NOT LISTED FOR SALE

7405 New Jersey Ave Unit 2nd Floor Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $643,072 - $847,000

3 Beds
2 Baths
-- Sq Ft
3,790 Sq Ft Lot

Last Sold January 26, 2015

Last sale price $320,000

Est. 132% increase in value since last sale

Current estimated payment $4,452/month

133 Days on Market

Highlights

  • Water Views
  • Furnished
  • Skylights
  • Cathedral Ceiling
  • Great Room
  • Fireplace

About This Home

As of January 2015

Views, Views, Views!!! Spacious 3 Bedroom and 2 Bath, second floor of a duplex condominium. No Condo Fees. Panoramic views of Sunset Lake. Watch the boaters, sailors and water skiers all day and spectacular sunsets every evening. Large great room with cathedral ceilings, central air, fireplace for chilly fall evenings and no worries because it's fully furnished. Just outside your door is a walkway popular with joggers, walkers and bikers - join in, get fit, enjoy the sunshine and views! Very easy to show, you must see this home!

Last Agent to Sell the Property

Gregory Schoultz

TOWNSENDS INLET REALTY Listed on: 08/16/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,988

Year Built

  • Built in 1983

Lot Details

  • 3,790

Interior Spaces

  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Blinds
  • Great Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Pad
  • Driveway
  • Assigned Parking

Pool

  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 110

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,988

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1983
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Dining Room, Kitchen, Great Room

Garage/Parking

  • Parking: Parking Pad, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 2nd Floor
  • Common Area Features: Deck/Porch, Cable TV, Outside Shower
  • Condo Fees: Insurances
  • Unit Features: Fireplace, Wall To Wall Carpet, Skylight, Cathedral Ceiling
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 18
  • Total Assessment: 442200

Tax Info

  • Taxes: 4988.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2014
Closed on
Jan 26, 2015
Sold by
Schneider Britt Donna M
Bought by
Funari Joseph and Funari Monica
Seller's Agent
Gregory Schoultz
TOWNSENDS INLET REALTY
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%
Current Estimated Value
$742,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,768
Avg. Annual Appreciation
8.16%
Original Mortgage
$220,000
Outstanding Balance
$168,814
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$573,954

Purchase Details

Closed on
Aug 27, 1983
Bought by
Schneider John J and Schneider Marie K
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
Funari Joseph $320,000 Surety Title
Schneider John J $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funari Joseph $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2015 01/26/15 Sold $320,000 -14.7% --
12/27/2014 12/27/14 Pending -- -- --
08/16/2014 08/16/14 For Sale $375,000 -- --
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 $6,310 $442,200 $318,000 $124,200
2024 $6,310 $442,200 $318,000 $124,200
2023 $6,217 $442,200 $318,000 $124,200
2022 $6,040 $442,200 $318,000 $124,200
2021 $5,864 $442,200 $318,000 $124,200
2020 $5,700 $442,200 $318,000 $124,200
2019 $5,656 $442,200 $318,000 $124,200
2018 $5,563 $442,200 $318,000 $124,200
2017 $5,452 $442,200 $318,000 $124,200
2016 $5,280 $442,200 $318,000 $124,200
2015 $5,200 $442,200 $318,000 $124,200
2014 $5,085 $442,200 $318,000 $124,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gregory Schoultz

    TOWNSENDS INLET REALTY

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 159534

Cape May County Association of REALTORS®

APN: 15-00110-0000-00018-0000-C0002

New Jersey Cape May County Wildwood 08260 The Wildwoods

7405 New Jersey Ave Unit 2nd Floor, Wildwood, NJ

This home is located at 7405 New Jersey Ave Unit 2nd Floor, Wildwood, NJ 08260 since 16 August 2014 and is currently estimated at $742,768. This property was built in 1983. 7405 New Jersey Ave Unit 2nd Floor is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

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