$475,000
$550,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
804 Delaware Ave Villas, NJ 08251
3 Beds
1 Bath
Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 562075
Style Ranch
Bedrooms 3
Full Baths 1
Annual Tax Amount $4,235
Tax Year 2021
Property Description
Here is a unique opportunity to purchase an oversized corner property with a home, guest quarters, & potential for future development. The 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 may be suitable for a subdivision or possibly a duplex. It was used as a year-round single family home with a rentable detached cottage, the prior owner claimed it was renting for $1200/week in summer. Also just enjoy having an oversized yard across from the bay...great place to add a pool! 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 possibly 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. Perhaps an attached duplex or two brand new single family homes would be best for you to build & sell. The home itself has vinyl siding a newer roof (approx. 5-6 years according to prior owner),natural gas heat, central air, & electric baseboard heat for backup. Sold As-Is with buyer responsible for any approvals after closing
Location
State NJ
County Cape May
Community Villas
Area Lower Twp
Rooms
Other Rooms Eat In Kitchen, Laundry/Utility Room
Interior
Heating Forced Air, Gas-Natural
Fireplaces Type Living Room, Wood Burning
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
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