NOT LISTED FOR SALE

551 Berkley Rd Stone Harbor, NJ 08247

Estimated Value: $7,891,000 - $8,291,000

4 Beds
3 Baths
4,338 Sq Ft
$1,877/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $2,800,000 $645 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $47,011/month

304 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Deck
  • Stone Harbor Elementary School Rated A
  • Boat Slip
  • Cathedral Ceiling

About This Home

As of August 2017

This home is located at 551 Berkley Rd, Stone Harbor, NJ 08247 since 01 September 2016 and is currently estimated at $8,142,539, approximately $1,877 per square foot. This property was built in 1976. 551 Berkley Rd is a home located in Cape May County with nearby schools including Stone Harbor Elementary School.

Last Agent to Sell the Property

Paul Hughes

RE/MAX SURFSIDE License #8737690 Listed on: 09/01/2016

RE/MAX SURFSIDE

Last Buyer's Agent

Paul Hughes

RE/MAX SURFSIDE License #8737690 Listed on: 09/01/2016

RE/MAX SURFSIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,490

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 90' x 110'
  • Property Fronts a Bay or Harbor

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,338 Sq Ft Home
  • Central Vacuum
  • Partially Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Dining Area
  • Den
  • Storage
  • Crawl Space

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Slip
  • Docks
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 439 / 200.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,490

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Bay Front, Bulk Head
  • District Township: 10-Stone Harbor
  • Also Includes: Blinds, Partial Furniture
  • Estimated Year Built: 1976
  • New Construction: No
  • Second Address Number: 551
  • Lot Size2: 90' x 110'
  • Price per Sq Ft: 645.46
  • Selling Agent1: 344
  • Selling Office1: 594
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Dishwasher, Disposal, Trash Compactor, Central Vacuum
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Storage
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4338
  • Other Rooms: Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: See Remarks
  • Exterior: Vinyl
  • Outside Features: Deck, Dock, Bulkhead, Cable TV, Sidewalks, Outside Shower, Boat Slips

Garage/Parking

  • Parking Garage: Garage, 3 Car, Attached, Stone Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 439
  • Lot Size: 6001-10000 SqFt
  • Sub Lot: 440, 441

Tax Info

  • Taxes: 16489.73
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Aug 3, 2017
Sold by
Walker Joseph T and Walker Nancy
Bought by
551 Berkley Trust
Seller's Agent
Paul Hughes
RE/MAX SURFSIDE
Buyer's Agent
Paul Hughes
RE/MAX SURFSIDE
List Price
$3,295,000
Sold Price
$2,800,000
Premium/Discount to List
-$495,000
-15.02%
Current Estimated Value
$8,142,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,342,539
Avg. Annual Appreciation
14.14%
Original Mortgage
$1,500,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2015
Sold by
Haggarty Kimberly W
Bought by
Walker Joseph T and Walker Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,157
Interest Rate
3.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 12, 2012
Sold by
Haggarty Daniel T
Bought by
Haggarty Kimberly W

Purchase Details

Closed on
Aug 4, 2008
Sold by
Walker Joseph T and Walker Nancy
Bought by
Haggarty Daniel T and Haggarty Kimberly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
551 Berkley Trust $2,800,000 None Available
Walker Joseph T $666,157 Attorney
Haggarty Kimberly W -- None Available
Haggarty Daniel T $1,400,000 Shore Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 551 Berkley T $4,000,000
Closed 551 Berkley Trust $1,500,000
Previous Owner Walker Joseph T $666,157
Previous Owner Haggarty Daniel T $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $2,800,000 -15.0% $645 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $3,295,000 -- $760 / Sq Ft
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 $32,771 $4,381,100 $2,850,000 $1,531,100
2024 $32,771 $4,381,100 $2,850,000 $1,531,100
2023 $32,201 $4,381,100 $2,850,000 $1,531,100
2022 $30,317 $4,381,100 $2,850,000 $1,531,100
2021 $28,740 $4,381,100 $2,850,000 $1,531,100
2020 $26,725 $4,381,100 $2,850,000 $1,531,100
2019 $16,453 $2,871,400 $2,850,000 $21,400
2018 $16,170 $2,929,300 $2,850,000 $79,300
2017 $17,432 $3,140,900 $2,700,000 $440,900
2016 $16,804 $3,140,900 $2,700,000 $440,900
2015 $16,490 $3,140,900 $2,700,000 $440,900
2014 $16,270 $3,140,900 $2,700,000 $440,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 172086

Cape May County Association of REALTORS®

APN: 10-00200-01-00439