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159 Academy Lane

159 Academy Lane, Cape May Court House, NJ 08210
Property in Cape May
Sold Aug 03, 1994
$175,000
$158,000 by Collective Bank
Mortgage
159 Academy Lane has been categorized by the local assessors in Cape May Court House, NJ as a residential type of property. The building on the property was first built in 1987 and is 37 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 159 Academy Lane has 2,199 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 41,992 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Jul 29, 1994 for $175,000. That's $79.58 per sqft. 159 Academy Lane was last assessed in 2023. The total value of the property was assessed at $298,800. Specifically, the land the property is located on was valued at $89,600. While improvements on the property were assessed at a total of $209,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,412. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 41,992
  • Total Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.964
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROGERS DONALD
  • Current Owner 2: ROGERS JOAN
  • Previous Owner : LEWIS DAVID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Dennis Township School District
  • Census Tract: 020700

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 04
  • Parcel: 04 00256- 05-00031
  • Block: 256.05
  • Lot: 31
  • Municipality: DENNIS TWP
  • Latitude: 39.1691
  • Longitude: -74.748

    Address

  • Full Address: 159 Academy Ln
  • Address - House Number: 159
  • Address - Street Name: Academy
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Cape May Court House
  • Carrier Code: R006
  • 4-Digit Zip Code: 1179
  • Zip Code: 08210

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,412

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 526,663
  • High Value: 661,718
  • Low Value: 391,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,000
  • First Open Lien Mortgage Lender: COLLECTIVE BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 1994
  • First Open Lien Mortgage Loan Amount: $158,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $381,463
  • Market Land Value: $114,388
  • Market Improvement Value: $267,075

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,800
  • Assessed Land Value: $89,600
  • Assessed Improvements Value: $209,200

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 1994
  • Current Sale Recording Date: Aug 03, 1994
  • Current Sale Transaction ID: 1118162318
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLLECTIVE BANK
  • First Mortgage Transaction Date: Aug 03, 1994
  • First Mortgage Loan Amount: $158,000
  • First Mortgage Terms: 360

About Cape May



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Frequently Asked Questions

What neighborhood is 159 Academy Lane located in?
The 159 Academy Lane is a located in the neighborhood of Cape May in Cape May, Cape May Court House.
What is the average sales price for listings in 159 Academy Lane?
The average sales price for units in 159 Academy Lane is $0 currently.

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