Mary Messina
Long & Foster Real Estate, Inc.
(267) 719-2387
31 Total Sales
1 in Cape May
$667,000 Price
432 Congress St Cape May, NJ 08204
Cape May AreaEstimated Value: $1,557,000 - $1,952,000
6
Beds
2
Baths
1,976
Sq Ft
$858/Sq Ft
Est. Value
Highlights
- Island Location
- Eat-In Kitchen
- Living Room
- 2 Car Detached Garage
- Interior Lot
- 2-minute walk to Wilbraham Park
About This Home
As of October 2022This property will appeal to a wide range of buyers. From the real estate investment portfolio buyer there is tremendous upside based on size, location and potential. There is room to add an additional 1225 sq. feet of living space , not including exterior porches and decks. There are separate electric meters, so converting over to condominium units is an easy and desirable option. It will also be appealing to a builder to renovate and convert to condominium units for resale. The property will also be appealing to those that wish to build a new home. The property is situated in the heart of Cape May's Historic District, but is not considered a historic home. A demolition permit would be required to build new. A new home on this site could be up to 3,200 sq ft by code. With the superior location and lot size this property should be considered for the perfect new build. The property has weekly rentals in place and can only be shown during turnover time on Saturdays. Please contact listing agent for any other details. For realtors there is a copy of the zoning in the associated docs for client review. Don't hesitate, call today. Make your escape to the Cape!
Last Agent to Sell the Property
Coldwell Banker Sol Needles Real Estate Listed on: 07/01/2022
Last Buyer's Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
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
- $6,339
Year Built
- Built in 1968
Lot Details
- Lot Dimensions are 80 x 100
- Interior Lot
Home Design
- Duplex
Interior Spaces
- Living Room
- Dining Area
- Storage Room
- Laundry Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- 2 Car Detached Garage
- Stone Driveway
- Shared Driveway
Outdoor Features
- Outdoor Shower
- Outdoor Storage
- Outdoor Grill
Location
- Island Location
Utilities
- Zoned Heating and Cooling
- Baseboard Heating
- Separate Meters
- Electric Water Heater
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Legal Lot and Block 2 / 1027
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
Jul 1, 2022
Closed on
Oct 28, 2022
Sold by
Bought by
Seller's Agent
James McBride
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,007
Avg. Annual Appreciation
9.61%
Original Mortgage
$650,000
Outstanding Balance
$618,352
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$1,077,655
Purchase Details
Closed on
Jul 12, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 25, 2019
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 2010
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
$418,125
Interest Rate
4.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cape May, NJ
-
Mary Messina
-
Lisa Marie Timko
Lisa Marie Timko
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
(856) 420-7344
72 Total Sales
3 in Cape May
$649K - $723K Price Range
-
Tania Schade
Tania Schade
SERHANT
(267) 460-3224
22 Total Sales
4 in Cape May
$1.2M - $3.9M Price Range
-
Courtney Romberger
Courtney Romberger
JERSEY CAPE REALTY
(609) 780-9248
63 Total Sales
7 in Cape May
$435K - $2.1M Price Range
-
Christopher Ferzoco
Christopher Ferzoco
KELLER WILLIAMS REALTY JERSEY SHORE - SIC
(855) 635-3436
203 Total Sales
3 in Cape May
$480K - $2.5M Price Range
-
Debbie Particelli
Debbie Particelli
Compass RE
(610) 510-6783
42 Total Sales
1 in Cape May
$1,925,000 Price
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 |
|---|---|---|---|
| $1,200,000 | -- | ||
| $45,000 | -- | ||
| -- | -- | ||
| $557,500 | The Title Company Of Jersey | ||
| $395,000 | -- |
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 |
|---|---|---|---|
| Open | $650,000 | ||
| Previous Owner | $418,125 |
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 |
|---|---|---|---|---|
| 10/26/2022 10/26/22 | Sold | $1,200,000 | -7.6% | $607 / Sq Ft |
| 08/28/2022 08/28/22 | Pending | -- | -- | -- |
| 07/01/2022 07/01/22 | For Sale | $1,299,000 | -- | $657 / Sq Ft |
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 | $6,582 | $727,600 | $522,500 | $205,100 |
| 2025 | $6,582 | $727,600 | $522,500 | $205,100 |
| 2024 | $6,688 | $622,700 | $522,500 | $100,200 |
| 2023 | $6,688 | $622,700 | $522,500 | $100,200 |
| 2022 | $6,426 | $622,700 | $522,500 | $100,200 |
| 2021 | $6,339 | $622,700 | $522,500 | $100,200 |
| 2020 | $6,040 | $622,700 | $522,500 | $100,200 |
| 2019 | $6,146 | $622,700 | $522,500 | $100,200 |
| 2018 | $5,797 | $622,700 | $522,500 | $100,200 |
| 2017 | $5,505 | $622,700 | $522,500 | $100,200 |
| 2016 | $5,107 | $613,800 | $522,500 | $91,300 |
| 2015 | $5,309 | $613,800 | $522,500 | $91,300 |
| 2014 | $5,309 | $613,800 | $522,500 | $91,300 |
Source: Public Records
Agents Affiliated with this Home
-
James McBride
J
Seller's Agent in 2022
James McBride
Coldwell Banker Sol Needles Real Estate
(609) 408-3076
38 Total Sales
-
J
Buyer's Agent in 2022
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
Map
Source: Cape May County Association of REALTORS®
MLS Number: 222074
APN: 02-01027-0000-00002
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.
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.
Nearby Homes
- 6 Congress St W
- 101 Sunset Blvd Unit 2
- 101 Sunset Blvd Unit 3
- 225-227 Windsor Ave
- 225 227 Windsor
- 132 North St
- 217 Beach Ave Unit 214
- 217 Beach Ave Unit 1
- 217 Beach Ave Unit 308
- 202 Perry St
- 11 Beach Ave Unit 108
- 420 Broadway Unit 1
- 420 Broadway Unit 2
- 526 Elmira St
- 308 Atlantic Ave
- 11 E Mechanic St
- 551 Elmira St
- 111 Leaming Ave
- 210 Ocean St Unit 1
- 717 Broadway Unit 2
- 438 Congress St
- 428 Congress St
- 305 S Broadway
- 295 Windsor Ave
- 293 Windsor Ave
- 303 S Broadway
- 289 Windsor Ave
- 287 Windsor Ave
- 412 Congress St
- 285 Windsor Ave
- 502 W Perry St Unit 3
- 415 Congress St
- 300 Windsor Ave
- 407 S Broadway
- 283 Windsor Ave
- 500 W Perry St Unit 502
- 500 W Perry St Unit A
- 500 W Perry St Unit B
- 500 W Perry St
- 213 S Broadway
Your Personal Tour Guide
Ask me questions while you tour the home.