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501 Beach Ave

Cape May, NJ 08204

1 bd 1 ba 425 sqft Built 1935 condos
Most recent sale
$155,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $155,000 MLS #220935
Apr 5, 2022 Listed $159,900 MLS #220935
Oct 4, 2019 Sold $90,000 Public Record
May 2, 2019 Listed $119,000 CapeMay
Nov 23, 2018 Price changed $119,000 MLS #177306
Oct 29, 2018 Price changed $121,000 MLS #177306
Sep 7, 2018 Price changed $124,000 MLS #177306
Feb 2, 2018 Price changed $119,000 MLS #177306
Jul 18, 2017 Listed $125,000 MLS #177306
Jun 17, 2016 Listing removed $130,000 CapeMay
Feb 29, 2016 Listed $130,000 MLS #168747
May 5, 2015 Listing removed $151,000 CapeMay
Mar 28, 2015 Listed $151,000 MLS #163109
Jul 26, 2011 Listing removed $163,000 CapeMay
Nov 9, 2010 Price changed $163,000 MLS #136146
Nov 2, 2010 Price changed $166,000 MLS #136146
Oct 26, 2010 Price changed $170,000 MLS #136146
Oct 19, 2010 Price changed $171,000 MLS #136146
Oct 12, 2010 Price changed $173,000 MLS #136146
Oct 5, 2010 Price changed $178,000 MLS #136146
Oct 1, 2010 Listed $180,000 MLS #136146
May 30, 1990 Sold $124,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $50,000 $40,000 $90,000 $983
2023 $50,000 $40,000 $90,000 $966
2022 $50,000 $40,000 $90,000 $928
2021 $50,000 $40,000 $90,000 $916
2020 $108,100 $65,000 $173,100 $1,679
2019 $108,100 $65,000 $173,100 $1,709
2018 $108,100 $65,000 $173,100 $1,612
2017 $108,100 $65,000 $173,100 $1,530
2016 $108,100 $65,000 $173,100 $1,440
2015 $108,100 $65,000 $173,100 $1,497
2014 $108,100 $65,000 $173,100 $1,497
2013 $108,100 $65,000 $173,100 $1,451
2012 $108,100 $65,000 $173,100 $1,432
2011 $108,100 $65,000 $173,100 $1,357
2010 $108,100 $65,000 $173,100 $1,281
2009 $84,500 $35,000 $119,500 $1,019
2008 $84,500 $35,000 $119,500 $995
2007 $84,500 $35,000 $119,500 $920

Property facts

Year built
1935
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
425 sqft
Lot size
ZIP code
08204
City
Cape May
Street
Beach Ave
Coordinates
38.93129, -74.92108

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
$638
Gross rental yield
4.94%
Implied cap rate
3.21%
Trend-extrapolated value

Frequently asked questions

When did 501 Beach Ave last sell?
501 Beach Ave most recently sold on Jun 27, 2022 for $155,000.
What is the current tax assessment for 501 Beach Ave?
The most recent total assessment for 501 Beach Ave (year 2025) is $90,000 with $983 in property tax.
How does 501 Beach Ave's assessment compare to its last sale price?
The current assessment is 41.9% below the last sale price of $155,000.
When was 501 Beach Ave built?
501 Beach Ave was built in 1935.
How does 501 Beach Ave compare to others on Beach Ave?
We track 8 other properties on Beach Ave. Browse the list under "Other properties on Beach Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Beach Ave?
501 Beach Ave is a 1 bed, 1 bath, 425 sqft condos.
Is 501 Beach Ave a flip candidate?
No — 501 Beach Ave does not appear in our flips dataset.
Is 501 Beach Ave a tax-appeal candidate?
No — 501 Beach Ave 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
+12.4%
Implied 1-yr
+49.5%
2026 Q3
$2.42M
2026 Q4
$2.59M
ZIP 08204 — Median Price History + Forecast

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