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1520 New Jersey Avenue

1520 New Jersey Avenue, Cape May, NJ 08204
Condo in Cape May
2 Units For Sale
Unit for sale at 1520 New Jersey Ave, Cape May, NJ 08204

$449,000

  • 1 Bed
  • 1 Bath
1520 New Jersey Ave #322, Cape May, NJ 08204 Listing by Valerie A LaBell

Unit for sale at 1520 New Jersey Avenue, Cape May, NJ 08204

$425,000 In Contract

  • 1 Bed
  • 1 Bath
1520 New Jersey Avenue #214, Cape May, NJ 08204 Listing by Courtney Romberger

1520 New Jersey Avenue is a condo located in Cape May, Cape May. The building was first built in 2008 and is 16 years old. The lot that the building was built on is 750 feet wide and 1,250 feet long. 1520 New Jersey Avenue has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! On weekends, residents can enjoy the building's deck and patio space. There are 18 closings on record. The most recent transaction was for unit 119, sold for $225,000 on Aug 15, 2017. Fun fact, the oldest transaction we have on record took place on Apr 16, 1996. See the full transaction history for 1520 New Jersey Avenue below.

Cape May, where 1520 New Jersey Avenue is located, has a median asking price of $749,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $449,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $425,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $437,000. Active units for sale at 1520 New Jersey Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.

Building Features

Parking

Assigned Parking

Driveway

Driveway
This property description is generated based on publicly available data.

17 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220627
06/27/2022
1 Bed
1 Bath
-
$419,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Michelle L Roberts - O'Donnell
Cape May
20220627 Unit 117
06/27/2022
117
1 Bed
1 Bath
532 ft²
$419,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
532 ft²
-
-
-
Michelle Roberts-O'Donnell
LONG & FOSTER REAL ESTATE, INC cm
20220504 Unit 201
05/04/2022
201
1 Bed
1 Bath
608 ft²
$424,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
608 ft²
-
-
-
Stacy Hutchinson
deSatnick Real Estate LLC - Cape May
20220110 Unit 206
01/10/2022
206
1 Bed
1 Bath
570 ft²
$399,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
570 ft²
-
-
-
Dolores Lanzalotti
JERSEY CAPE REALTY
20211123 Unit 224
11/23/2021
224
1 Bed
1 Bath
532 ft²
$375,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
532 ft²
-
-
-
Ami Menz,CRS,GRI,SRES,AB
COASTLINE REALTY, LLC
20211022 Unit 115
10/22/2021
115
1 Bed
1 Bath
-
$375,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Carol Menz,GRI,CRS,ABR,SFR
COASTLINE REALTY, LLC
20211002 Unit 223
10/02/2021
223
1 Bed
1 Bath
-
$359,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Margaret Kittner Bethel
COASTLINE REALTY, LLC
20210509 Unit 320
05/09/2021
320
1 Bed
1 Bath
-
$359,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20210323 Unit 202
03/23/2021
202
1 Bed
1 Bath
570 ft²
$349,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
570 ft²
-
-
-
-
20210119 Unit 123
01/19/2021
123
1 Bed
1 Bath
532 ft²
$349,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
532 ft²
-
-
-
-
20201211 Unit 212
12/11/2020
212
1 Bed
1 Bath
532 ft²
$350,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
532 ft²
-
-
-
-
20200820 Unit 309
08/20/2020
309
1 Bed
1 Bath
-
$329,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20181227 Unit 109
12/27/2018
109
1 Bed
1 Bath
-
$300,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20181022 Unit 225
10/22/2018
225
1 Bed
1 Bath
-
$269,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20180514
05/14/2018
1 Bed
1 Bath
-
-
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20180419 Unit 124
04/19/2018
124
1 Bed
1 Bath
-
$275,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Carol Menz,GRI,CRS,ABR,SFR
COASTLINE REALTY, LLC
20170708
07/08/2017
1 Bed
1 Bath
-
-
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,374
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,366
  • Building Area: 4,366
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,366
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MOINI DOUGLASS
  • Current Owner 2: MOINI BETH
  • Previous Owner : ANDRIELLO JOHN
  • Previous Owner 2: ANDRIELLO CAROL
  • Owner Before Previous Owner: NORTH POINT FAMILY LP

Neighborhood

  • School District Name: Cape May City School District
  • Census Tract: 021701

Zoning

  • Zoning: R1PW

Geography

  • Assessors Map Reference: TAX MAP 57
  • Account Number: 3549
  • District: 02
  • Parcel: 02 01175-0000-00001- 06
  • Block: 1175
  • Lot: 1.06
  • Municipality: CAPE MAY CITY
  • Latitude: 38.9376
  • Longitude: -74.8983

    Address

  • Full Address: 1520 New York Ave
  • Address - House Number: 1520
  • Address - Street Name: New York
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,748

    Appraisal Valuation

  • Standard Deviation: 0.2166
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 4,238,185
  • High Value: 5,156,346
  • Low Value: 3,320,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: STIFEL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $2,868,726
  • Market Land Value: $1,299,376
  • Market Improvement Value: $1,569,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,931,800
  • Assessed Land Value: $875,000
  • Assessed Improvements Value: $1,056,800

    Sales

  • Current Sale Contract Date: Jun 16, 2017
  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Transaction ID: 1588971943
  • Current Sale Price: $1,862,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 9811
  • Previous Sale Recording Date: Jun 03, 2004
  • Previous Sale Contract Date: May 15, 2004
  • Previous Sale Amount: $682,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STURDY SAVINGS BANK
  • First Mortgage Transaction Date: Jun 27, 2017
  • First Mortgage Loan Amount: $1,396,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

About Cape May



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1520 New Jersey Avenue located in?
The 1520 New Jersey Avenue is a condo located in the neighborhood of Cape May in Cape May, Cape May.
How many listings are currently for sale in 1520 New Jersey Avenue?
There are two listings currently on the market for sale.
What is the average sales price for listings in 1520 New Jersey Avenue?
The average sales price for units in 1520 New Jersey Avenue is $437,000 currently.

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