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502 Fern Rd

Cape May Beach, NJ 08251

3 bd 2 ba 1,648 sqft Built 2024 Lot 5,000 sqft single_family
Most recent sale
$400,000
Nov 2, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Price changed $895,000 CapeMay
Feb 3, 2024 Price changed $899,900 CapeMay
Jan 10, 2024 Listed $924,900 CapeMay
Nov 2, 2023 Sold $400,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $260,100 $117,800 $377,900 $7,882
2023 $45,800 $117,800 $163,600 $3,020
2022 $45,800 $117,800 $163,600 $2,920
2021 $45,800 $117,800 $163,600 $2,825
2020 $45,800 $117,800 $163,600 $2,776
2019 $45,800 $117,800 $163,600 $2,701
2018 $45,800 $117,800 $163,600 $2,631
2017 $45,800 $117,800 $163,600 $2,634
2016 $45,800 $117,800 $163,600 $2,590
2015 $45,800 $117,800 $163,600 $2,498
2014 $45,800 $117,800 $163,600 $2,408
2013 $46,200 $167,500 $213,700 $2,775
2012 $46,200 $167,500 $213,700 $2,654
2011 $46,200 $167,500 $213,700 $2,652
2009 $55,500 $244,000 $299,500 $3,212
2008 $55,500 $244,000 $299,500 $3,059
2007 $55,500 $262,600 $318,100 $3,125

Property facts

Year built
2024
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,648 sqft
Lot size
5,000 sqft
ZIP code
08251
City
Cape May Beach
Street
Fern Rd
Coordinates
38.99940, -74.95415

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,472
Gross rental yield
7.42%
Implied cap rate
4.82%
Trend-extrapolated value

Frequently asked questions

When did 502 Fern Rd last sell?
502 Fern Rd most recently sold on Nov 2, 2023 for $400,000.
What is the current tax assessment for 502 Fern Rd?
The most recent total assessment for 502 Fern Rd (year 2025) is $377,900 with $7,882 in property tax.
How does 502 Fern Rd's assessment compare to its last sale price?
The current assessment is 5.5% below the last sale price of $400,000.
When was 502 Fern Rd built?
502 Fern Rd was built in 2024.
How does 502 Fern Rd compare to others on Fern Rd?
We track 6 other properties on Fern Rd. Browse the list under "Other properties on Fern Rd" to compare beds, baths, and sale history.
What are the property facts for 502 Fern Rd?
502 Fern Rd is a 3 bed, 2 bath, 1,648 sqft, 5,000 sqft lot single_family.
Is 502 Fern Rd a flip candidate?
No — 502 Fern Rd does not appear in our flips dataset.
Is 502 Fern Rd a tax-appeal candidate?
No — 502 Fern Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.6%
Implied 1-yr
+30.4%
2026 Q2
$778.6K
2026 Q3
$818.2K
ZIP 08251 — Median Price History + Forecast

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