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82 Atlantic Avenue

82 Atlantic Avenue, Cape May, NJ 08204
Property in Cape May
Refi Nov 16, 2011
Transfer
$276,800 by E Mortgage Management Llc
Mortgage Due Nov 01, 2041
82 Atlantic Avenue has been categorized by the local assessors in Cape May, NJ as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The building has a total of 2 stories. In addition, 82 Atlantic Avenue has 2,576 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,501 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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. According to our sources, there is one available parking space. 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. 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 $8,000 in taxes each year. The initial year of tax delinquency occurred in 2017. 82 Atlantic Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $412,700. If we break it down further, the land itself was valued at $208,400. Improvements to the property, however, were assessed at a total of $204,300. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,576
  • Building Area: 2,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,576
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lower Township School District
  • Census Tract: 021806

Geography

  • Assessors Map Reference: TAX MAP 6.02
  • District: 05
  • Parcel: 05 00565-0000-00004
  • Block: 565
  • Lot: 4
  • Municipality: LOWER TWP
  • Latitude: 38.9844
  • Longitude: -74.9586

    Address

  • Full Address: 82 Atlantic Ave
  • Address - House Number: 82
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C004
  • 4-Digit Zip Code: 2136
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,000
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 985,522
  • High Value: 1,238,244
  • Low Value: 732,800

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $326,800
  • First Open Lien Mortgage Lender: E MORTGAGE MANAGEMENT LLC
  • First Open Lien Mortgage Recording Date: Nov 16, 2011
  • First Open Lien Mortgage Loan Amount: $276,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: May 11, 2012
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $633,461
  • Market Land Value: $319,877
  • Market Improvement Value: $313,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,700
  • Assessed Land Value: $208,400
  • Assessed Improvements Value: $204,300

    Exemptions

  • Veteran Exemption: Yes

About North Cape May



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 82 Atlantic Avenue located in?
The 82 Atlantic Avenue is a located in the neighborhood of Cape May in North Cape May, Cape May.
What is the average sales price for listings in 82 Atlantic Avenue?
The average sales price for units in 82 Atlantic Avenue is $0 currently.

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