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5406 New Jersey Avenue

5406 New Jersey Avenue, Wildwood, NJ 08260
Commercial in Cape May
Local assessors in Wildwood, NJ have categorized 5406 New Jersey Avenue as a commercial type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick were used in the construction of the exterior walls of the home. The property was last sold in Dec 9, 2021 for $625,000. That's $185.96 per sqft. Prior to that sales transaction, the property was also sold in Mar 17, 2000 for $315,000. 5406 New Jersey Avenue was last assessed in 2023. The total value of the property was assessed at $546,600. Specifically, the land the property is located on was valued at $272,200. While improvements on the property were assessed at a total of $274,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,685. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230127
01/27/2023
Loft
-
-
$500
bedrooms
Loft
bathrooms
-
-
-
-
Bryan Steere
BLUE HOMES REAL ESTATE LLC
20210429
04/29/2021
Loft
-
3400 ft²
$895,000
bedrooms
Loft
bathrooms
-
square feet
3400 ft²
$625,000 -30.17%
12/13/2021
-
Paul Chiolo
KELLER WILLIAMS REALTY JERSEY SHORE wc
20200425
04/25/2020
Loft
-
3400 ft²
$595,000
bedrooms
Loft
bathrooms
-
square feet
3400 ft²
-
-
-
-
20190910
09/10/2019
Studio
-
3400 ft²
$595,000
bedrooms
Studio
bathrooms
-
square feet
3400 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,361
  • Gross Building Area: 3,361
  • Building Area: 3,361
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.115
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ADDITIONAL LOTS: L2.01

Ownership

  • Current Owner : WYNNEFIELD PREP ACADE LLC
  • Previous Owner : CHIOLO PAUL F
  • Owner Before Previous Owner: CREST SAV BK
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wildwood Crest Borough School District
  • Census Tract: 021600

Zoning

  • Zoning: B-1

Geography

  • Assessors Map Reference: TAX MAP 33
  • District: 15
  • Parcel: 15 00003-0000-00001
  • Block: 3
  • Lot: 1
  • Municipality: WILDWOOD CREST BORO
  • Latitude: 38.9814
  • Longitude: -74.8287

    Address

  • Full Address: 5406 New Jersey Ave
  • Address - House Number: 5406
  • Address - Street Name: New Jersey
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C010
  • 4-Digit Zip Code: 1310
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: CHIOLO PAUL
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $722,442
  • Market Land Value: $359,767
  • Market Improvement Value: $362,675

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $546,600
  • Assessed Land Value: $272,200
  • Assessed Improvements Value: $274,400

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11875834160
  • Current Sale Price: $625,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021054481
  • Previous Sale Recording Date: Mar 20, 2000
  • Previous Sale Contract Date: Mar 17, 2000
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHIOLO PAUL
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CREST SAV BK
  • Previous Mortgage Transaction Date: Mar 20, 2000
  • Previous Mortgage Loan Amount: $315,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Wildwood Crest




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Nearby Rentals

Unit for rent at 101 E Oak, Wildwood, NJ, 08260

$2,800 /mo

  • 3 Beds
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101 E Oak, Wildwood, NJ, 08260 Listing by LYNDA GREAVES

Frequently Asked Questions

What neighborhood is 5406 New Jersey Avenue located in?
The 5406 New Jersey Avenue is a commercial located in the neighborhood of Cape May in Wildwood Crest, Wildwood.
What is the average sales price for listings in 5406 New Jersey Avenue?
The average sales price for units in 5406 New Jersey Avenue is $895,000 , or $263/sqft. currently.

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