Sold for $610,000

$610,000

202 Ocean Ave #8, Cape May Point, NJ 08212

1beds

--sqft

Condominium

Built in 1900

-- sqft lot

$688,400 Zestimate^®

$--/sqft

$2,284 Estimated rent

Home value

$688,400

$613,000 - $778,000

$2,284/mo

Zestimate^® history

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$2,284/mo

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$4,197/mo

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$4,197/mo

Est. payment

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What's special

Fantastic location in Cape May Point. Summer rental property with 12 weeks rented this year. Average weekly at $1575 in season and $1475 in the shoulder weeks. This unique top floor unit is like no other in the building. Wonderful, private outside porch. The unit is completely furnished and equipped and ready to go for the season. The building was completely renovated in 1987 from studs out. Separate electric, cable and hot water for each unit. Condo fee includes all outside maintenance, lighting, trash and recycles, Insurances and the landscaping. The water is split among 9 owners by the association. Great individual storage units and shared coin operated laundry. Double outside showers offered for everyone's use. Association provides 5 bicycles for everyone's use. Great time to purchase with the upcoming rentals in place for 2024.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Zoned

Cooling

Has cooling: Yes

Appliances

Included: Range, Oven, Microwave, Refrigerator, Dishwasher, Electric Water Heater

Features

Eat-in Kitchen, Storage
Flooring: Carpet
Windows: Blinds
Furnished: Yes
Common walls with other units/homes: No One Above,End Unit

Property

Parking

Parking features: Assigned, Stone Driveway
Has uncovered spaces: Yes

Features

Levels: Three
Entry location: Top Floor

Lot

Features: Corner Lot

Details

Parcel number: 03000140000000080000C08

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: City
Water: City

Community & neighborhood

Community

Community features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower

Location

Region: Cape May Point

HOA & financial

HOA

Has HOA: Yes
HOA fee: $400 monthly

Other

Other facts

Available date: 05/16/2024
Listing terms: Conventional

Price history

Date	Event	Price
6/28/2024	Sold	$610,000-10.3%
Source: CMCAOR #241421 Report a problem
6/13/2024	Contingent	$680,000
Source: CMCAOR #241421 Report a problem
5/16/2024	Listed for sale	$680,000+300.7%
Source: CMCAOR #241421 Report a problem
1/19/1995	Sold	$169,700
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,488	$336,200
2024	$2,488 +1.5%	$336,200
2023	$2,451 +12.7%	$336,200
2022	$2,175 +4%	$336,200
2021	$2,091 +1.3%	$336,200
2020	$2,064 +3.7%	$336,200
2019	$1,990 +1%	$336,200
2018	$1,970 +2.1%	$336,200
2017	$1,930 +13.9%	$336,200
2016	$1,694	$336,200 -1.2%
2015	$1,694 -2.2%	$340,200
2014	$1,732 +4.7%	$340,200
2012	$1,653 +4.7%	$340,200
2011	$1,579 -0.2%	$340,200
2010	$1,582 +6.1%	$340,200
2009	$1,491 +4.1%	$340,200 +80.5%
2008	$1,433 +1.3%	$188,500
2007	$1,414	$188,500
2006	--	$188,500
2005	--	$188,500
2004	$1,320	$188,500
2003	--	$188,500
2002	--	$188,500 +11.1%
2001	--	$169,700