$475,000
$599,900
20.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,584 SqFt
SOLD DATE : 09/23/2022
Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $299
Subdivision Wildwood Villas
MLS Listing ID NJCM2000942
Sold Date 09/23/22
Style Ranch/Rambler
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,584
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $4,233
Tax Year 2021
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 130.00 x 129.00
Property Description
Great Opportunity to update the current home & possibly build a new one! This corner lot is approx 130' wide frontage on Delaware Ave facing the Bay & 129' depth on Pinetree Dr. According to tax records this 16,770 square foot lot should be suitable for a subdivision or possibly a duplex.
Currently used as a year round single family home with rentable detached cottage (was renting for $1200/week in summer) this property offers an array of options for the next owner. With the potential to possibly split this lot in two you could update the current home adding a second floor to obtain amazing bay views from the corner lot and build a brand new single family that could also offer bay views. You may lose the ability to have the rental unit out back & need to take down the screen porch with the subdivision but I think it will be worth it to create a spectacular new home across from the bay.
The home itself has vinyl siding a newer roof (approx. 5 years), natural gas heat, central air, & electric baseboard heat for backup. The spacious living room & large eat-in kitchen create lots of potential to do some updating & the large footprint of the home may be ideal to add a second floor. Of course you want to do your due diligence to confirm the structure & potential subdivision.
Live in one while you build another or make this a development project.
Being sold mostly furnished and in as-is condition.
Location
State NJ
County Cape May
Area Lower Twp (20505)
Zoning R-3
Rooms
Basement Other
Main Level Bedrooms 3
Interior
Interior Features Kitchen - Eat-In
Hot Water None
Heating Forced Air
Cooling Central A/C
Fireplaces Number 1
Fireplaces Type Wood
Equipment Refrigerator, Washer, Dryer, Stove
Furnishings Partially
Fireplace Y
Appliance Refrigerator, Washer, Dryer, Stove
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Exterior Feature Screened, Porch(es)
Water Access N
Accessibility None
Porch Screened, Porch(es)
Garage N
Building
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Maud Abrams School
Middle Schools Sandman Consolidated
School District Lower Township Public Schools
Others
Senior Community No
Tax ID 05-00284-00039
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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