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Off market
  • $2,012,700

    1512 Velvento Ave, Cape May, NJ 08204

    --beds
    0baths
    9,713Square Feet
    VacantLand
    Built in 2023
    9,713 Square Feet Lot
    $2,012,700 Zestimate®
    $500/sqft
    $5,710 Estimated rent

    Home value

    $2,012,700

    $1.45M - $2.66M

    $5,710/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $5,710/mo

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    $5,710/mo

    Rent Zestimate®

    Refinance and save

    $10,337/mo

    Est. payment

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    $10,337/mo

    Est. payment

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    What's special

    Available immediately, this is a grand opportunity to build a new home in Cape May, near the beach, and in a well-conceived development in the east end of town. A unique design, which includes all home sites facing a center street, Velvento Avenue, this development is situated between Baltimore and Brooklyn Avenues, between New York Avenue and the meadows. All development approvals are in place and all infrastructure improvements for the lots have already been constructed, including all underground utilities, curbs and roadways. The only things left for you, and your builder, to do are to finalize your design and draw down a construction permit for your individual home. Highland Beaches includes a Home Owners' Association, with a well developed set of architectural guidelines, designed to maintain a high standard of design and construction throughout the project. So, you can rest easily knowing that your fabulous new beach house will be surrounded by similar size and quality homes. Even if you are not ready to move forward and build at this time, act now to acquire one of these highly valuable and unique lots while they are still available. Your purchase of a single family building lot, in this well organized and designed development, close to the beach in the City of Cape May, may well be one of the best investments you will ever make.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 4,024 sqft

    Property

    Lot
    • Size: 9,713 Square Feet
    • Topography: Level
    Details
    • Parcel number: 0201176020000107
    • Zoning: Residential

    Community & HOA

    Location
    • Region: Cape May

    Financial & listing details

    • Price per square foot: $500/sqft
    • Tax assessed value: $2,019,100
    • Annual tax amount: $21,342

    Price history

    DateEventPrice
    3/10/2023Sold$3,030,071+212.7%$753/sqft
    Source: CMCAOR #230618 Report a problem
    11/19/2021Sold$969,000$241/sqft
    Source: CMCAOR #200172 Report a problem
    10/5/2021Contingent$969,000$241/sqft
    Source: CMCAOR #200172 Report a problem
    1/12/2021Listed for sale$969,000$241/sqft
    Source: CMCAOR #200172 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,342 $2,019,100
    2024$21,342 -1.6%$2,019,100 +129.5%
    2023$21,685 +142.2%$879,600
    2022$8,954 +4.9%$879,600
    2021$8,532 -1.7%$879,600
    2020$8,682 +6%$879,600
    2019$8,189 $879,600
    2018$8,189 $879,600
    Find assessor info on the county website

    Neighborhood: 08204

    Nearby schools

    GreatSchools rating