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1066 Seashore Road

1066 Seashore Road, Cape May, NJ 08204
Property in Cape May
Sold Feb 03, 2021
$649,900
$560,000 by Bm Real Estate Services Inc
Mortgage Due Mar 01, 2052
Sold Sep 26, 2019
$475,000
$225,000 by United Wholesale Mortgage
Mortgage
Local assessors in Cape May, NJ have categorized 1066 Seashore Road as a residential type of property. The home was built in 1840 and is 184 years old. The property's lot size has been calculated to be 16,640 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 1,040 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1066 Seashore Road has a total of 1,892 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1066 Seashore Road sold most recently in Jan 15, 2021 for a total of $649,900. If you work out the math, that's approximately a cost of $343.50 per sqft. Before that, the property was also sold for $475,000 in Sep 20, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,035 in taxes each year. 1066 Seashore Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $301,900. If we break it down further, the land itself was valued at $211,000. Improvements to the property, however, were assessed at a total of $90,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1840
  • Effective Year Built: 1840
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,640
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.382
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PAPALIA ANNA
  • Previous Owner : FISHER ALAN J
  • Previous Owner 2: FISHER AMANDA G
  • Owner Before Previous Owner: DETORRE DAVID B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lower Township School District
  • Census Tract: 021900

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 05
  • Parcel: 05 00752- 01-00015- 03
  • Block: 752.01
  • Lot: 15.03
  • Municipality: LOWER TWP
  • Latitude: 38.9517
  • Longitude: -74.9262

    Address

  • Full Address: 1066 Seashore Rd
  • Address - House Number: 1066
  • Address - Street Name: Seashore
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Cape May
  • Carrier Code: R024
  • 4-Digit Zip Code: 4291
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: BM REAL ESTATE SERVICES INC
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $463,392
  • Market Land Value: $323,868
  • Market Improvement Value: $139,524

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,900
  • Assessed Land Value: $211,000
  • Assessed Improvements Value: $90,900

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Transaction ID: 11820273398
  • Current Sale Price: $649,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021005601
  • Previous Sale Recording Date: Sep 26, 2019
  • Previous Sale Contract Date: Sep 20, 2019
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS
  • First Mortgage Transaction Date: Feb 03, 2021
  • First Mortgage Loan Amount: $584,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Sep 26, 2019
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Cape May



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1066 Seashore Road located in?
The 1066 Seashore Road is a located in the neighborhood of Cape May in Cape May, Cape May.
What is the average sales price for listings in 1066 Seashore Road?
The average sales price for units in 1066 Seashore Road is $0 currently.

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