$258,000
SOLD AUG 6, 2025

51 W New York Ave Villas, NJ 08251

2 Beds
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

1% Below List Price

6 Days on Market

About This Home

As of August 2025

Investor Special - Prime Location Near the Bay! Just two blocks from the tranquil bay, this property offers an incredible opportunity for investors or buyers ready to customize their dream home. Acquired through foreclosure and sold strictly as-is, the interior has been completely gutted, providing a blank canvas for a full renovation. No guarantees or warranties are expressed or implied. Bring your vision and creativity to breathe new life into this ideally situated property, the possibilities are endless! **Owner is a licensed NJ Real Estate Agent.

Last Agent to Sell the Property

Megan Greenwood

SEA HAVEN REAL ESTATE License #2296946 Listed on: 07/02/2025

Co-Listed By

Amanda L. Ruhl

SEA HAVEN REAL ESTATE

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1935

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Crawl Space
  • Property near a bay
  • Corner Lot

Listing and Financial Details

  • Legal Lot and Block 1 / 157

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 05-Lower Township
  • Estimated Year Built: 1935
  • Bay Proximity: 2 Blocks
  • New Construction: No
  • Second Address Number: 51
  • Listing Office2: 960
  • Lot Size2: 6778
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 1
  • Basement: Crawl Space

Utilities

  • Cooling: None
  • Heating: No Heating
  • Hot Water: Other Hot Water
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 2101
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Jul 24, 2025
Sold by
Sea Haven Holdings Llc
Bought by
From The Hip Investments Llc
Seller's Agent
Megan Greenwood
SEA HAVEN REAL ESTATE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$260,000
Sold Price
$258,000
Premium/Discount to List
-$2,000
-0.77%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$339,400
Outstanding Balance
$338,816
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$77,805

Purchase Details

Listed on
Jul 2, 2025
Closed on
Jul 11, 2025
Sold by
Gka Homes Llc
Bought by
Sea Haven Holdings Llc
Seller's Agent
Megan Greenwood
SEA HAVEN REAL ESTATE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$260,000
Sold Price
$258,000
Premium/Discount to List
-$2,000
-0.77%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,400
Outstanding Balance
$338,816
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$77,805
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 Type Sale Price Title Company
Deed $258,000 Pittman Title
Deed $258,000 Pittman Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $339,400 Construction
Closed $339,400 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $258,000 -0.8% --
07/08/2025 07/08/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $260,000 -- --
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 $2,101 $103,800 $85,000 $18,800
2024 $2,101 $103,800 $85,000 $18,800
2023 $2,068 $103,800 $85,000 $18,800
2022 $2,006 $103,800 $85,000 $18,800
2021 $1,944 $103,800 $85,000 $18,800
2020 $1,912 $103,800 $85,000 $18,800
2019 $1,866 $103,800 $85,000 $18,800
2018 $1,824 $103,800 $85,000 $18,800
2017 $1,824 $103,800 $85,000 $18,800
2016 $1,799 $103,800 $85,000 $18,800
2015 $1,742 $103,800 $85,000 $18,800
2014 $1,678 $103,800 $85,000 $18,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 251942

Cape May County Association of REALTORS®

APN: 05-00157-0000-00001