NOT LISTED FOR SALE

502 Mallow Rd Cape May Beach, NJ 08251

Estimated Value: $19,912 - $230,000

1.15 Acres
$108,657 Price per Acre
50,094 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $15,000

Est. 733% increase in value since last sale

Current estimated payment $701/month

24 Days on Market

About This Lot

As of March 2022

This home is located at 502 Mallow Rd, Cape May Beach, NJ 08251 since 22 January 2022 and is currently estimated at $124,956. 502 Mallow Rd is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.

Last Agent to Sell the Property

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 01/22/2022

LONG & FOSTER REAL ESTATE, INC cm

Last Buyer's Agent

Rebecca Chamberlain,SFR,SRES

LONG & FOSTER REAL ESTATE, INC cm Listed on: 01/22/2022

LONG & FOSTER REAL ESTATE, INC cm

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $188

Lot Details

  • Lot Dimensions are 50x100
  • Building is beachfront but unit may not have water views

Outdoor Features

  • Property is near a beach
  • Property near a bay

Listing and Financial Details

  • Legal Lot and Block 2876 / 512.03

Property Details

Property Type

Land

Est. Annual Taxes

$188

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Beach Block
  • District Township: 05-Lower Township
  • Bay Proximity: 1 Block
  • Beach Proximity: 1 Block
  • Second Address Number: 502
  • Lot Size2: 50x100
  • Selling Agent1: 2758
  • Selling Office1: 699
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 2876
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R
  • Improvements: Paved Road, Gas, Electric, Water, Sewer
  • Specific Lot Information: Other (See Remarks)
  • Zoning: Residential

Tax Info

  • Taxes: 188
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 7, 2022
Sold by
Callahan Beverly A
Bought by
503 Mallow Road Llc
Seller's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
Buyer's Agent
Rebecca Chamberlain,SFR,SRES
LONG & FOSTER REAL ESTATE, INC cm
List Price
$149,000
Sold Price
$15,000
Premium/Discount to List
-$134,000
-89.93%
Current Estimated Value
$124,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,956
Avg. Annual Appreciation
91.64%

Purchase Details

Closed on
May 28, 1985
Bought by
Callahan Beverly A
Source: Public Records

Range of Values:

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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
503 Mallow Road Llc $15,000 Shore Title
Callahan Beverly A $2,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $15,000 -89.9% --
02/15/2022 02/15/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $149,000 -- --
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
2025 $203 $10,000 $10,000 --
2024 $203 $10,000 $10,000 $0
2023 $200 $10,000 $10,000 $0
2022 $194 $10,000 $10,000 $0
2021 $180 $10,000 $10,000 $0
2020 $185 $10,000 $10,000 $0
2019 $180 $10,000 $10,000 $0
2018 $176 $10,000 $10,000 $0
2017 $176 $10,000 $10,000 $0
2016 $174 $10,000 $10,000 $0
2015 $168 $10,000 $10,000 $0
2014 $163 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rebecca Chamberlain,SFR,SRES

    LONG & FOSTER REAL ESTATE, INC cm

    (609) 972-7507

    77 in this area

    132 Total Sales

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 220145

Cape May County Association of REALTORS®

APN: 05-00512-03-02876

New Jersey Cape May County Villas 08251

502 Mallow Rd, Villas, NJ

This home is located at 502 Mallow Rd, Cape May Beach, NJ 08251 since 22 January 2022 and is currently estimated at $124,956. 502 Mallow Rd is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick 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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