new - 2 days on rocket

414-416 Broadway, Cape May, NJ, 08204

$2,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,572 SqFt
$914/SqFt
House

Location

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414-416 Broadway, Cape May$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingStone Driveway, Shared Driveway, Driveway, Parking Lot
Year Built1880
HeatingForced Air
CoolingCentral Air
MLS #NJCM2004390
Lot Size0.18 Acres
StatusActive
(ACTIVE)

About 414-416 Broadway

📢 Now Available in the sought-after 🌊 Cape May area is an incredible opportunity for both investors 💰 and owner-occupants 🏡! ✨ 414-416 Broadway, formerly a duplex, has been transformed into two stunning individual condos, now available for purchase either separately or together at a discounted price 💸. Each unit boasts unique character, charm, and impressive renovations 🛠️. With 4 bedrooms 🛏️ and 2 full bathrooms 🛁 in each unit, there's plenty of space for guests or potential Airbnb rentals ✨🏖️. 📌 These properties are cross-listed individually and as a bundle. 📞 Contact us today for more details!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1880
  • Living Area: 2,572 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Carlo Drogo Sr.

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: Stone Driveway, Shared Driveway, Driveway, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Broadway and Sees Alley

Municipality:

  • West Cape May Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
  • Price Per SqFt: $914/SqFt

Tax Information:

  • Annual Amount: $7,193
  • Tax Year: 2020
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Housing Market Comparison

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

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Cape May, NJ

City

Med. Sold Price

$794.4K

Med. Price/SqFt

$547

Avg. Days On Market

153

# of Sold Homes

5

414-416 Broadway vs Cape May

2 DAYS ON ROCKET

-151 Days

$2,350,000

+$1.5M More

$914/SqFt

+$367 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $367/SqFt more than other homes in Cape May, NJ.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJCM2004390

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Carlo Drogo Sr.

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:50 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

May 27, 2020Home Sold
$600,000
Mar 01, 2005Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,193$562,100
2019$7,110$562,100
2018$7,111$562,100
2017$6,869$562,100

History based on county public records data.

Payment Calculator

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

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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-184038
7
/10

  • West Cape May Elementary School

  • 301 Moore St

  • 0.71 miles

  • Public District Grades PK-6

school-card-donut-184039
8
/10

  • Cape May City Elementary School

  • 921 Lafayette St

  • 0.90 miles

  • Public District Grades PK-6

school-card-donut-184040
3
/10

  • Sandman Consolidated School

  • 838 Seashore Rd

  • 2.79 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,415. Typical income of Cape May, NJ residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 414-416 Broadway

What is the listing price of this property?

The listing price of 414-416 Broadway property is $2,350,000.

What type of property is this?

The property 414-416 Broadway is a house located in Cape May, New Jersey, 08204.

Is this property for sale now?

Active Listing: 414-416 Broadway is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,193 (source: MLS/based on county public records data).

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

The last sale was on May 27, 2020 for $600,000. (source: MLS/tax record).

What is the square footage of this property?

The property 414-416 Broadway is 2,572 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 414-416 Broadway is 1880.

Rocket Homes›New Jersey›Cape May County›Cape May›08204›414-416 Broadway

This home is located at 414-416 Broadway in Cape May, NJ and zip code 08204. This 2,572 square foot home, which was built in 1880, sits on a 0.18 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $2,350,000.

While more than 1 listings in Cape May, NJ in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Cape May, NJ between September 2024 and October 2024 increased by 9.1%. The median list price of listings available in October 2024 was $794,495, while the average time on the real estate market was 153 days.

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

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