NOT LISTED FOR SALE

402 Reading Ave Cape May, NJ 08204

Estimated Value: $1,781,000 - $2,269,000

3 Beds
3 Baths
1,764 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $1,650,000 $935 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,855/month

4 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2021

Shown by appointment only.

Last Agent to Sell the Property

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty Listed on: 08/11/2021

Last Buyer's Agent

Thomas Shagren

JERSEY CAPE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,020

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 63x100
  • Fenced Yard
  • Interior Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Garage
  • Parking Pad

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 13 / 1119

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,020

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 02-Cape May City
  • Near: Beach
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 1955
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Lot Size2: 63X100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Walk in Closet, Tile Flooring
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 1764
  • Other Rooms: Living Room, Kitchen, Dining Area, Great Room, Storage Attic, 1st Floor Primary Bedroom, Laundry Closet

Exterior Features

  • Construction: Ranch, Contemporary, See Remarks
  • Exterior: Vinyl
  • Frontage: 63
  • House Color: Beige
  • Outside Features: Patio, Deck, Porch, Grill, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, See Remarks

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 13
  • Lot Size: 6001-10000 SqFt
  • Total Assessment: 620600

Tax Info

  • Taxes: 6019.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2023
Sold by
Blake Sean Christopher and Blake Sarah Noel
Bought by
402 Reading-Gji Llc
Current Estimated Value
$1,966,599

Purchase Details

Closed on
Oct 29, 2004
Sold by
Askey Llc
Bought by
Nagele Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
402 Reading-Gji Llc -- None Listed On Document
402 Reading-Gji Llc -- None Listed On Document
Nagele Janice $549,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nagele Janice $439,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $1,650,000 0.0% $935 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $1,650,000 +69.2% $935 / Sq Ft
07/19/2019 07/19/19 Sold $975,000 0.0% $1,270 / Sq Ft View Prior Sale
05/19/2019 05/19/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $975,000 -- $1,270 / 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 $6,742 $637,800 $436,900 $200,900
2024 $6,742 $637,800 $436,900 $200,900
2023 $6,850 $637,800 $436,900 $200,900
2022 $6,405 $620,600 $436,900 $183,700
2021 $6,318 $620,600 $436,900 $183,700
2020 $6,020 $620,600 $436,900 $183,700
2019 $6,125 $620,600 $436,900 $183,700
2018 $5,778 $620,600 $436,900 $183,700
2017 $5,486 $620,600 $436,900 $183,700
2016 $5,163 $620,600 $436,900 $183,700
2015 $5,368 $620,600 $436,900 $183,700
2014 $5,368 $620,600 $436,900 $183,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2021

    Thomas Shagren

    JERSEY CAPE REALTY

    (609) 774-1425

    66 in this area

    99 Total Sales

    Thomas Shagren
    Section Image

  • E

    Seller's Agent in 2019

    Ellen M. Shaw, GRI

    LONG & FOSTER REAL ESTATE, INC cm

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 212972

Cape May County Association of REALTORS®

APN: 02-01119-0000-00013

New Jersey Cape May County Cape May 08204

402 Reading Ave, Cape May, NJ

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