1516 New York Avenue Cape May, NJ $ 3,150,000
1516 New York Avenue
$ 3,150,000
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1516 New York Avenue

Cape May, NJ, 08204
$ 3,150,000
Bedrooms6 Baths4.1 Sq 4,771

Monthly Estimate*

$ 20,936

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Single Family Home for sale in Cape May, NJ

for $3,150,000 with 6 bedrooms and 4 full baths, 1 half bath. This 4,771 square foot home was built in 2005 on a lot size of 0.22.

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.

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Single Family Active

Price

$ 3,150,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 16,780

Style

Contemporary

Lot Size

0.22

Year Built

2005

Town/City

Cape May

County/Region

Cape May

MLS | Web ID

NJCM2001616

Features
General
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
Municipality CAPE MAY CITY
Accessibility Elevator
County CAPE MAY
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions New York Ave-North end
City CAPE MAY
Buyer Agent Compensation 2
Senior Community Y/N N
MLS Area Cape May City (20502)
Lot Size Square Feet 9375.00
Waterfront Y/N N
Street Name NEW YORK
Tax Annual Amount 16780.0
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 4
Bathrooms Count Main Level 5.00
Price Per Sq Ft 660.24
Vacation Rental Y/N N
Virtual Tour https://vdpproductions.wistia.com/medias/78i0teyw8r
Days on Market 520
Standard Status Active
Year Built Source Assessor
Tax Lot 00001 05
Buyer Agent Compensation Type % Of Gross
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Interior
Heating Fuel Natural Gas
Total Fireplaces 3
Fireplace Features Gas/Propane
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 4771
Full Baths 4
Half Baths 1
Street Suffix AVENUE
Central Air Y/N Y
Total Bedrooms 6
Below Grade Finished Area 0
Main Level Bedrooms 6
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
Number of Elevators 1
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Exterior
Parking Features Concrete Driveway
Water Source Public
Garage Features Garage - Front Entry
Type of Parking Attached Garage
Foundation Details Crawl Space
Water View Y/N N
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 N
Water Oriented Y/N N
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Balsley-Losco Realtors

Broker

sharon.palmisciano@comcast.net

Email

Affordability Calculator

$22,334
Per Month
94%
6%
0%
Monthly Principal & Interest
$20,936
Monthly Property Taxes
$1,398
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4014121 Elementary School
4014123 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2024$3,150,000 -4.52% Price Down
10/19/2023$3,299,000 -1.49% Price Down
8/1/2023$3,349,000 -4.18% Price Down
11/28/2022$3,495,000 Listed Price

Map


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1516 New York Avenue, Cape May, NJ, 08204 is a Single Family Home for sale at $3,150,000 with 4,771 sqft and a lot size of 0.22. 1516 New York Avenue has 6 bedrooms, 4.1 baths, and was built in 2005. The property's zip code is 08204 which is in Cape May, NJ