4 months on rocket

693 Townbank Rd, Cape May, NJ, 08204

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
Multi

Location

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693 Townbank Rd, Cape May$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingThree or More Cars
Year Built1875
HeatingBaseboard, Natural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #587429
StatusActive

About 693 Townbank Rd

REDUCED! Rare Triplex in Cold Spring Area on a large lot. Close to Cape May Beaches, Wineries,Brewery's,and Delaware Bay. Single family 2 story home PLUS 2 one bedroom Garage Apartments. Single Family Home has 4 Bedrooms, 2 Full Baths,Eat-in Kitchen, Dining Room,Living Room with gas fireplace, TV room, and Laundry Room. Fully floored attic and partial basement. Apartments are 1 Bedroom, 1 Bath. Also a 20x20 storage area. Horseshoe Driveway provides plenty of parking!. Endless possibilities! Appointment only! Tenants are on a month to month lease! More inside pictures soon!

Property Details

Property Features

Property Information:

  • Year Built: 1875

Listing Office:

  • Office Name: CENTURY 21 ALLIANCE-S104B
  • Office Phone: (609) 522-1212

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer
  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Porch, Shed

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Take exit 0 off the garden state parkway head towards bay. Make a right turn on Seashore Road then a

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
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Housing Market Comparison

See how this home compares to others in Cape May, NJ.

Med. Sold Price

$1.6M

Med. Price/SqFt

$474

Avg. Days On Market

262

# of Sold Homes

6

693 Townbank Rd vs Cape May

137 DAYS ON ROCKET

-125 Days

$675,000

-$990K Less

KEY TAKEAWAY

This property is $990K less than the Median Sold Price in Cape May, NJ.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #587429

Listing Office:

  • Office Name: CENTURY 21 ALLIANCE-S104B
  • Office Phone: (609) 522-1212

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/9/2024, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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.

Nearby Schools

school-card-donut-996777
4
/10
  • Maud Abrams School

  • 714 Town Bank Rd

  • 0.31 miles

  • Public District Grades 3-4

school-card-donut-996778
3
/10
  • Sandman Consolidated School

  • 838 Seashore Rd

  • 0.41 miles

  • Public District Grades 5-6

school-card-donut-996779
7
/10
  • West Cape May Elementary School

  • 301 Moore St

  • 2.41 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,355. Typical income of Cape May, NJ residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyCape May CountyCape May08204693 Townbank Rd

This home is located at 693 Townbank Rd in Cape May, NJ and zip code 08204. This home was built in 1875. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $675,000.

In November 2024 more than 0 listings in Cape May, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Cape May, NJ between October 2024 and November 2024 decreased by 17.4%. Listings spent 262 days on the market in November 2024, and had a median list price of $1,665,000 during the same period.

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

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