NOT LISTED FOR SALE

416 Cambridge Ave Cape May Point, NJ 08212

Estimated Value: $1,787,000 - $2,292,000

3 Beds
1 Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold October 05, 2018

Last sale price $535,000

Est. 280% increase in value since last sale

Current estimated payment $11,935/month

81 Days on Market

Highlights

  • Island Location
  • Cottage
  • Patio
  • Furnished
  • Interior Lot
  • Living Room

About This Home

As of October 2018

This home is located at 416 Cambridge Ave, Cape May Point, NJ 08212 since 14 March 2018 and is currently estimated at $2,032,209. This property was built in 1900. 416 Cambridge Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Last Listed By

Andrea Moffatt

Tim Kerr Sotheby's International Realty Listed on: 03/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1900

Lot Details

  • 10,019

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Crawl Space
  • Storage In Attic

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Window Unit Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Interior Lot
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2 / 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 03-Cape May Point
  • Near: Pavilion Circle
  • Also Includes: Furniture, Window Treatments
  • Estimated Year Built: 1900
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Second Address Number: 416
  • Lot Size2: 100x94 irr
  • Selling Agent1: 843
  • Selling Office1: 306
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 5
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story, Cottage
  • Exterior: Asbestos
  • Outside Features: Patio, Grill, Storage Building, Cable TV, Outside Shower

Garage/Parking

  • Parking Garage: See Remarks

Utilities

  • Cooling: Window Air Conditioning
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 2923.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Oct 5, 2018
Sold by
Benton Ida I
Bought by
Harris Thomas A and Berghaus Jean S
Seller's Agent
Andrea Moffatt
Tim Kerr Sotheby's International Realty
Buyer's Agent
Dawn Evans
COMPASS RE - Ocean City
List Price
$619,000
Sold Price
$535,000
Premium/Discount to List
-$84,000
-13.57%
Total Days on Market
81
Current Estimated Value
$2,032,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,497,209
Avg. Annual Appreciation
22.45%

Purchase Details

Closed on
Nov 4, 2012
Sold by
Ayres Helga W
Bought by
Benton Ida Isabelle

Purchase Details

Closed on
Apr 18, 1998
Sold by
Sharp E and Sharp Lorene O
Bought by
Ayers Stanleigh I and Ayers Helga W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1990
Sold by
Sharp Lorene J Executrix
Bought by
Sharp Lorene J

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Homes in the area

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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
Harris Thomas A $535,000 --
Benton Ida Isabelle $380,000 The Title Company Of Jersey
Ayers Stanleigh I $177,500 --
Sharp Lorene J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayres Helga W $105,727
Previous Owner Ayers Stanleigh I $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $535,000 -13.6% --
09/05/2018 09/05/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $619,000 -- --
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
2024 $8,017 $1,083,400 $443,800 $639,600
2023 $7,898 $1,083,400 $443,800 $639,600
2022 $7,638 $1,083,400 $443,800 $639,600
2021 $7,010 $1,083,400 $443,800 $639,600
2020 $2,760 $443,800 $443,800 $0
2019 $3,063 $498,900 $443,800 $55,100
2018 $2,953 $498,900 $443,800 $55,100
2017 $2,924 $498,900 $443,800 $55,100
2016 $2,864 $498,900 $443,800 $55,100
2015 $2,366 $475,000 $465,000 $10,000
2014 $2,366 $475,000 $465,000 $10,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrea Moffatt

    Tim Kerr Sotheby's International Realty

    (609) 884-3332

    18 in this area

    19 Total Sales

    Andrea Moffatt
    Section Image
  • Dawn Evans

    Buyer's Agent in 2018

    Dawn Evans

    COMPASS RE - Ocean City

    (609) 780-5307

    28 Total Sales

    Dawn Evans
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180899

Cape May County Association of REALTORS®

APN: 03 00026-0000-00002- 01

New Jersey Cape May County Cape May Point 08204

416 Cambridge Ave, Cape May Point, NJ

Homes for Sale in Cape May Point, NJ

This home is located at 416 Cambridge Ave, Cape May Point, NJ 08212 since 14 March 2018 and is currently estimated at $2,032,209. This property was built in 1900. 416 Cambridge Ave is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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