NOT LISTED FOR SALE

408 Fourth Ave Cape May, NJ 08204

Estimated Value: $1,633,710 - $2,113,000

0.27 Acre
$6,692,181 Price per Acre
11,543 Sq Ft Lot

Last Sold September 14, 2016

Last sale price $385,000 $324 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $10,045/month

340 Days on Market

About This Lot

As of September 2016

Over sized lot with possibilities of a two lot subdivision. See associated docs for LOI, and Survey.

Last Agent to Sell the Property

Brian Giancola

RE/MAX SURFSIDE Listed on: 09/10/2015

RE/MAX SURFSIDE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,046

Lot Details

  • Cleared Lot

Listing and Financial Details

  • Legal Lot and Block 4 / 60

Property Details

Property Type

Land

Est. Annual Taxes

$3,046

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Cleared Lot
  • District Township: 12-West Cape May
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 4
  • Lot Size: 100X158
  • Zoning: Residentia
  • Lot Size Range: 10000 to 20000 SqFt
  • Improvements: Electric, Water, Sewer
  • Topography: Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 3046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Hewitt and Karen
Bought by
Hewitt Robert and Hewitt Karen
Current Estimated Value
$1,773,428

Purchase Details

Listed on
Sep 10, 2015
Closed on
Sep 14, 2016
Sold by
Mattson Sandra and Zager Angela Zager
Bought by
Cape Home Investments Llc
Seller's Agent
Brian Giancola
RE/MAX SURFSIDE
List Price
$485,000
Sold Price
$385,000
Premium/Discount to List
-$100,000
-20.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.81%

Purchase Details

Closed on
Dec 13, 2013
Sold by
Zager Angela and Dignazio Joanne
Bought by
Dignazio Joanne and Mattson Sandra

Purchase Details

Closed on
Apr 27, 2010
Sold by
Abbonizio Nicholas
Bought by
Abbonizio Nicholas and Zager Angela

Purchase Details

Closed on
Mar 31, 2010
Sold by
The Bank Of New York Mellon
Bought by
Abbonizio Nicholas

Purchase Details

Closed on
Jul 21, 2009
Sold by
Ferguson Ines and Ferguson Kevin A
Bought by
Bank Of New York

Purchase Details

Closed on
Sep 25, 2004
Sold by
Ferguson Reginald A and Ferguson Sarah G
Bought by
Ferguson Ines I and Ferguson Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Hewitt Robert -- Gillin-Schwartz Christopher Gi
Cape Home Investments Llc $385,000 Shore Titiel Agency Inc
Dignazio Joanne -- None Available
Abbonizio Nicholas -- None Available
Abbonizio Nicholas $175,000 None Available
Bank Of New York -- None Available
Ferguson Ines I -- Title Express Associates Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Ines I $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $385,000 -20.6% $324 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $485,000 -- $408 / 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 $10,036 $667,300 $276,300 $391,000
2024 $10,036 $667,300 $276,300 $391,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Giancola

    Seller's Agent in 2016

    Brian Giancola

    RE/MAX SURFSIDE

    (609) 602-8988

    30 in this area

    74 Total Sales

    Brian Giancola
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166119

Cape May County Association of REALTORS®

APN: 12-00060-0000-00006-02

New Jersey Cape May County Cape May 08204

408 Fourth Ave, Cape May, NJ

Not Listed for Sale

Lots

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