Price Reduction
Listed By:
Balsley-Losco Realtors
Address
1516 New York Avenue, Cape May, NJ
Price
$ 3,150,000
Property Attributes
  • MLS#NJCM2001616
  • TypeSingle Family
  • CountyCAPE MAY
  • CityCape May
  • AreaCape May City
  • Zip08204
  • StyleContemporary
  • Year Built2005
  • Taxes$ 16780
  • Price$ 3,150,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4771
  • Lot Size9,583 SqFt
Data Source:
Bright MLS
Property Description

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.

Price History
11/28/2022 Listed $3,495,000
8/1/2023 5% - $3,349,000
10/19/2023 2% - $3,299,000
4/8/2024 5% - $3,150,000

General Features

Interior Features Ceiling Fan(s),Dining Area,Elevator,Kitchen - Eat-In,Kitchen - Island,Sauna,Soaking Tub,Sprinkler System,Walk-in Closet(s),Wet/Dry Bar
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Possession Settlement
Appliances Built-In Microwave,Dishwasher,Oven - Self Cleaning,Six Burner Stove,Refrigerator,Stainless Steel Appliances
Exterior Features Lawn Sprinkler,Outside Shower
Zoning R1PW
Garage Spaces 2.00
Pool Y/N No Pool
Architectural Style Contemporary
Construction Materials Vinyl Siding
Exclusions Personal items
Year Built 2005
Levels 3
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Accessibility Elevator
County CAPE MAY
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name NONE AVAILABLE
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions New York Ave-North end
ModificationTimestamp 2024-04-08T09:55:45
City CAPE MAY
Buyer Agent Compensation 2
Senior Community Y/N No
MLS Area Cape May City (20502)
Lot Size Square Feet 9375.00
Tax Assessed Value 1626000.0
Waterfront Y/N No
Street Name NEW YORK
Tax Annual Amount 16780.0
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 4
Bathrooms Count Main Level 5.00
Price Per Sq Ft 660.24
Vacation Rental Y/N No
Virtual Tour https://vdpproductions.wistia.com/medias/78i0teyw8r
Total SQFT 4771
Days on Market 506
Standard Status Active
Year Built Source Assessor
Tax Lot 00001 05
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Total Fireplaces 3
Fireplace Features Gas/Propane
Hot Water Natural Gas
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 4771
Full Baths 4
Half Baths 1
Street Suffix AVENUE
Central Air Y/N Yes
Total Bedrooms 6
Main Level Bedrooms 6
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bathrooms Half Main Level 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
Number of Elevators 1

Exterior Features

Parking Features Concrete Driveway
Water Source Public
Total Parking Spaces 2
Garage Features Garage - Front Entry
Type of Parking Attached Garage
Foundation Details Crawl Space
Water View Y/N No
Lot Dimensions 75.00 x 125.00
Lot Size Acres 0.22
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 875000.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Attached Garage Spaces 2
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 08204

Price
AVG $1.34M
$3.15M
Taxes
AVG $6,947
$16,780
Visits
AVG 168
3927
Data Provided by Inside Real Estate®
Year Built
AVG 1966
2005
Walkscore
AVG 40
15
Data Provided by Walkscore® not using MLS data

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