1511 Velvento

Cape May, NJ 08204

$1,575,000
Price
10,166 / 0.23
Lot Size / Acres

Description

You can be part of Cape May's newest subdivision in the prestigious "Poverty Beach" section of Cape May. This lot exceeds the minimum lot size requirement in both lot frontage and lot area. Lot elevation meets City standards for FEMA compliance. City Water, City Sewer, Electric, Cable and Gas are all available to the lot. Minimum house size requirements and controlled design standards have been established.You can be part of Cape May's newest subdivision in the prestigious "Poverty Beach" section of Cape May. This lot exceeds the minimum lot size requirement in both lot frontage and lot area. Lot elevation meets City standards for FEMA compliance. City Water, City Sewer, Electric, Cable and Gas are all available to the lot. Minimum house size requirements and controlled design standards have been established.
  1. Listed by William Bezaire, ePRO • Coldwell Banker Sol Needles Real Estate

Property Details for 1511 Velvento

MLS #
214131
DOM
790
Class
LOTS/LAND
Location
Cleared Lot, Inside Lot
Sale/Rent
For Sale
Type
Residential Vacant Lot

Location

Listing Courtesy of Coldwell Banker Sol Needles Real Estate
LISTING UPDATED: 01/10/2024 03:30 PM

Property Details for 1511 Velvento

StatusActive
MLS #214131
Days on Market900
Taxes$8,532 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLOTS/LAND / Residential Vacant Lot
Year Built-
Lot Size0.23 AC
CountyCape May County

Location

Listing Courtesy of Coldwell Banker Sol Needles Real Estate

Building Information for 1511 Velvento

Lot Size0.23 AC

Payment Calculator

$9,306 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,595

Property Taxes

$711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1511 Velvento

Summary
Location and General Information
  • Area: Cape May
  • Address Number: 1511
  • District - Township: 02-Cape May City
  • Near: Poverty Beach
  • Address Search Number: 1511.0
  • Address Street: Velvento
  • City: Cape May
  • Street Designation: Avenue
  • Beach Proximity: 2 Blocks
  • Address: 1511 Velvento Avenue
  • Status: ACTIVE
  • Zoned: R-1
  • State: NJ
  • Zip: 08204
  • Status Detail: 0
Taxes and HOA Information
  • Taxes: $8,532.12
  • Tax Year: 2020
Property
Lot Information
  • Lot Size: 10166sq ft
  • Possession: closing
  • Frontage: 76.0
  • Lot Number: 1.06
  • Block Number: 1176.01
Property and Assessments
  • Total Assessment: $879,600
  • May B Sub to 3rd pty Appr: No

Property History for 1511 Velvento

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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1511 Velvento is a 0.23 ac of land for sale in Cape May, NJ 08204. This property was listed for sale on November 11, 2021 by Coldwell Banker Sol Needles Real Estate, it's currently listed at $1,575,000. 1511 Velvento is a 0-bed, 0-bath, 0.23 ac of land on a 10,166 sq. ft. / 0.23 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Sol Needles Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.