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Sold for $390,000 on 10/12/23
  • $390,000

    870 Tower View Rd, Cape May, NJ 08204

    3beds
    16,700sqft
    Duplex
    Built in 1957
    -- sqft lot
    $624,800 Zestimate®
    $23/sqft
    $1,720 Estimated rent

    Home value

    $624,800

    $481,000 - $818,000

    $1,720/mo

    Zestimate® history
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    What's special

    This is a large duplex, 2,576 SF, located on a large corner lot (16,600 SF) with detached garage and covered carport. Both units have 3 bedrooms and 1 full bath. Renovations on the interior of the property are ongoing and partially complete. Both units feature new kitchens and updated baths. The 1st floor unit features hardwood floors, gas fireplace, laundry room and deck. 2nd floor unit was updated to include luxury vinyl flooring, all new interior doors and new fixtures.( no appliances included on this floor). Both units will be freshly painted throughout. The exterior of the home offers a new roof, siding, windows, exterior doors and new fence. New roof and siding on the detached garage as well! City sewer will be available soon and with it possible lot sub-division. Call agent for details. This is a great investment opportunity located just outside the Wildwoods and close to major shopping areas. No leases in place.

    Zillow last checked: 8 hours ago

    Listing updated: December 12, 2023 at 09:44am

    Listed by:

    Joanne Winning,

    COMPASS RE - Sic

    Bought with:

    David Joslin II, 1972297

    BLUE HOMES REAL ESTATE LLC - AV

    Source: CMCAOR,MLS#: 231230MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Gas Water Heater
    Features
    • Eat-in Kitchen
    • Basement: Crawl Space
    Interior area
    • Total structure area: 16,700
    • Total interior livable area: 16,700 sqft

    Property

    Parking
    • Total spaces: 1.5
    • Parking features: 1.5 Car, Detached, Stone Driveway
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.38 Acres
    • Dimensions: 100 x 167
    • Features: Corner Lot, Mainland
    Details
    • Parcel number: 05004890100005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Private
    • Water: Private

    Community & neighborhood

    Location
    • Region: Cape May

    HOA & financial

    Other financial information
    • Total actual rent: 3200

    Price history

    DateEventPrice
    10/12/2023Sold$390,000-10.3%$23/sqft
    Source: CMCAOR #231230 Report a problem
    9/20/2023Contingent$435,000$26/sqft
    Source: CMCAOR #231230 Report a problem
    7/26/2023Price change$435,000-12.1%$26/sqft
    Source: CMCAOR #231230 Report a problem
    6/29/2023Price change$495,000-10%$30/sqft
    Source: CMCAOR #231230 Report a problem
    5/11/2023Listed for sale$550,000+120%$33/sqft
    Source: CMCAOR #231230 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,975 $202,700
    2024$3,975 -2.1%$202,700
    2023$4,062 +6.6%$202,700

    Find assessor info on the county website

    Neighborhood: Erma

    Nearby schools

    GreatSchools rating
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    $624,800
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    With Zillow Showcase(estimated)
    $637,296