NOT LISTED FOR SALE

615 Jonathan Hoffman Rd Cape May, NJ 08204

Estimated Value: $655,000 - $911,000

1.34 Acres
$585,450 Price per Acre
58,370 Sq Ft Lot

Sale Details

Date Sold: August 31, 2020

Last sale price $132,500 $93 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $4,727 / mo

148 Days on Market

About This Lot

As of August 2020

This home is located at 615 Jonathan Hoffman Rd, Cape May, NJ 08204 since 10 March 2020 and is currently estimated at $784,503, approximately $550 per square foot. 615 Jonathan Hoffman Rd 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

Joan A. Flood

RE/MAX SURFSIDE License #0790676 Listed on: 03/10/2020

RE/MAX SURFSIDE

Last Buyer's Agent

Joan A. Flood

RE/MAX SURFSIDE License #0790676 Listed on: 03/10/2020

RE/MAX SURFSIDE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,591

Lot Details

  • 1.34 Acre Lot
  • Wooded Lot
  • Property is zoned R2

Listing and Financial Details

  • Legal Lot and Block 18.02 / 741

Property Details

Property Type

Land

Est. Annual Taxes

$2,591

Lot Details

1.34 Acres

Listing Details

  • Class: LOTS/LAND
  • Type: Residential Vacant Lot
  • District Township: 05-Lower Township
  • Lot Size2: 1.342
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Number: 18.02
  • Lot Size: 1+ Acre to 5 Acres
  • Zoning: R2
  • Number Of Acres: 1.34
  • Specific Lot Information: Perc Test Required
  • Topography: Wooded
  • Zoning: Residential

Tax Info

  • Taxes: 2590.54
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Ludeman Chad J and Ludeman Courtney R
Bought by
Muckenhirn Kate E and Stitz Alexandra
Current Estimated Value
$784,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Outstanding Balance
$465,703
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$318,800

Purchase Details

Closed on
Jan 19, 2018
Sold by
Ferris Shawn J and Ferris Allison H
Bought by
Ludeman Chad J and Ludeman Courtney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,675
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
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
Muckenhirn Kate E $505,000 National Integrity
Muckenhirn Kate E $505,000 National Integrity
Ludeman Chad J $296,500 --
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 Muckenhirn Kate E $479,750
Closed Muckenhirn Kate E $479,750
Previous Owner Ludeman Chad J $281,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $132,500 -17.1% $93 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $159,900 +99.9% $112 / Sq Ft
04/20/2018 04/20/18 Sold $80,000 -49.7% $56 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
09/06/2017 09/06/17 For Sale $159,000 -- $112 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $5,770 $284,500 $120,400 $164,100
2024 $5,770 $284,500 $120,400 $164,100
2023 $5,687 $284,500 $120,400 $164,100
2022 $5,514 $284,500 $120,400 $164,100
2021 $5,349 $284,500 $120,400 $164,100
2020 $5,263 $284,500 $120,400 $164,100
2019 $5,132 $284,500 $120,400 $164,100
2018 $5,010 $284,500 $120,400 $164,100
2017 $5,016 $284,500 $120,400 $164,100
2016 $4,939 $284,500 $120,400 $164,100
2015 $4,780 $284,500 $120,400 $164,100
2014 $4,623 $284,500 $120,400 $164,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201037

Cape May County Association of REALTORS®

APN: 05-00741-04-00022

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