You can be part of Cape May's newest subdivision in the prestigious "Poverty Beach" section of Cape May. This lot exceeds the minimum lot size requirement in both lot frontage and lot area. Lot elevation meets City standards for FEMA compliance. City Water, City Sewer, Electric, Cable and Gas are all available to the lot. Minimum house size requirements and controlled design standards have been established.
Sold for $1,575,000
$1,575,000
1511 Velvento Ave, Cape May, NJ 08204
--beds
--baths
10,166Square Feet
Unimproved Land
Built in ----
10,166 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,695 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,695/mo
Zestimate® history
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$9,946/mo
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Zillow last checked:
Listing updated:
Listed by:
William Bezaire, ePRO 609-827-3513,
Coldwell Banker Sol Needles Real Estate
Bought with:
Gail Wilsey-Morrison, CRS, ABR, SRES, 9807643
LONG & FOSTER REAL ESTATE, INC cm
Source: CMCAOR,MLS#: 214131
Facts & features
Property
Features
- Frontage length: 76
Lot
- Size: 10,166 Square Feet
- Dimensions: 10166sq ft
- Features: Cleared, Interior Lot, Curb, Sidewalk
Details
- Parcel number: 0201176010000106
- Zoning: R-1
- Zoning description: Residential
Utilities & green energy
- Electric: Electric Improvements
- Gas: Gas Improvements
- Sewer: Sewer Improvements
- Water: Water Improvements
- Utilities for property: Natural Gas Available, Electricity Available, Water Available, Sewer Available
Community & HOA
Location
- Region: Cape May
Financial & listing details
- Tax assessed value: $879,600
- Annual tax amount: $8,532
- Price range: $1.6M - $1.6M
- Date on market: 11/12/2021
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2024 | Sold | $1,575,000 |
Source:  CMCAOR #214131 Report a problem | ||
| 8/20/2024 | Contingent | $1,575,000 |
Source: CMCAOR #214131 Report a problem | ||
| 11/16/2021 | Price change | $1,575,000+31.3% |
Source: CMCAOR #214131 Report a problem | ||
| 11/12/2021 | Listed for sale | $1,200,000 |
Source: CMCAOR #214131 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,445 | $893,600 |
| 2024 | $9,445 -1.6% | $893,600 |
| 2023 | $9,597 +5.5% | $893,600 |
| 2022 | $9,097 +4.9% | $893,600 |
| 2021 | $8,668 -1.7% | $893,600 |
| 2020 | $8,820 +6% | $893,600 |
| 2019 | $8,319 | $893,600 |
| 2018 | $8,319 | $893,600 |
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: 1.1 mi
- 4/10Richard M Teitelman SchoolGrades: 7-8Distance: 2.6 mi
- 5/10Lower Cape May Regional High SchoolGrades: 9-12Distance: 2.6 mi
- New Jersey
- Cape May County
- Cape May
- 08204
- 1511 Velvento Ave
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