Amazing "Key West" vibe from this turnkey resort like home with an oversized in-ground heated pool, backyard bar with a covered entertainment area and a large paver stone patio that can accommodate many large fun family reunions. The house just went through a modern makeover while keeping the eclectic, fun 70's vibe. The Kitchen and 2 bathrooms have been beautifully redone as well as the installation of custom built in cabinets around the large gas fireplace. There is also an interior bar that perfectly serves the large Great Room that leads out to the pool area. This rancher is surprisingly large and expansive and is resting on a massive 75 x 125 lot that is in a X Flood Zone (banks traditionally do not require flood insurance in this Zone). This property has been wonderfully decorated! It is a super investment property (grossing close to $90,000 in income this year) that you will definitely enjoy with your family and friends. There is not a better "Happy Hour" house in Cape May, the fenced in backyard entertainment area is amazing!!
Sold for $1,475,000
$1,475,000
1061 Michigan Ave, Cape May, NJ 08204
3beds
--sqft
Single Family Residence
Built in ----
9,375 Square Feet Lot
$1,820,600 Zestimate®
$--/sqft
$3,463 Estimated rent
Home value
$1,820,600
$1.60M - $2.09M
$3,463/mo
Zestimate® history
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List your homeWhat's special
Backyard barLarge paver stone patioLarge gas fireplaceLarge great roomCustom built in cabinets
Zillow last checked:
Listing updated:
Listed by:
James Zeitler 609-741-0664,
JERSEY CAPE REALTY
Bought with:
Thomas Shagren, 0342076
JERSEY CAPE REALTY
Source: CMCAOR,MLS#: 231884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Dining Area, Great Room
Heating
- Natural Gas, Electric, Hot Water
Cooling
- Central Air
Appliances
- Included: Range, Oven, Self Cleaning Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Gas Water Heater
Features
- Bar, Cathedral Ceiling(s)
- Flooring: Wood
- Windows: Shades, Blinds
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas
Property
Parking
- Total spaces: 3
- Parking features: 3 Car, Concrete
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio, Porch
- Exterior features: Sidewalks, Outdoor Shower
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Fenced
Lot
- Size: 9,375 Square Feet
- Dimensions: 75 x 125
Details
- Additional structures: Storage
- Parcel number: 0201110000000095
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Cape May
Financial & listing details
- Tax assessed value: $518,100
- Annual tax amount: $5,024
- Date on market: 7/19/2023
- Inclusions: Shades, Blinds
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2023 | Sold | $1,475,000-7.5% |
Source:  CMCAOR #231884 Report a problem | ||
| 8/15/2023 | Contingent | $1,595,000 |
Source: CMCAOR #231884 Report a problem | ||
| 7/19/2023 | Listed for sale | $1,595,000+6.7% |
Source: CMCAOR #231884 Report a problem | ||
| 4/2/2023 | Listing removed | -- |
Source: CMCAOR #222713 Report a problem | ||
| 12/28/2022 | Price change | $1,495,000-11.8% |
Source: CMCAOR #222713 Report a problem | ||
| 10/21/2022 | Listed for sale | $1,695,000-22.8% |
Source: CMCAOR #222713 Report a problem | ||
| 10/12/2022 | Listing removed | -- |
Source: CMCAOR #222713 Report a problem | ||
| 8/26/2022 | Listed for sale | $2,195,000+143.9% |
Source: CMCAOR #222713 Report a problem | ||
| 1/17/2022 | Sold | $900,000-2.7% |
Source: CMCAOR #220038 Report a problem | ||
| 1/10/2022 | Contingent | $925,000 |
Source: CMCAOR #220038 Report a problem | ||
| 1/10/2022 | Pending sale | $925,000+2.8% |
Source:  SJSRMLS #558599 Report a problem | ||
| 1/17/2021 | Sold | $900,000 |
Source: SJSRMLS #558599 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,476 | $518,100 |
| 2024 | $5,476 -1.6% | $518,100 |
| 2023 | $5,564 +10.8% | $518,100 |
| 2022 | $5,024 +5.2% | $518,100 |
| 2021 | $4,776 -1.8% | $518,100 |
| 2020 | $4,864 +6.3% | $518,100 |
| 2019 | $4,574 | $518,100 |
| 2018 | $4,574 +12.6% | $518,100 |
| 2017 | $4,061 -4% | $518,100 |
| 2016 | $4,232 | $518,100 |
| 2015 | $4,232 +3.4% | $518,100 |
| 2014 | $4,092 +1.4% | $518,100 |
| 2013 | $4,035 +5.8% | $518,100 |
| 2012 | $3,812 +6.4% | $518,100 |
| 2011 | $3,584 -10% | $518,100 |
| 2010 | $3,981 +2.6% | $518,100 +4.5% |
| 2009 | $3,882 +8.8% | $496,000 |
| 2008 | $3,569 | $496,000 |
| 2007 | $3,569 | $496,000 |
| 2006 | -- | $496,000 |
| 2005 | -- | $496,000 |
| 2004 | $3,520 | $496,000 +149% |
| 2003 | -- | $199,200 |
| 2002 | -- | $199,200 |
| 2001 | -- | $199,200 |
Find assessor info on the county website
Neighborhood: 08204
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Nearby schools
GreatSchools rating
- 8/10Cape May City Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Richard M Teitelman SchoolGrades: 7-8Distance: 2.6 mi
- 5/10Lower Cape May Regional High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$1,820,600
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Estimated market value
$1,820,600
- New Jersey
- Cape May County
- Cape May
- 08204
- 1061 Michigan Ave
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