NOT LISTED FOR SALE

402 Reading Ave Cape May, NJ 08204

Cape May Area

Estimated Value: $1,862,000 - $2,205,754

3 Beds
3 Baths
1,764 Sq Ft
$1,145/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2021

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

Est. 22% increase in value since last sale

Current estimated payment $11,664 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

1.45 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2023
Sold by
Bought by
Current Estimated Value
$2,019,939

Purchase Details

Listed on
May 10, 2019
Closed on
Jul 19, 2019
Sold by
Bought by
Seller's Agent
Ellen M. Shaw, GRI
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Christina P. Clemans, ABR, CRS, GRI
Tim Kerr Sotheby's International Realty
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$780,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cape May, NJ

  • Courtney Romberger Real Estate Agent - JERSEY CAPE REALTY

    Courtney Romberger

    JERSEY CAPE REALTY

    (609) 780-9248

    63 Total Sales

    7 in Cape May

    $435K - $2.1M Price Range

    Courtney Romberger
     Section Image
  • Christopher Ferzoco Real Estate Agent - KELLER WILLIAMS REALTY JERSEY SHORE - SIC

    Christopher Ferzoco

    KELLER WILLIAMS REALTY JERSEY SHORE - SIC

    (855) 635-3436

    202 Total Sales

    3 in Cape May

    $480K - $2.5M Price Range

    Christopher Ferzoco
     Section Image
  • Debbie Particelli Real Estate Agent - Compass RE

    Debbie Particelli

    Compass RE

    (610) 510-6783

    41 Total Sales

    1 in Cape May

    $1,925,000 Price

    Debbie Particelli
     Section Image
  • Bradley Vogdes Real Estate Agent - ATLANTIS REALTY

    Bradley Vogdes

    ATLANTIS REALTY

    (609) 849-3780

    98 Total Sales

    3 in Cape May

    $760K - $2.2M Price Range

    Bradley Vogdes
     Section Image
  • Fredric Spackman Real Estate Agent - Cape May County Real Estate Brokers, LLC

    Fredric Spackman

    Cape May County Real Estate Brokers, LLC

    (609) 913-3008

    50 Total Sales

    5 in Cape May

    $515K - $1.6M Price Range

    Fredric Spackman
     Section Image
  • Francis Jannotta Real Estate Agent - COASTAL ELITE REALTY

    Francis Jannotta

    COASTAL ELITE REALTY

    (609) 542-2738

    87 Total Sales

    2 in Cape May

    $560K - $1.4M Price Range

    Francis Jannotta
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$975,000 Title Company Of Jersey
$549,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $780,000
Previous Owner $439,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,742 $637,800 $436,900 $200,900
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

    90 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

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.