NOT LISTED FOR SALE

602 Atlantic Ave Cape May, NJ 08204

Estimated Value: $459,000 - $797,695

2 Beds
1 Bath
620 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $710,000 $1,145 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,753/month

20 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Cottage
  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of November 2020

This sale includes Block 657, Lot 17 a 60x125 vacant lot- 604 Atlantic as well as the cottage at 602 Atlantic. Offers many opportunities to subdivide and build while enjoying the bay block cottage. Lot located at 604 Atlantic is assessed at 208, 400 with additional taxes of $3,759.54 Showings by appointment with some notice. Owner occupied.

Last Agent to Sell the Property

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty Listed on: 08/26/2020

Last Buyer's Agent

Janice Conwell

HOMESTEAD REAL ESTATE CO. INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,357

Year Built

  • Built in 1952

Lot Details

  • Building is beachfront but unit may not have water views
  • Interior Lot

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • 620 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 18 / 657

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,357

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Inside Lot, See Remarks
  • District Township: 05-Lower Township
  • Also Includes: Curtains, Blinds, Partial Furniture, Window Treatments
  • Estimated Year Built: 1952
  • Bay Proximity: 1 Block
  • New Construction: No
  • OFFICELIST_ADDRESS2: 604 Atlantic Avenue
  • Second Address Number: 602
  • Lot Size2: 60x125 **
  • Price per Sq Ft: 1145.16
  • Selling Agent1: 1395
  • Selling Office1: 44
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Smoke/Fire Alarm
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 620
  • Other Rooms: Living Room, Eat-In-Kitchen, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Cottage, See Remarks
  • Exterior: Asbestos
  • Frontage: 60
  • House Color: Tan
  • Outside Features: Deck, Storage Building, Outside Shower

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: Gas Natural, Baseboard, Hot Water
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 18
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 241500
  • Zoning: Res

Tax Info

  • Taxes: 4356.66
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 13, 2020
Sold by
Halloway Brenda L
Bought by
Reinhart George J and Reinhart Tracy L
Seller's Agent
Christina P. Clemans, ABR, CRS, GRI
Tim Kerr Sotheby's International Realty
Buyer's Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC.
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Current Estimated Value
$628,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,576
Avg. Annual Appreciation
-2.47%
Original Mortgage
$375,000
Outstanding Balance
$333,092
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$295,332

Purchase Details

Closed on
May 20, 1988
Bought by
Hollway Harvey J and Hollway Brenda L
Source: Public Records

Range of Values:

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Average Value
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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
Reinhart George J $710,000 None Available
Hollway Harvey J $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinhart George J $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $710,000 -5.2% $1,145 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $749,000 -- $1,208 / 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 $4,898 $241,500 $208,400 $33,100
2024 $4,898 $241,500 $208,400 $33,100
2023 $4,828 $241,500 $208,400 $33,100
2022 $4,680 $241,500 $208,400 $33,100
2021 $4,539 $241,500 $208,400 $33,100
2020 $4,468 $241,500 $208,400 $33,100
2019 $4,357 $241,500 $208,400 $33,100
2018 $4,253 $241,500 $208,400 $33,100
2017 $4,258 $241,500 $208,400 $33,100
2016 $4,192 $241,500 $208,400 $33,100
2015 $4,057 $241,500 $208,400 $33,100
2014 $3,924 $241,500 $208,400 $33,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2020

    Janice Conwell

    HOMESTEAD REAL ESTATE CO. INC.

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 203131

Cape May County Association of REALTORS®

APN: 05-00657-0000-00018

New Jersey Cape May County Cape May 08204

602 Atlantic Ave, Cape May, NJ

This home is located at 602 Atlantic Ave, Cape May, NJ 08204 since 26 August 2020 and is currently estimated at $628,424, approximately $1,013 per square foot. This property was built in 1952. 602 Atlantic 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.

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.

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