NOT LISTED FOR SALE

Estimated Value: $1,117,000 - $1,853,254

1.29 Acres
$1,151,261 Price per Acre
56,192 Sq Ft Lot

Last Sold October 17, 2022

Last sale price $1,550,000 $388 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,692/month

2 Days on Market

Highlights

  • Docks
  • Island Location
  • Level Lot
  • Property Fronts a Bay or Harbor

About This Lot

As of October 2022

This home is located at 7118 Park Blvd, Wildwood Crest, NJ 08260 since 01 June 2022 and is currently estimated at $1,485,127, approximately $371 per square foot. 7118 Park Blvd is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Carole Pantalone

HOFFMAN AGENCY Listed on: 06/01/2022

Last Buyer's Agent

Jacqueline Byron

HOFFMAN AGENCY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,872

Lot Details

  • Lot Dimensions are 56x118
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Cleared Lot
  • Property is zoned Commercial, Other (See Remarks)

Outdoor Features

  • Bulkhead
  • Docks

Location

  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 76

Property Details

Property Type

Land

Est. Annual Taxes

$9,872

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • Location: Bay Front, Cleared Lot, Island
  • District Township: 15-Wildwood Crest
  • Near: Lake
  • Beach Proximity: 4 Blocks
  • Lot Size2: 56X118
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 56

Lot Info

  • Lot Number: 1
  • Lot Size: 1 to 6000 SqFt
  • Zoning: residentia
  • Improvements: Paved Road, Curb, Sidewalk, Gas, Electric, Bulkhead, Dock
  • Specific Lot Information: Other (See Remarks)
  • Topography: Cleared, Level
  • Zoning: Residential, Commercial, Other (See Remarks)

Tax Info

  • Taxes: 9872.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Oct 17, 2022
Sold by
C C Docks Inc
Bought by
7116 Park Blvd Llc
Seller's Agent
Carole Pantalone
HOFFMAN AGENCY
Buyer's Agent
Jacqueline Byron
HOFFMAN AGENCY
List Price
$1,550,000
Sold Price
$1,550,000
Current Estimated Value
$1,485,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,873
Avg. Annual Appreciation
-1.34%
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
7116 Park Blvd Llc $3,900,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $1,550,000 0.0% $388 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $1,550,000 -- $388 / 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 $10,560 $740,000 $724,700 $15,300
2024 $10,560 $740,000 $724,700 $15,300
2023 $10,404 $740,000 $724,700 $15,300
2022 $10,108 $740,000 $724,700 $15,300
2021 $9,812 $740,000 $724,700 $15,300
2020 $9,539 $740,000 $724,700 $15,300
2019 $9,465 $740,000 $724,700 $15,300
2018 $9,309 $740,000 $724,700 $15,300
2017 $9,124 $740,000 $724,700 $15,300
2016 $8,836 $740,000 $724,700 $15,300
2015 $8,960 $761,900 $746,600 $15,300
2014 $9,624 $836,900 $821,600 $15,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223302

Cape May County Association of REALTORS®

APN: 15-00076-0000-00001