$550,000
SOLD JUN 5, 2023
4 Beds
5 Baths
1,820 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$302 Per Sq Ft

4% Below List Price

31 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near a marina
  • Wood Under Carpet
  • Boat Slip
  • Deck
  • Loft

About This Home

As of June 2023

Unique waterfront opportunity on the Delta Basin with 50 feet of riparian rights! This property features 5 deep water boat slips that can be rented, two 40' and three 28' floating docks. Less than 10 minute drive to Hard Rock Casino, Ocean Resort, Harrah's, Golden Nugget, Borgata, and more. Other features include 2 garages, 3 balconies offering different levels of views, 3 bedrooms, 3 baths (2 en-suite) on 2nd and 3rd floors combined, spiral and standard staircases, and large windows for wonderful waterfront views. There is an additional top-floor in-law suite with a full kitchen, bedroom, and bathroom, and washer/dryer. The house can come furnished/unfurnished. When furnished it can be a turn-key short-term rental opportunity. Current owners have spent over $100K in repairs including a brand new boiler system and HVAC. The property is being sold AS-IS.

Last Agent to Sell the Property

Christine Kelly

Re/Max Surfside-Cape May License #1968174 Listed on: 02/28/2023

Re/Max Surfside-Cape May

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,211

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x90
  • Property Fronts a Bay or Harbor
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Great Room
  • Dining Area
  • Den
  • Loft
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood Under Carpet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a marina
  • Boat Slip
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,211

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 02/28/2023
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Vinyl, W/W Carpet, W/W Over Hardwood
  • Interior Amenities: Kitchen Center Island, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 5
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Area, Great Room, Laundry/Utility Room, Loft

Exterior Features

  • Outside Features: Boat Slip, Deck, Fenced Yard, Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage

Utilities

  • Air Conditioner: Central
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Marina, Water View
  • Lot Dimensions: 50X90
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jun 5, 2023
Sold by
Vyas Malti
Bought by
555 N Maryland 550 6-2023 Llc
Seller's Agent
Christine Kelly
Re/Max Surfside-Cape May
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.21%
Original Mortgage
$385,000
Outstanding Balance
$375,519
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$486,048

Purchase Details

Closed on
Dec 17, 2021
Sold by
Malti Vyas
Bought by
Vyas Malti and Vyas Ronak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,300
Interest Rate
2.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 20, 2018
Sold by
Heller Doreen
Bought by
Vyas Vijay and Vyas Malti
Seller's Agent
Edward Foresta
MARKETPLACE REALTY
Buyer's Agent
RONAK VYAS
BOARDWALK REALTY
List Price
$350,000
Sold Price
$299,000
Premium/Discount to List
-$51,000
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$239,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2004
Sold by
Sala Gigi
Bought by
Heller Doreen

Purchase Details

Closed on
Apr 30, 2001
Sold by
Kingston Joseph
Bought by
Kingston Joseph and Sala Gigi
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $550,000 Green Label Title
Bargain Sale Deed -- Hunter Title
Deed $299,000 Chicago Title Co
Bargain Sale Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 New Conventional
Previous Owner $214,300 New Conventional
Previous Owner $239,200 New Conventional
Previous Owner $98,700 Small Business Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $1,200,000 +118.2% $440 / Sq Ft
06/05/2023 06/05/23 Sold $550,000 -4.3% $302 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $575,000 +4.5% $316 / Sq Ft
03/28/2023 03/28/23 Off Market $550,000 -- --
02/28/2023 02/28/23 For Sale $575,000 0.0% $316 / Sq Ft
05/01/2021 05/01/21 Rented -- -- --
02/17/2021 02/17/21 For Rent $1,350 0.0% --
09/20/2018 09/20/18 Sold $299,000 0.0% $164 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $299,000 -14.6% $164 / Sq Ft
07/01/2018 07/01/18 For Sale $350,000 -- $192 / Sq Ft
Source: South Jersey Shore Regional MLS

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
2024 $16,211 $469,600 $117,000 $352,600
2023 $11,780 $311,900 $117,000 $194,900
2022 $11,780 $311,900 $117,000 $194,900
2021 $12,167 $311,900 $117,000 $194,900
2020 $12,270 $311,900 $117,000 $194,900
2019 $12,948 $325,000 $162,500 $162,500
2018 $11,482 $325,000 $162,500 $162,500
2017 $11,118 $325,000 $162,500 $162,500
2016 $16,405 $425,000 $212,500 $212,500
2015 $17,757 $518,900 $365,500 $153,400
2014 $17,373 $518,900 $365,500 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571566

South Jersey Shore Regional MLS

APN: 02-00594-0000-00005