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115 Eldredge Avenue

115 Eldredge Avenue, Cape May, NJ 08204
Property in Cape May
Sold Jun 29, 2015
$325,000
$350,000 by Firstrust Bank
Mortgage
115 Eldredge Avenue in Cape May, NJ was first built in 1945 and is 79 years old. This has been categorized as a residential property type. There are a total of 2 floors. 115 Eldredge Avenue has 1,536 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 730. In total, the area measurement of the land is 3,650 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 115 Eldredge Avenue was last sold in Jun 18, 2015 for $325,000. According to our calculations, that's $211.59 per sqft. Current property owners are expected to pay $5,585 in taxes per year. The property on 115 Eldredge Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $367,200. To break that down further, the land itself was valued at $262,200. While improvements to the property were assessed at a total of $105,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,650
  • Lot Size Depth Feet: 730
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PITTS MATTHEW J
  • Current Owner 2: PITTS KIMBERLY B
  • Previous Owner : GONSECKI GERALD
  • Previous Owner 2: GARBER ALBERT
  • Vacant Flag Date: Apr 28, 2023

Neighborhood

  • School District Name: Lower Cape May Regional School District
  • Census Tract: 021900

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 12
  • Parcel: 12 00007-0000-00005
  • Block: 7
  • Lot: 5
  • Municipality: WEST CAPE MAY BORO
  • Latitude: 38.9378
  • Longitude: -74.9296

    Address

  • Full Address: 115 Emerald Ave
  • Address - House Number: 115
  • Address - Street Name: Emerald
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C007
  • 4-Digit Zip Code: 1229
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,585

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 872,777
  • High Value: 1,096,543
  • Low Value: 649,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: FIRSTRUST BANK
  • First Open Lien Mortgage Recording Date: Aug 19, 2022
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $636,285
  • Market Land Value: $454,341
  • Market Improvement Value: $181,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,200
  • Assessed Land Value: $262,200
  • Assessed Improvements Value: $105,000

    Sales

  • Current Sale Contract Date: Jun 18, 2015
  • Current Sale Recording Date: Jun 29, 2015
  • Current Sale Transaction ID: 1308758384
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0053

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: Jun 29, 2015
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2045

About West Cape May



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Frequently Asked Questions

What neighborhood is 115 Eldredge Avenue located in?
The 115 Eldredge Avenue is a located in the neighborhood of Cape May in West Cape May, Cape May.
What is the average sales price for listings in 115 Eldredge Avenue?
The average sales price for units in 115 Eldredge Avenue is $0 currently.

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