NOT LISTED FOR SALE

514 Pearl Ave Cape May Point, NJ 08212

Cape May Area

Estimated Value: $1,306,746 - $1,421,000

2 Beds
1 Bath
748 Sq Ft
$1,806/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2022

Last sale price $940,000 $1,257 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,790 / mo

10 Days on Market

Highlights

  • Beach Front
  • Deck
  • Furnished
  • Island Location
  • Wood Flooring
  • Cottage

About This Home

As of July 2022

This home is located at 514 Pearl Ave, Cape May Point, NJ 08212 since 21 May 2022 and is currently estimated at $1,350,937, approximately $1,806 per square foot. This property was built in 1920. 514 Pearl 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 Agent to Sell the Property

Ami Menz

COASTLINE REALTY, LLC License #0447526 Listed on: 05/21/2022

Last Buyer's Agent

Carol Menz

COASTLINE REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,720

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 33x100
  • Beach Front
  • Interior Lot
  • Cleared Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 748 Sq Ft Home
  • Furnished
  • Living Room
  • Wood Flooring

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Location

  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 3.02, 4.01 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,720

Year Built

Built in 1920

Lot Details

0.76 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Front, Cleared Lot, Inside Lot, Island
  • District Township: 03-Cape May Point
  • Near: In the dunes
  • Also Includes: Shades, Furniture
  • Estimated Year Built: 1920
  • New Construction: No
  • Lot Size2: 33x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Stove Electric
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Partial, Outside Entrance
  • Estimated Living Sq Ft: 748
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Construction: Cottage
  • Exterior: Vinyl
  • Frontage: 33
  • Outside Features: Patio, Deck, Outside Shower

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3.02, 4.01
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4720
  • Tax Year: 2022

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
May 21, 2022
Closed on
Jul 19, 2022
Sold by
Bought by
Seller's Agent
Ami Menz
COASTLINE REALTY, LLC
Buyer's Agent
Carol Menz
COASTLINE REALTY, LLC
List Price
$975,000
Sold Price
$940,000
Premium/Discount to List
-$35,000
-3.59%
Current Estimated Value
$1,350,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,937
Avg. Annual Appreciation
9.49%
Original Mortgage
$752,000
Interest Rate
0.0523%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
$940,000 The Title Company
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 $752,000
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
07/19/2022 07/19/22 Sold $940,000 -3.6% $1,257 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $975,000 -- $1,303 / 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 $5,399 $729,600 $622,200 $107,400
2025 $5,399 $729,600 $622,200 $107,400
2024 $5,399 $729,600 $622,200 $107,400
2023 $5,319 $729,600 $622,200 $107,400
2022 $5,144 $729,600 $622,200 $107,400
2021 $4,719 $729,600 $622,200 $107,400
2020 $4,538 $729,600 $622,200 $107,400
2019 $4,480 $729,600 $622,200 $107,400
2018 $4,319 $729,600 $622,200 $107,400
2017 $4,254 $725,900 $622,200 $103,700
2016 $4,167 $725,900 $622,200 $103,700
2015 $5,355 $1,075,300 $1,015,000 $60,300
2014 $5,355 $1,075,300 $1,015,000 $60,300
Source: Public Records

Agents Affiliated with this Home

  • Ami Menz

    Seller's Agent in 2022

    Ami Menz

    COASTLINE REALTY, LLC

    (609) 884-5006

    54 Total Sales

    Ami Menz
    Section Image
  • Carol Menz

    Buyer's Agent in 2022

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    239 Total Sales

    Carol Menz
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221550

Cape May County Association of REALTORS®

APN: 03-00006-0000-00003-02

New Jersey Cape May County Cape May Point 08204

514 Pearl Ave, Cape May Point, NJ

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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