$436,500
SOLD OCT 25, 2022

716 Wayne Ave Cape May, NJ 08204

2 Beds
1 Bath
808 Sq Ft
1.43 Acres

Recently Sold

$540 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Deck
  • Furnished
  • Eat-In Kitchen
  • Ranch Style House
  • 1.5 Car Detached Garage
  • Interior Lot

About This Home

As of October 2022

This home is located at 716 Wayne Ave, Cape May, NJ 08204 and is currently priced at $436,500, approximately $540 per square foot. 716 Wayne Ave 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

Ryan Griffin

deSatnick Real Estate LLC - Cape May License #0999877 Listed on: 09/22/2022

Last Buyer's Agent

Christina Cavalier

FARRELL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,254

Lot Details

  • Lot Dimensions are 62x125
  • Interior Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1.5 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 13 / 681

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,254

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, See Remarks
  • District Township: 05-Lower Township
  • Also Includes: Shades, Blinds, Furniture, See Remarks
  • New Construction: No
  • Second Address Number: 716
  • Lot Size2: 62x125
  • Selling Agent1: 1922
  • Selling Office1: 28
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Smoke/Fire Alarm, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 6
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Eat-In-Kitchen, Dining Area, See Remarks

Exterior Features

  • Construction: Ranch
  • Exterior: Vinyl
  • Frontage: 62
  • Outside Features: Deck, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 13
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3254.28
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 25, 2022
Sold by
Scott William Joseph and Scott Hayley
Bought by
Loewenthal Melanie and Loewenthal Madeline
Seller's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
Buyer's Agent
Christina Cavalier
FARRELL REALTY
List Price
$445,000
Sold Price
$436,500
Premium/Discount to List
-$8,500
-1.91%
Current Estimated Value
$552,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,875
Avg. Annual Appreciation
5.94%

Purchase Details

Listed on
Nov 20, 2017
Closed on
Jan 26, 2018
Sold by
Schmoyer 3Rd Carlf
Bought by
Scott William J
Seller's Agent
Christina Cavalier
FARRELL REALTY
Buyer's Agent
Ryan Griffin
deSatnick Real Estate LLC - Cape May
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Original Mortgage
$72,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 6, 2017
Closed on
Jul 14, 2017
Sold by
Nero Frank and Nero Andrea M
Bought by
Schmoyer Carl F
Seller's Agent
Richard Parker
deSatnick Real Estate LLC - Lower Township
Buyer's Agent
Christina Cavalier
FARRELL REALTY
List Price
$239,900
Sold Price
$242,500
Premium/Discount to List
$2,600
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%
Original Mortgage
$194,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2007
Sold by
Foster Ruth
Bought by
Nero Frank and Nero Andrea M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $436,500 Surety Title
Deed $240,000 --
Deed $242,500 None Available
Bargain Sale Deed $228,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,000 Purchase Money Mortgage
Previous Owner $194,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $436,500 -1.9% $540 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $445,000 +85.4% $551 / Sq Ft
01/26/2018 01/26/18 Sold $240,000 -4.0% $297 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $249,900 +3.1% $309 / Sq Ft
07/14/2017 07/14/17 Sold $242,500 +1.1% $300 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $239,900 -- $297 / 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 $3,510 $173,100 $117,300 $55,800
2024 $3,510 $173,100 $117,300 $55,800
2023 $3,460 $173,100 $117,300 $55,800
2022 $3,355 $173,100 $117,300 $55,800
2021 $3,202 $173,100 $117,300 $55,800
2020 $3,202 $173,100 $117,300 $55,800
2019 $3,123 $173,100 $117,300 $55,800
2018 $3,048 $173,100 $117,300 $55,800
2017 $3,016 $171,100 $117,300 $53,800
2016 $2,970 $171,100 $117,300 $53,800
2015 $2,874 $171,100 $117,300 $53,800
2014 $2,780 $171,100 $117,300 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222990

Cape May County Association of REALTORS®

APN: 05-00681-0000-00013