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.

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Cape May, NJ

City

Med. Sold Price

$1.6M

Med. Price/SqFt

$474

Avg. Days On Market

262

# of Sold Homes

6

693 Townbank Rd vs Cape May

145 DAYS ON ROCKET

-117 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

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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: 12/17/2024, 11:56:01 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-4288449
4
/10

  • Maud Abrams School

  • 714 Town Bank Rd

  • 0.31 miles

  • Public District Grades 3-4

school-card-donut-4288450
3
/10

  • Sandman Consolidated School

  • 838 Seashore Rd

  • 0.41 miles

  • Public District Grades 5-6

school-card-donut-4288451
7
/10

  • West Cape May Elementary School

  • 301 Moore St

  • 2.41 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Cape May County›Cape May›08204›693 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 number of homes for sale in Cape May, NJ decreased by 17.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 262 days, the median list price was $1,665,000.

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

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