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82 Pacific Avenue

82 Pacific Avenue, Cape May, NJ 08204
House in Cape May
Sold Dec 01, 2020
$486,000
$388,800 by Td Bank Na
Mortgage
Sold Oct 05, 2018
$342,000
Buyer
Seller
82 Pacific Avenue has been categorized by the local assessors in Cape May, NJ as a residential type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 82 Pacific Avenue has 1,408 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 7,501 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 82 Pacific Avenue sold most recently in Nov 20, 2020 for a total of $486,000. If you work out the math, that's approximately a cost of $345.17 per sqft. Before that, the property was also sold for $342,000 in Sep 28, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,910 in taxes each year. 82 Pacific Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $245,600. If we break it down further, the land itself was valued at $159,600. Improvements to the property, however, were assessed at a total of $86,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COATES WILLIAM J
  • Current Owner 2: COATES MARY P
  • Previous Owner : A JACOB LLC
  • Owner Before Previous Owner: COTTER MARY E
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Lower Township School District
  • Census Tract: 021806

Geography

  • Assessors Map Reference: TAX MAP 6.03
  • District: 05
  • Parcel: 05 00566-0000-00001
  • Block: 566
  • Lot: 1
  • Municipality: LOWER TWP
  • Latitude: 38.9841
  • Longitude: -74.957

    Address

  • Full Address: 82 Pacific Ave
  • Address - House Number: 82
  • Address - Street Name: Pacific
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cape May
  • Carrier Code: C004
  • 4-Digit Zip Code: 2153
  • Zip Code: 08204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,910

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 624,892
  • High Value: 782,313
  • Low Value: 467,472

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $424,800
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $388,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Aug 18, 2022
  • Second Open Lien Mortgage Loan Amount: $36,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 28, 2032

    Market Valuation

  • Market Total Value: $376,976
  • Market Land Value: $244,973
  • Market Improvement Value: $132,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,600
  • Assessed Land Value: $159,600
  • Assessed Improvements Value: $86,000

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11807382953
  • Current Sale Price: $486,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020042712
  • Previous Sale Recording Date: Oct 05, 2018
  • Previous Sale Contract Date: Sep 28, 2018
  • Previous Sale Amount: $342,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $388,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About North Cape May



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Frequently Asked Questions

What neighborhood is 82 Pacific Avenue located in?
The 82 Pacific Avenue is a house located in the neighborhood of Cape May in North Cape May, Cape May.
What is the average sales price for listings in 82 Pacific Avenue?
The average sales price for units in 82 Pacific Avenue is $0 currently.

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