4,771 sq foot Magnificent 3 story, North Point Beach, Cape May home. So much to mention but home has been totally refreshed and ready to move in. An elevator can take you to each level. 1st fl features office, laundry room, full bath w/sauna, entertainment room w gas FP & wet bar, back deck, & 2 car garage. 2nd fl. features 5 BR, 2 BA and a huge wrap around back deck. Top floor features master BR with double sided FP, cozy jacuzzi tub, tile shower, & double sink vanity. Enjoy the open layout of this main floor with granite island kitchen w 6 burner gas Viking stove, new frig & microwave, tons of cabinets, wet bar area, double sided gas FR to warm the family room also, and a 1/2 bath. The winding stairways are gorgeous and the whole home is spectacular!!! Only 2 short blocks to the beach and close to town, restaurants and shopping. This location is top notch and continues to grow. Great investment even for a seasonal rental or for multiple families to enjoy.
Sold for $2,700,000
$2,700,000
1516 New York Ave, Cape May, NJ 08204
6beds
4,771sqft
Single Family Residence
Built in 2005
9,375 Square Feet Lot
$3,227,400 Zestimate®
$566/sqft
$6,544 Estimated rent
Home value
$3,227,400
$2.94M - $3.55M
$6,544/mo
Zestimate® history
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Double sink vanityTile showerBack deckJacuzzi tubLaundry roomEntertainment room
Zillow last checked:
Listing updated:
Listed by:
Sharon A Palmisciano,
BALSLEY LOSCO REAL ESTATE
Bought with:
Sharon A Palmisciano, 9807014
BALSLEY LOSCO REAL ESTATE
Source: CMCAOR,MLS#: 223553
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
Rooms
- Room types: Living Room, Recreation/Family
Heating
- Natural Gas, Forced Air, Zoned
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Range, Oven, Microwave, Refrigerator, Dishwasher, Wine Cooler, Gas Water Heater
- Laundry: Laundry Room
Features
- Elevator, Sauna, Walk-In Closet(s), Eat-in Kitchen
- Flooring: Wood, Carpet
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 4,771
- Total interior livable area: 4,771 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, 2 Car, Attached, Concrete
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck
- Exterior features: Outdoor Shower, Sprinkler System
- Has spa: Yes
- Spa features: Bath
Lot
- Size: 9,375 Square Feet
- Dimensions: 75 x 125
Details
- Parcel number: 020117500000000105
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cape May
Financial & listing details
- Price per square foot: $566/sqft
- Tax assessed value: $1,626,000
- Annual tax amount: $16,552
- Date on market: 11/21/2022
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2024 | Sold | $2,700,000-14.3%$566/sqft |
Source:  CMCAOR #223553 Report a problem | ||
| 10/3/2024 | Pending sale | $3,150,000$660/sqft |
Source:  Bright MLS #NJCM2001616 Report a problem | ||
| 10/3/2024 | Contingent | $3,150,000$660/sqft |
Source: CMCAOR #223553 Report a problem | ||
| 4/8/2024 | Price change | $3,150,000-4.5%$660/sqft |
Source: Bright MLS #NJCM2001616 Report a problem | ||
| 10/19/2023 | Price change | $3,299,000-1.5%$691/sqft |
Source:  SJSRMLS #569106 Report a problem | ||
| 8/1/2023 | Price change | $3,349,000-4.2%$702/sqft |
Source: CMCAOR #223553 Report a problem | ||
| 11/21/2022 | Listed for sale | $3,495,000+52.3%$733/sqft |
Source: CMCAOR #223553 Report a problem | ||
| 9/21/2021 | Sold | $2,295,000+24.1%$481/sqft |
Source: Public Record Report a problem | ||
| 12/1/2019 | Listing removed | $1,849,000$388/sqft |
Source: CAPE MAY REALTY #182134 Report a problem | ||
| 4/24/2019 | Price change | $1,849,000+8.8%$388/sqft |
Source: CAPE MAY REALTY #182134 Report a problem | ||
| 12/7/2018 | Price change | $1,699,000+6.3%$356/sqft |
Source: CAPE MAY REALTY #182134 Report a problem | ||
| 10/27/2018 | Price change | $1,599,000-5.9%$335/sqft |
Source: CAPE MAY REALTY #182134 Report a problem | ||
| 7/9/2018 | Price change | $1,699,000-8.1%$356/sqft |
Source: CAPE MAY REALTY #182134 Report a problem | ||
| 6/9/2018 | Listed for sale | $1,849,000+3.9%$388/sqft |
Source: CAPE MAY REALTY #182134 Report a problem | ||
| 2/25/2015 | Listing removed | $1,780,000$373/sqft |
Source: Cape May Realty, LLC Report a problem | ||
| 12/26/2014 | Listed for sale | $1,780,000+11.3%$373/sqft |
Source: Cape May Realty, LLC Report a problem | ||
| 8/10/2006 | Sold | $1,600,000+103.4%$335/sqft |
Source: Public Record Report a problem | ||
| 5/12/2004 | Sold | $786,700$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,187 | $1,626,000 |
| 2024 | $17,187 -1.6% | $1,626,000 |
| 2023 | $17,463 +5.5% | $1,626,000 |
| 2022 | $16,553 +4.9% | $1,626,000 |
| 2021 | $15,772 -1.7% | $1,626,000 |
| 2020 | $16,049 +6% | $1,626,000 |
| 2019 | $15,138 | $1,626,000 |
| 2018 | $15,138 -4.3% | $1,626,000 |
| 2017 | $15,823 -3.8% | $1,626,000 -14.5% |
| 2016 | $16,451 | $1,901,800 |
| 2015 | $16,451 +3.2% | $1,901,800 |
| 2014 | $15,937 +40.3% | $1,901,800 +28.9% |
| 2007 | $11,361 | $1,475,500 |
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: 2.7 mi
- 5/10Lower Cape May Regional High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$3,227,400
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Estimated market value
$3,227,400
- New Jersey
- Cape May County
- Cape May
- 08204
- 1516 New York Ave
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