$2,200,000
$150K PRICE DROP

414 Broadway Unit 416 Cape May, NJ 08204

Estimated payment $14,350/month

Total Views 48,759
8 Beds
4 Baths
2,572 Sq Ft
$855 Price per Sq Ft

About This Home

Now Available in the sought-after Cape May area is an incredible opportunity for both investors and owner-occupants! 414-416 Broadway, formerly a duplex, has been converted into two individual condos, now available for purchase either separately or together at a discounted price. Each unit boasts unique character, charm, and impressive renovations. With 4 bedrooms and 2 full bathrooms in each unit, there's ample space for guests or potential Airbnb rentals. Professional photos coming! These properties are cross-listed individually and as a bundle. Contact us today for more details!

Listing Agent

Carlo Drogo

eXp REALTY License #1756500 Listed on: 11/20/2024

eXp REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Home Design

  • 2,572 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Stone Driveway
  • Shared Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 10 / 37

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 12-West Cape May
  • Estimated Year Built: 1880
  • New Construction: No
  • Second Address Number: 414-416
  • Lot Size2: 0.18
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Total Bathrooms: 4
  • Total Sq Ft: 2572

Garage/Parking

  • Parking: Stone Driveway, Shared Driveway

Utilities

  • Cooling: Central Air, Gas
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 10
  • Lot Size: 6001 to 10000 SqFt

Tax Info

  • Taxes: 548700
  • Tax Year: 2024

Multi Family

  • Number Of Units: 2

Map

Range of Values:

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ICE

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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

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
2021 $7,193 $562,100 $365,300 $196,800
2020 $7,234 $562,100 $365,300 $196,800
2019 $7,049 $562,100 $365,300 $196,800
2018 $7,096 $562,100 $365,300 $196,800
2017 $6,521 $562,100 $365,300 $196,800
2016 $6,869 $562,100 $365,300 $196,800
2015 $6,459 $562,100 $365,300 $196,800
2014 $6,459 $562,100 $365,300 $196,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Price Changed $2,200,000 +83.5% $855 / Sq Ft
06/01/2025 06/01/25 Price Changed $1,199,000 -49.0% $932 / Sq Ft
11/20/2024 11/20/24 For Sale $2,350,000 +81.5% $914 / Sq Ft
11/20/2024 11/20/24 For Sale $1,295,000 +115.8% $1,007 / Sq Ft
05/08/2020 05/08/20 Sold $600,000 -30.2% $190 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
05/14/2019 05/14/19 For Sale $859,000 -- $271 / Sq Ft
Source: Cape May County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Master Deed -- Landis Title
Deed $600,000 None Available
Deed $450,000 Citizens Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $693,000 New Conventional
Previous Owner $200,000 Seller Take Back
Source: Public Records

Similar Home in Cape May, NJ

  • 414 Broadway Unit 416, Cape May, NJ 08204

    $2,200,000

    • Studio
    • 2,572 Sq Ft
    • 414 Broadway
    • Unit 416
    • Cape May, NJ

    Now Available in the sought-after Cape May area is an incredible opportunity for both investors and owner-occupants ! 414-416 Broadway, formerly a duplex, has been transformed into two stunning individual condos, now available for purchase either separately or together at a discounted price . Each unit boasts unique character, charm, and impressive renovations . With 4 bedrooms and 2 full

    Carlo Drogo EXP Realty, LLC

    Section Image

Source: Cape May County Association of REALTORS®

MLS Number: 243423

Cape May County Association of REALTORS®

APN: 12-00037-0000-00010