6 months on rocket

1516 New York Ave, Cape May, NJ, 08204

$3,150,000

6 Bedrooms
4 Full Baths, 1 Partial
4,771 SqFt
$660/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingTwo Car
Attached GarageYes
Year Built2005
HeatingNatural Gas, Zoned
CoolingCentral Air
FireplaceGas Log, More Than 1
MLS #569106
StatusActive

About 1516 New York Ave

Magnificent 4,771 SQ FT 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.

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Year Built: 2005
  • Stories: 3
  • Living Area: 4,771 SqFt

Listing Office:

  • Office Name: BALSLEY/LOSCO
  • Office Phone: (609) 646-3207

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Tile, W/W Carpet
  • Interior: Elevator, Kitchen Center Island, Sauna, Walk In Closet, Whirlpool
  • Fireplace: Gas Log, More Than 1

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Deck, Outside Shower, Sprinkler System

Parking Information:

  • Attached Garage: Yes
  • Parking: Two Car

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lower Cape May Regional High School, Public District Grades 9-12
  • Richard M. Teitelman Middle School, Public District Grades 7-8
  • Cape May City Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: New York Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,150,000
  • Price Per SqFt: $660/SqFt

Tax Information:

  • Annual Amount: $16,329
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Number: #569106

Listing Office:

  • Office Name: BALSLEY/LOSCO
  • Office Phone: (609) 646-3207

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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
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Last updated on: 5/19/2024, 7:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 10, 2006Home Sold
$1,600,000
May 12, 2004Home Sold
$786,700

Tax History

YEARPROP. TAXASSESSMENT
2020$16,329$1,626,000
2019$15,138$1,626,000
2018$15,138$1,626,000
2017$14,374$1,626,000

History based on county public records data.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,510

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3677743
5
/10
  • Cape May City Elementary School

  • 921 Lafayette St

  • 1.07 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3677744
3
/10
  • Richard M. Teitelman Middle School

  • 687route 9

  • 2.57 miles

  • Public District Grades 7-8

High School

school-card-donut-3677745
4
/10
  • Lower Cape May Regional High School

  • 687route 9

  • 2.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,149. Residents of Cape May County, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 New York Ave

What is the listing price of this property?

The listing price of 1516 New York Ave property is $3,150,000.

What type of property is this?

The property 1516 New York Ave is a house located in Cape May, New Jersey, 08204.

Is this property for sale now?

Active Listing: 1516 New York Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1516 New York Ave are:
Cape May City Elementary School: GreatSchools Rating 5/10
Richard M. Teitelman Middle School: GreatSchools Rating 3/10
Lower Cape May Regional High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $16,329 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 10, 2006 for $1,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1516 New York Ave has 6 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1516 New York Ave is 4,771 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 New York Ave is 2005.
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Rocket Homes›New Jersey›Cape May County›Cape May›08204›1516 New York Ave

This home is located at 1516 New York Ave in Cape May, NJ and zip code 08204. This 4,771 square foot home was built in 2005. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $3,150,000.

Over 16 listings were sold over their listed price in April 2024 in Cape May County, NJ. In the same period over 44 listings were sold below the listed price and 12 listings were sold for the listed price. Between March 2024 and April 2024, Cape May County, NJ real estate market has seen increase in the number of listings by 0.2%. Listings spent 57 days on the market in April 2024, and had a median list price of $749,950 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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