NOT LISTED FOR SALE

404 Lincoln Ave Cape May Point, NJ 08212

Estimated Value: $1,838,000 - $2,573,000

3 Beds
2 Baths
1,985 Sq Ft
$1,094/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $1,599,000 $806 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $13,075/month

1 Day on Market

Highlights

  • Beach Front
  • Deck
  • Cathedral Ceiling
  • Island Location
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of January 2021

This home is located at 404 Lincoln Ave, Cape May Point, NJ 08212 since 03 December 2020 and is currently estimated at $2,170,883, approximately $1,093 per square foot. This property was built in 1984. 404 Lincoln 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.

Last Agent to Sell the Property

Carol Menz

COASTLINE REALTY, LLC Listed on: 12/03/2020

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC Listed on: 12/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,770

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 50 x 100
  • Beach Front

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,985 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Location

  • Island Location

Utilities

  • Central Air
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,770

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Island
  • District Township: 03-Cape May Point
  • Near: Surf Ave
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 1984
  • New Construction: No
  • Second Address Number: 404
  • Lot Size2: 50 x 100
  • Price per Sq Ft: 805.54
  • Selling Agent1: 476
  • Selling Office1: 20
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Wood Flooring, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Estimated Living Sq Ft: 1985
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: Gray
  • Outside Features: Patio, Deck, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: 2 Car, Stone Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Baseboard, Hot Water
  • Hot Water: Summer/Winter Hook
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 1 to 6000 SqFt
  • Zoning: Res

Tax Info

  • Taxes: 6769.96
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 15, 2021
Sold by
Herker William and Herker Sharon
Bought by
Mustin Andrew J and Mustin Michelle M
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$1,599,000
Sold Price
$1,599,000
Current Estimated Value
$2,263,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$664,975
Avg. Annual Appreciation
7.59%
Original Mortgage
$1,279,200
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2008
Sold by
Hynes Dennis and Hynes Mary
Bought by
Herker William and Herker Sharon

Purchase Details

Closed on
Apr 9, 1999
Sold by
Dixon Charles
Bought by
Hynes Dennis and Hynes Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.04%

Purchase Details

Closed on
Jul 27, 1990
Sold by
Fulginiti Dominic and Fulginiti Rita H
Bought by
Dixon Charles and Dixon Edith
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
Mustin Andrew J $1,599,000 Misc Company
Herker William $1,200,000 None Available
Hynes Dennis $440,000 --
Dixon Charles $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grosshanten Mark A $599,920
Open Mustin Andrew J $1,262,000
Closed Mustin Andrew J $1,279,200
Previous Owner Herker William $500,000
Previous Owner Herker William L $1,700,000
Previous Owner Hynes Dennis $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $1,599,000 0.0% $806 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $1,599,000 -- $806 / 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 $8,159 $1,102,600 $825,000 $277,600
2024 $8,159 $1,102,600 $825,000 $277,600
2023 $8,038 $1,102,600 $825,000 $277,600
2022 $7,773 $1,102,600 $825,000 $277,600
2021 $7,134 $1,102,600 $825,000 $277,600
2020 $6,858 $1,102,600 $825,000 $277,600
2019 $6,770 $1,102,600 $825,000 $277,600
2018 $6,527 $1,102,600 $825,000 $277,600
2017 $6,461 $1,102,600 $825,000 $277,600
2016 $6,329 $1,102,600 $825,000 $277,600
2015 $6,310 $1,267,100 $1,075,000 $192,100
2014 $6,310 $1,267,100 $1,075,000 $192,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 204654

Cape May County Association of REALTORS®

APN: 03-00016-0000-00001