NOT LISTED FOR SALE

Estimated Value: $1,722,119

4 Beds
3 Baths
-- Sq Ft
1.15 Acre Lot

Sale Details

Date Sold: October 2, 2020

Last sale price $820,000

Est. 110% increase in value since last sale

Current estimated payment $9,565 / mo

234 Days on Market

Highlights

  • Deck
  • Den
  • Eat-In Kitchen
  • Great Room
  • Porch
  • Patio

About This Home

As of October 2020

This home is located at 406 Alexander Ave, Cape May Point, NJ 08212 since 30 December 2019 and is currently priced at $1,722,119. 406 Alexander Ave is a home located in Cape May County.

Last Agent to Sell the Property

James Zeitler

JERSEY CAPE REALTY License #0454884 Listed on: 12/30/2019

Last Buyer's Agent

Heijung Park-Colameco

JERSEY CAPE REALTY License #0567325

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,981

Lot Details

  • Lot Dimensions are 50 x 174

Home Design

  • Duplex

Interior Spaces

  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 43 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,981

Lot Details

1.15 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 03-Cape May Point
  • Also Includes: Drapes, Curtains, Blinds
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 50 x 174
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Living Room, Den/TV Room, Recreation/Family, Eat In Kitchen, Dining Area, Great Room

Exterior Features

  • Outside Features: Patio, Deck, Porch, Outside Shower

Garage/Parking

  • Parking: Parking Pad, 3 Car

Utilities

  • Separate Meter: Cooling
  • Cooling: Central Air
  • Heating: Gas Propane, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 43
  • Lot Size: 6001 to 10000 SqFt

Tax Info

  • Taxes: 3980.61

Multi Family

  • Number Of Units: 2
  • Total Rent: 40000

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

Listed on
Dec 30, 2019
Closed on
Oct 2, 2020
Sold by
Bought by
Seller's Agent
James Zeitler
JERSEY CAPE REALTY
Buyer's Agent
Heijung Park-Colameco
JERSEY CAPE REALTY
List Price
$899,500
Sold Price
$820,000
Premium/Discount to List
-$79,500
-8.84%
Current Estimated Value
$1,722,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902,119
Avg. Annual Appreciation
13.55%

Purchase Details

Listed on
Aug 7, 2017
Closed on
Sep 5, 2017
Sold by
Bought by
Seller's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
Buyer's Agent
Richard Cammarano
CENTURY 21 ALLIANCE wc
List Price
$470,000
Sold Price
$500,000
Premium/Discount to List
$30,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.93%
Original Mortgage
$400,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2017
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
$400,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2010
Sold by
Bought by

Purchase Details

Closed on
May 26, 2005
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
$535,500
Interest Rate
5.04%
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 Point, NJ

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
$820,000 Misc Company
$500,000 Professional Abstract
-- None Available
-- None Available
-- None Available
$765,000 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 $400,000
Previous Owner $535,500
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
10/02/2020 10/02/20 Sold $820,000 -8.8% --
08/20/2020 08/20/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $899,500 +79.9% --
10/02/2017 10/02/17 Sold $500,000 +6.4% -- View Prior Sale
09/02/2017 09/02/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $470,000 -- --
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 $5,096 $688,600 $491,700 $196,900
2025 $5,096 $688,600 $491,700 $196,900
2024 $5,096 $688,600 $491,700 $196,900
2023 $5,020 $688,600 $491,700 $196,900
2022 $4,855 $688,600 $491,700 $196,900
2021 $4,182 $688,600 $491,700 $196,900
2020 $4,182 $672,400 $491,700 $180,700
2019 $4,129 $672,400 $491,700 $180,700
2018 $3,981 $672,400 $491,700 $180,700
2017 $3,940 $672,400 $491,700 $180,700
2016 $3,860 $672,400 $491,700 $180,700
2015 $3,688 $740,500 $609,200 $131,300
2014 $3,688 $740,500 $609,200 $131,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 190880

Cape May County Association of REALTORS®

APN: 03-00001-0000-00043

Your Personal Tour Guide

Ask me questions while you tour the home.