NOT LISTED FOR SALE

603 Arctic Ave Cape May, NJ 08204

Estimated Value: $622,000 - $953,000

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 1, 2023

Last sale price $695,000

Est. 18% increase in value since last sale

Current estimated payment $4,787 / mo

119 Days on Market

Highlights

  • Property near a bay
  • Contemporary Architecture
  • Sun or Florida Room
  • Deck
  • Wood Flooring
  • Furnished

About This Home

As of March 2023

The bay beach area has become one of the most popular spots on the Jersey Shore. Sunsets and beaches are miles long!

Last Agent to Sell the Property

Charity R Clark, Abr, Gri

CAPE RESORTS REALTY License #9481499 Listed on: 11/02/2022

Last Buyer's Agent

James Zeitler

JERSEY CAPE REALTY License #0454884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,347

Lot Details

  • 7,405

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Blinds
  • Drapes & Rods
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Property near a bay
  • Deck
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 19 / 660

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,347

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 05-Lower Township
  • Near: 3 to bay
  • Also Includes: Drapes, Blinds, Furniture, See Remarks, Window Treatments
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Lot Size2: 7501
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dishwasher
  • Interior Amenities: Wood Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Eat-In-Kitchen, Pantry, Florida Room

Exterior Features

  • Construction: Ranch, Contemporary
  • Exterior: Vinyl
  • Frontage: 55
  • House Color: blue
  • Outside Features: Deck, Porch, Grill, Sidewalks

Garage/Parking

  • Parking Garage: Garage, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 19
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 4346.56
  • Tax Year: 2021

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
Nov 2, 2022
Closed on
Feb 24, 2023
Sold by
Bought by
Seller's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
Buyer's Agent
James Zeitler
JERSEY CAPE REALTY
List Price
$779,000
Sold Price
$695,000
Premium/Discount to List
-$84,000
-10.78%
Views
186
Current Estimated Value
$818,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,618
Avg. Annual Appreciation
5.04%
Original Mortgage
$521,250
Outstanding Balance
$499,318
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$319,300

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 6, 2020
Sold by
Bought by
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Charity R Clark, Abr, Gri
CAPE RESORTS REALTY
List Price
$430,000
Sold Price
$445,600
Premium/Discount to List
$15,600
3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%
Original Mortgage
$356,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$695,000 None Listed On Document
$445,600 None Available
$247,500 The Title Company Of Jersey
-- None Available
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 $521,250
Previous Owner $356,000
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 Prior Sale
12/20/2023 12/20/23 Pending -- -- --
03/01/2023 03/01/23 Sold $695,000 -4.7% --
11/29/2022 11/29/22 Price Changed $729,000 -6.4% --
11/02/2022 11/02/22 For Sale $779,000 +74.8% --
10/06/2020 10/06/20 Sold $445,600 +3.6% $376 / Sq Ft View Prior Sale
08/27/2020 08/27/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $430,000 -- $363 / 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 $4,689 $231,200 $136,900 $94,300
2025 $4,689 $231,200 $136,900 $94,300
2024 $4,689 $231,200 $136,900 $94,300
2023 $4,622 $231,200 $136,900 $94,300
2022 $4,481 $231,200 $136,900 $94,300
2021 $4,347 $231,200 $136,900 $94,300
2020 $4,277 $231,200 $136,900 $94,300
2019 $4,171 $231,200 $136,900 $94,300
2018 $4,071 $231,200 $136,900 $94,300
2017 $4,076 $231,200 $136,900 $94,300
2016 $4,014 $231,200 $136,900 $94,300
2015 $3,884 $231,200 $136,900 $94,300
2014 $3,647 $224,400 $136,900 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223412

Cape May County Association of REALTORS®

APN: 05-00660-0000-00019

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