by RHP Realty

See Home Value
Cape May 08204
105 QUEEN ST
$1,350,000
House - Off Market

105 QUEEN ST

Cape May, NJ 08204
bedrooms
5 Beds
bathrooms
3 Baths
$1,360,466
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Investment property generates gross income $50,000/year Rental income of $5,125/week during peak summer season Quarter acre property (corner lot) is zoned for two family construction One block and a half from beach(90 second walk to ocean) TWO master bedroom suites. One full bath, two baths with shower, one lavatory Queen street access to beach... has Steger Beach box storage accommodations AND surfing access Half mile walk to Washington Street Mall Complete home renovation in 2006. Off street parking for at least four vehicles
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$643
HOA Dues
-
Year Built
1950
Last updated: 12 months ago (CMCMLS #175967)

Price History

Date / Event Date Event Price
Jun 8, 2018 Sold to Karen Wenzel, William Wenze... $1,290,000
Sold to Karen Wenzel, William Wenze...
Jul 8, 2017 Listed by REALMART REALTY $1,450,000
Listed by REALMART REALTY
Apr 27, 2017 Listed by REALMART REALTY $1,350,000
Listed by REALMART REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,598
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WENZEL WILLIAM
  • Current Owner 2: WENZEL KAREN
  • Previous Owner : HYNES EDWARD J
  • Previous Owner 2: HYNES REBECCA J
  • Owner Before Previous Owner: LUKENS JOHN J
  • Owner Generation Identifier: JR
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 02, 2024

Neighborhood

  • School District Name: Cape May City School District
  • Census Tract: 022000

Zoning

  • Zoning: R-S

Geography

  • Assessors Map Reference: TAX MAP 26
  • Account Number: 1803
  • District: 02
  • Parcel: 02 01096-0000-00001
  • Block: 1096
  • Lot: 1
  • Municipality: CAPE MAY CITY
  • Latitude: 38.9328
  • Longitude: -74.913

    Address

  • Full Address: 105 Queen St
  • Address - House Number: 105
  • Address - Street Name: Queen
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C003
  • 4-Digit Zip Code: 1625
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,961

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 1,991,643
  • High Value: 2,496,811
  • Low Value: 1,486,475

    Market Valuation

  • Market Total Value: $1,377,339
  • Market Land Value: $1,030,591
  • Market Improvement Value: $346,748

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $927,500
  • Assessed Land Value: $694,000
  • Assessed Improvements Value: $233,500

    Sales

  • Current Sale Contract Date: May 24, 2018
  • Current Sale Recording Date: Jun 08, 2018
  • Current Sale Transaction ID: 11473567278
  • Current Sale Price: $1,290,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018057924
  • Previous Sale Recording Date: Mar 18, 1996
  • Previous Sale Contract Date: Mar 08, 1996
  • Previous Sale Amount: $223,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Jun 08, 2018
  • First Mortgage Loan Amount: $838,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FT MORT COS
  • Previous Mortgage Transaction Date: Mar 18, 1996
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
1,891 ft²
$526/ft²
$995,000 Mar 30, 2021
$995,000 Sep 13, 2021
-
Townhouse
4 Beds
3 Baths
2,037 ft²
$614/ft²
$1,250,000 Jan 17, 2021
$1,250,000 Mar 26, 2021
$416/mo
Condo
4 Beds
3 Baths
2,670 ft²
$511/ft²
$1,365,000 Jan 29, 2020
$1,365,000 Jul 28, 2020
$500/mo
House
4 Beds
2 Baths
-
$1,379,000 May 24, 2023
-
-
House
4 Beds
4 Baths
-
$1,600,000 Jul 14, 2021
-
-
Multifamily
4 Beds
-
-
$1,300,000 Apr 10, 2023
-
-
House
3 Beds
1 Bath
-
$1,600,000 Jan 9, 2023
-
-
House
7 Beds
3 Baths
-
$1,620,000 Nov 12, 2022
-
-
Land
Loft
-
-
$1,575,000 Nov 11, 2021
-
-
Land
Loft
-
-
$1,099,000 Oct 10, 2022
-
-

About Cape May


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Nearby Rentals



Frequently Asked Questions

When was property at 105 Queen Street built and last sold?
The property at 105 Queen Street was built in 1950 and last sold on May 24, 2018 for $1,290,000.
How much is this home worth?
The estimated value of the home located at 105 Queen Street is $1,454,207.
What are some comparable homes to 105 Queen Street?
There are currently no comparable homes to 105 Queen Street.

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