilities

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

Lot Info

  • Lot Number: 12
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 6932.77
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 5, 2021
Sold by
Fitton Lisa A and Zellers Betty J
Bought by
Jenkins Gregory and Jenkins Dianne
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Nichole Koch
CENTURY 21 ALLIANCE wc
List Price
$925,000
Sold Price
$950,000
Premium/Discount to List
$25,000
2.7%
Current Estimated Value
$1,481,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,782
Avg. Annual Appreciation
10.85%
Original Mortgage
$475,000
Outstanding Balance
$426,770
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,094,616

Purchase Details

Closed on
Jul 27, 1998
Sold by
Falcone Michael A
Bought by
Fitton Lisa A and Zellers Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.92%

Purchase Details

Closed on
Jul 8, 1996
Sold by
Chepurny Walter
Bought by
Falcone Michael and Falcone Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.98%

Purchase Details

Closed on
Jul 5, 1990
Sold by
Trusello Joseph J
Bought by
Chepurny Walter S
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
Jenkins Gregory $950,000 Misc Company
Fitton Lisa A $95,000 --
Falcone Michael $80,000 --
Chepurny Walter S $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Gregory $475,000
Previous Owner Fitton Lisa A $76,000
Previous Owner Falcone Michael $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $950,000 +2.7% $414 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $925,000 -- $403 / 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 $7,879 $388,500 $208,400 $180,100
2024 $7,879 $388,500 $208,400 $180,100
2023 $7,766 $388,500 $208,400 $180,100
2022 $7,529 $388,500 $208,400 $180,100
2021 $7,225 $384,300 $208,400 $175,900
2020 $7,110 $384,300 $208,400 $175,900
2019 $6,933 $384,300 $208,400 $175,900
2018 $6,768 $384,300 $208,400 $175,900
2017 $6,775 $384,300 $208,400 $175,900
2016 $4,328 $249,300 $208,400 $40,900
2015 $4,188 $249,300 $208,400 $40,900
2014 $4,051 $249,300 $208,400 $40,900
Source: Public Records

Agents Affiliated with this Home

  • Carol Menz

    Seller's Agent in 2021

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    116 in this area

    274 Total Sales

    Carol Menz
    Section Image

  • N

    Buyer's Agent in 2021

    Nichole Koch

    CENTURY 21 ALLIANCE wc

    (609) 827-0863

    47 in this area

    73 Total Sales

    Nichole Koch
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210117

Cape May County Association of REALTORS®

APN: 05-00632-0000-00012

New Jersey Cape May County Cape May 08204

402 Atlantic Ave, Cape May, NJ

This home is located at 402 Atlantic Ave, Cape May, NJ 08204 since 12 January 2021 and is currently estimated at $1,481,782, approximately $645 per square foot. This property was built in 2016. 402 Atlantic Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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