See Home Value
$1,178,714*
House - Off Market

202 Yale

Cape May Point, NJ 08212
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$720,000 - $878,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold Jul 08, 2019
$757,000
$590,000 by Draper And Kramer Mortgage Cor
Mortgage Due Jan 01, 2053
Sold Jan 17, 1996
$125,000

About This Property

Spacious Cape May Point Home.  Perfectly set up for entertaining friends and family in the generous great room with a fireplace. The great room is completely open to the large dining area and kitchen.  Vaulted ceilings and plenty of windows open the areas to sunlight and fresh ocean air.  The house has 4 bedrooms and 2 and a half baths (including the very large Master bedroom and full bath).  There are 2 sizable decks, one off the great room and one at the roof level. Both are perfect for morning coffee, enjoying the sun all day or just catching the sunset after a day at the beach.  A new 50 year roof has been installed and the warranty is transferable to the buyers.  The floored attic has plenty of storage space.  Additionally, there is a large area in the crawl space for kayaks and surfboards and a perfect storage space for bikes and chairs next to the outside shower. Just two short blocks to the beach.  In addition to being a fabulous home to enjoy in all seasons, this would be an excellent summer rental.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$4,237
HOA Dues
-
Year Built
1996

Price History

Date / Event Date Event Price
Jul 8, 2019 Sold to Donald E Watnick, Valerie J... $757,000
Sold to Donald E Watnick, Valerie J...
May 26, 2019 No longer available -
No longer available
Apr 20, 2019 Price Decreased $799,000
↓ $15K (1.8%)
Price Decreased
Feb 7, 2019 Listed $814,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OBE L120

Ownership

  • Current Owner : WATNICK VALERIE J
  • Current Owner 2: WATNICK DONALD E
  • Previous Owner : KELSO PAUL S
  • Owner Before Previous Owner: LONG BEVERLY

Neighborhood

  • School District Name: Cape May Point Borough School District
  • Census Tract: 021900

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 03
  • Parcel: 03 00045-0000-00005
  • Block: 45
  • Lot: 5
  • Municipality: CAPE MAY POINT BORO
  • Latitude: 38.9336
  • Longitude: -74.9632

    Address

  • Full Address: 202 Yale Ave
  • Address - House Number: 202
  • Address - Street Name: Yale
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May Point
  • Carrier Code: R777
  • 4-Digit Zip Code: 3128
  • Zip Code: 08212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,285

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 1,674,614
  • High Value: 2,104,043
  • Low Value: 1,245,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $590,000
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $590,000
  • First Open Lien Mortgage Term: 372
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $1,067,747
  • Market Land Value: $699,558
  • Market Improvement Value: $368,189

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $725,000
  • Assessed Land Value: $475,000
  • Assessed Improvements Value: $250,000

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Jul 08, 2019
  • Current Sale Transaction ID: 11625562658
  • Current Sale Price: $757,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019099176
  • Previous Sale Recording Date: Jan 17, 1996
  • Previous Sale Contract Date: Jan 02, 1996
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Mortgage Transaction Date: Jul 08, 2019
  • First Mortgage Loan Amount: $605,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Aug 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cape May Point


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Frequently Asked Questions

When was property at 202 Yale Avenue built and last sold?
The property at 202 Yale Avenue was built in 1996 and last sold on Jul 1, 2019 for $757,000.
How much is this home worth?
The estimated value of the home located at 202 Yale Avenue is $806,990.
What are some comparable homes to 202 Yale Avenue?
There are currently no comparable homes to 202 Yale Avenue.

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