NOT LISTED FOR SALE

720 Jonathan Hoffman Rd Cape May, NJ 08204

Estimated Value: $853,000 - $944,438

3 Beds
2 Baths
2,100 Sq Ft
$428/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $580,000 $276 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,429/month

8 Days on Market

Highlights

  • Waterfront
  • 4 Car Detached Garage
  • Interior Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Patio

About This Home

As of July 2021

This home is located at 720 Jonathan Hoffman Rd, Cape May, NJ 08204 since 24 May 2021 and is currently estimated at $899,360, approximately $428 per square foot. This property was built in 1950. 720 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

Carol Menz

COASTLINE REALTY, LLC Listed on: 05/24/2021

Last Buyer's Agent

William Bezaire

Coldwell Banker Sol Needles Real Estate

Coldwell Banker Sol Needles Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,935

Year Built

  • Built in 1950

Lot Details

  • Waterfront
  • Interior Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Living Room
  • Dining Room
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 747.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,935

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Mainland, Water Front, Water View
  • District Township: 05-Lower Township
  • Near: Canal front
  • Also Includes: Shades, Blinds
  • Estimated Year Built: 1950/1988
  • New Construction: No
  • Lot Size2: 70 x 157I.
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Interior Amenities: Wood Flooring, Storage, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 9
  • Basement: Crawl Space, Inside Entrance
  • Estimated Living Sq Ft: 2100
  • Other Rooms: Living Room, Dining Room, Eat-In-Kitchen, Pantry, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • Frontage: 70
  • Outside Features: Patio

Garage/Parking

  • Parking Garage: Garage, 1 Car, Detached, Black Top Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Electric
  • Heating: Gas Natural, Baseboard, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 10
  • Lot Size: 10000-20000 SqFt

Tax Info

  • Taxes: 6935.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 15, 2021
Sold by
Rumsey Elizabeth S
Bought by
Bracken Matthew and Bracken Anne
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
William Bezaire
Coldwell Banker Sol Needles Real Estate
List Price
$565,000
Sold Price
$580,000
Premium/Discount to List
$15,000
2.65%
Current Estimated Value
$899,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,360
Avg. Annual Appreciation
10.17%
Original Mortgage
$250,000
Outstanding Balance
$226,836
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$672,524

Purchase Details

Closed on
Sep 22, 1992
Sold by
Rumsey Robert C
Bought by
Rumsey Robert C and Rumsey Elizabeth S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bracken Matthew $580,000 Misc Company
Bracken Matthew $580,000 Title Company Of Jersey
Rumsey Robert C -- --
Rumsey Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bracken Matthew $250,000
Closed Bracken Matthew $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $580,000 +2.7% $276 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $565,000 -- $269 / 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 $7,877 $388,400 $274,700 $113,700
2024 $7,877 $388,400 $274,700 $113,700
Source: Public Records

Agents Affiliated with this Home

  • Carol Menz

    Seller's Agent in 2021

    Carol Menz

    COASTLINE REALTY, LLC

    (609) 374-0325

    110 in this area

    257 Total Sales

    Carol Menz
    Section Image
  • William Bezaire

    Buyer's Agent in 2021

    William Bezaire

    Coldwell Banker Sol Needles Real Estate

    (609) 827-3513

    12 in this area

    52 Total Sales

    William Bezaire
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211883

Cape May County Association of REALTORS®

APN: 05-00747-01-00010

New Jersey Cape May County Cape May 08204

720 Jonathan Hoffman Rd, Cape May, NJ

Not Listed for Sale

Detached

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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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