NOT LISTED FOR SALE

404 Third Ave Cape May, NJ 08204

Estimated Value: $1,616,000 - $2,380,000

4 Beds
4 Baths
2,645 Sq Ft
$722/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $945,700 $358 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $10,928/month

74 Days on Market

Highlights

  • New Construction
  • Deck
  • Main Floor Primary Bedroom
  • West Cape May Elementary School Rated A+
  • Contemporary Architecture
  • Great Room

About This Home

As of October 2017

This home is located at 404 Third Ave, Cape May, NJ 08204 since 03 March 2017 and is currently estimated at $1,910,229, approximately $722 per square foot. 404 Third Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 03/03/2017

Coldwell Banker Sol Needles Real Estate

Last Buyer's Agent

James McBride

Coldwell Banker Sol Needles Real Estate Listed on: 03/03/2017

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Lot Details

  • Interior Lot
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • New Construction
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,645 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4.01 / 58

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 12-West Cape May
  • Near: Third
  • Estimated Year Built: new
  • New Construction: Yes
  • Lot Size2: 8800
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Range, Refrigerator, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Smoke/Fire Alarm, Walk in Closet, Laminate Flooring
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 12
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2645
  • Other Rooms: Living Room, Dining Room, Recreation/Family, Laundry/Utility Room, Great Room, See Remarks, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Contemporary, See Remarks
  • Exterior: Vinyl, Other
  • Frontage: 63
  • Outside Features: Deck, Porch

Garage/Parking

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

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: 4.01
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2019
Sold by
Kufta Gerald J and Kufta Anna H
Bought by
Kufta Gerald J and Kufta Anna H
Current Estimated Value
$1,870,417

Purchase Details

Listed on
Mar 3, 2017
Closed on
Oct 16, 2017
Sold by
404 Third Avenue Development Llc
Bought by
Kufta Gerald J and Kufta Anna H
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
List Price
$775,000
Sold Price
$945,700
Premium/Discount to List
$170,700
22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Apr 6, 2017
Sold by
Brown Paula M
Bought by
404 Third Avenue Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kufta Gerald J -- --
Kufta Gerald J -- --
Kufta Gerald J $945,700 Shore Title Agency Inc
404 Third Avenue Development Llc $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 404 Third Avenue Development Llc $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $945,700 +22.0% $358 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $775,000 -- $293 / 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 $13,767 $932,000 $281,700 $650,300
2024 $13,767 $932,000 $281,700 $650,300
2023 $13,926 $932,000 $281,700 $650,300
2022 $12,379 $932,000 $281,700 $650,300
2021 $11,680 $932,000 $281,700 $650,300
2020 $12,293 $932,000 $281,700 $650,300
2019 $11,687 $932,000 $281,700 $650,300
2018 $3,564 $281,700 $281,700 $0
2017 $3,442 $281,700 $281,700 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James McBride

    Coldwell Banker Sol Needles Real Estate

    (609) 408-3076

    30 in this area

    39 Total Sales

    James McBride
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 175203

Cape May County Association of REALTORS®

APN: 12 00058-0000-00004- 01

New Jersey Cape May County Cape May 08204

404 Third Ave, Cape May, NJ

Not Listed for Sale

Detached

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