NOT LISTED FOR SALE

702 Broadway Cape May, NJ 08204

Estimated Value: $1,315,000 - $1,671,000

4 Beds
3 Baths
2,288 Sq Ft
$638/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $670,000 $293 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,403/month

112 Days on Market

Highlights

  • Island Location
  • Deck
  • Corner Lot
  • West Cape May Elementary School Rated A
  • Sun or Florida Room
  • 1.5 Car Detached Garage

About This Home

As of January 2019

This home is located at 702 Broadway, Cape May, NJ 08204 since 26 July 2018 and is currently estimated at $1,459,518, approximately $637 per square foot. 702 Broadway is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Last Agent to Sell the Property

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 07/26/2018

Last Buyer's Agent

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 07/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,483

Lot Details

  • Lot Dimensions are 50x105
  • Corner Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • Drapes & Rods
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Island Location

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 15 / 55

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,483

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner, Island
  • District Township: 12-West Cape May
  • Also Includes: Drapes, Shades
  • New Construction: No
  • Second Address Number: 702
  • Lot Size2: 50x105
  • Selling Agent1: 3225
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Basement: Partial
  • Other Rooms: Living Room, Eat In Kitchen, Dining Area, Florida Room, Other

Exterior Features

  • Outside Features: Patio, Deck, Porch, Storage Building, Sidewalks

Garage/Parking

  • Parking: Garage, 1.5 Car, Detached

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Radiator, Hot Water
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 15
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6482.71
  • Tax Year: 2018

Multi Family

  • Number Of Units: 2
  • Total Rent: Seas.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Jan 25, 2019
Sold by
Pihl Jeffrey J and Lynn-Pihl Amanda
Bought by
Gaskill Jeffrey T and Pihl Amanda L
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%
Current Estimated Value
$1,459,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$789,518
Avg. Annual Appreciation
12.28%
Original Mortgage
$453,100
Outstanding Balance
$398,356
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,061,162

Purchase Details

Closed on
May 31, 2013
Sold by
Leaver Robert W
Bought by
Pihl Amanda Lynn and Pihl Jeffrey James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 1994
Sold by
Leaver Robert
Bought by
Leaver Robert and Swain Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.9%
Source: Public Records

Range of Values:

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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
Gaskill Jeffrey T $670,000 Seaboard Title
Pihl Amanda Lynn $585,000 The Title Company Of Jersey
Leaver Robert $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaskill Jeffrey T $453,100
Previous Owner Pihl Amanda Lynn $468,000
Previous Owner Leaver Robert $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $670,000 -4.1% $293 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $699,000 -- $306 / 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 $7,979 $530,500 $252,200 $278,300
2024 $7,979 $530,500 $252,200 $278,300
2023 $8,069 $530,500 $252,200 $278,300
2022 $7,188 $530,500 $252,200 $278,300
2021 $6,790 $530,500 $252,200 $278,300
2020 $6,997 $530,500 $252,200 $278,300
2019 $6,652 $530,500 $252,200 $278,300
2018 $6,711 $530,500 $252,200 $278,300
2017 $6,483 $530,500 $252,200 $278,300
2016 $6,483 $530,500 $252,200 $278,300
2015 $6,095 $530,500 $252,200 $278,300
2014 $6,095 $530,500 $252,200 $278,300
Source: Public Records

Agents Affiliated with this Home

  • Ryan Griffin

    Seller's Agent in 2019

    Ryan Griffin

    deSatnick Real Estate LLC - Cape May

    (609) 602-5578

    49 in this area

    118 Total Sales

    Ryan Griffin
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 183153

Cape May County Association of REALTORS®

APN: 12-00055-0000-00015

New Jersey Cape May County Cape May 08204

702 Broadway, Cape May, NJ

This home is located at 702 Broadway, Cape May, NJ 08204 since 26 July 2018 and is currently estimated at $1,459,518, approximately $637 per square foot. 702 Broadway is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High 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.

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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