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223 East 2nd Avenue

223 East 2nd Avenue, Wildwood, NJ 08260
Property in Cape May
Refi Sep 11, 2015
Transfer
$50,000 by Pnc Bank Na
Mortgage
223 East 2nd Avenue in Wildwood, NJ was first built in 1974 and is 50 years old. This has been categorized as a residential property type. There are a total of 2 floors. 223 East 2nd Avenue has 3,286 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 1,000. In total, the area measurement of the land is 5,001 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,823 in taxes each year. 223 East 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $485,100. If we break it down further, the land itself was valued at $250,000. Improvements to the property, however, were assessed at a total of $235,100. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1974
  • Effective Year Built: 1974
  • 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: 3,286
  • Building Area: 3,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,286
  • 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

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Wildwood City School District
  • Census Tract: 021300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 42
  • District: 07
  • Parcel: 07 00249-0000-00013
  • Block: 249
  • Lot: 13
  • Municipality: NORTH WILDWOOD CITY
  • Latitude: 39.0048
  • Longitude: -74.7922

    Address

  • Full Address: 223 E 3rd Ave
  • Address - House Number: 223
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C016
  • 4-Digit Zip Code: 5935
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,823

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 1,157,179
  • High Value: 1,453,920
  • Low Value: 860,438

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $147,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Sep 11, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 11, 2015
  • Second Open Lien Mortgage Loan Amount: $97,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Closed-end Mortgage

    Market Valuation

  • Market Total Value: $691,518
  • Market Land Value: $356,379
  • Market Improvement Value: $335,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,100
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $235,100

    Exemptions

  • Veteran Exemption: Yes

About North Wildwood



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Frequently Asked Questions

What neighborhood is 223 East 2nd Avenue located in?
The 223 East 2nd Avenue is a located in the neighborhood of Cape May in North Wildwood, Wildwood.
What is the average sales price for listings in 223 East 2nd Avenue?
The average sales price for units in 223 East 2nd Avenue is $0 currently.

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