NOT LISTED FOR SALE

7 Cedarbrook Rd North Cape May, NJ 08204

Estimated Value: $1,028,432 - $1,246,000

0.18 Acre
$6,012,815 Price per Acre
8,015 Sq Ft Lot

Last Sold March 31, 2016

Last sale price $232,000

Est. 377% increase in value since last sale

Current estimated payment $6,828/month

125 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Building is beachfront but unit may not have water views

About This Lot

As of March 2016

7 Cedarbrook Road, what a find! Currently the only conforming 80x100 building lot with water views in historic Townbank! Imagine building your dream home off the bank of the Delaware Bay with sunsets that pull all the colors of the spectrum. A great neighborhood and coastal living at its best! Buyer is responsible for all permits and approvals. Water, sewer, and natural gas available on street.

Last Agent to Sell the Property

Hugh Merkle

COMPASS RE - Avalon Dune License #8240140 Listed on: 10/28/2015

COMPASS RE - Avalon Dune

Co-Listed By

Martha Jeannette DiNardo

COMPASS RE - Avalon Dune License #0122110

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,091

Lot Details

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

Additional Features

  • Water Views
  • Property near a bay

Listing and Financial Details

  • Legal Lot and Block 41,42,43 / 524

Property Details

Property Type

Land

Est. Annual Taxes

$3,091

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Beach Block, Cleared Lot, Water View
  • District Township: 05-Lower Township
  • Near: Delaware Bay
  • Bay Proximity: 1 Block
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 80

Lot Info

  • Lot Number: 41,42,43
  • Lot Size: 80x100
  • Zoning: RES
  • Lot Size Range: 6000 to 10000 SqFt
  • Topography: Partially Cleared
  • Zoning: Residential

Tax Info

  • Taxes: 3091.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2018
Sold by
Ingemar Raymond and Ingemar Elizabeth
Bought by
Brucecoliere Mary
Current Estimated Value
$1,106,358

Purchase Details

Listed on
Oct 28, 2015
Closed on
Mar 8, 2016
Sold by
Altemose Carol Jane
Bought by
Ingemar Raymond and Ingemar Elizabeth
Seller's Agent
Hugh Merkle
COMPASS RE - Avalon Dune
List Price
$298,000
Sold Price
$232,000
Premium/Discount to List
-$66,000
-22.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Nov 19, 1984
Bought by
Altemose Carol Jane
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

Date Buyer Sale Price Title Company
Brucecoliere Mary $299,000 --
Ingemar Raymond $232,000 Attorney
Altemose Carol Jane -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $232,000 -22.1% --
03/01/2016 03/01/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $298,000 -- --
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 $10,988 $541,800 $184,000 $357,800
2024 $10,988 $541,800 $184,000 $357,800
Source: Public Records

Agents Affiliated with this Home

  • Hugh Merkle

    Seller's Agent in 2016

    Hugh Merkle

    COMPASS RE - Avalon Dune

    (609) 602-0300

    3 in this area

    84 Total Sales

    Hugh Merkle
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Martha Jeannette DiNardo

    COMPASS RE - Avalon Dune

    (609) 368-9100

    5 in this area

    20 Total Sales

    Martha Jeannette DiNardo
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 166910

Cape May County Association of REALTORS®

APN: 05-00524-0000-00040

New Jersey Cape May County North Cape May 08204

7 Cedarbrook Rd, North Cape May, NJ

Not Listed for Sale

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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