$2,200,000

414 Broadway Unit 416 Cape May, NJ 08204

Estimated payment $12,944/month

Total Views 44,778
-- Bed
-- Bath
2,572 Sq Ft
$855 Price per Sq Ft

Highlights

  • Victorian Architecture
  • More Than Two Accessible Exits
  • Forced Air Heating and Cooling System
  • West Cape May Elementary School Rated A

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 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 bathrooms in each unit, there's plenty of space for guests or potential Airbnb rentals . These properties are cross-listed individually and as a bundle. Contact us today for more details!

Listing Agent

Carlo Drogo

EXP Realty, LLC Listed on: 11/20/2024

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,252

Year Built

  • Built in 1880

Lot Details

  • 7,802 Sq Ft Lot
  • Lot Dimensions are 51.00 x 153.00

Home Design

  • 2,572 Sq Ft Home
  • Victorian Architecture
  • Frame Construction

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Driveway Spaces
  • Stone Driveway
  • Shared Driveway
  • Parking Lot

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 12-00037-00010-C414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,252

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 11/23/2024 12:00:00 AM
  • Year Built: 1880
  • Building Winterized: No
  • Remarks Public: 📢 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 bathrooms 🛁 in each unit, there's plenty of space for guests or potential Airbnb rentals ✨🏖️. 📌 These properties are cross-listed individually and as a bundle. 📞 Contact us today for more details!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: No
  • Total Sq Ft: 2572
  • Living Area Sq Ft: 2572
  • Price Per Sq Ft: 855.37
  • Above Grade Finished Sq Ft: 2572
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 414-416

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Shared Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 2
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WEST CAPE MAY SCHOOLS
  • School District Key: 300200396640
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 51.00 x 153.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7802.00
  • Year Assessed: 2024
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 8252.00
  • Assessor Parcel Number: 12-00037-00010-C414
  • Tax Lot: 00010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WEST CAPE MAY SCHOOLS

Map

Range of Values:

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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: Bright MLS

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

Source: Bright MLS

MLS Number: NJCM2004390

Bright MLS

APN: 12-00037-0000-00010