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1037 Cape May Ave

Cape May, NJ 08204

5 bd 5 ba 3,700 sqft Built 1980 Lot 9,375 sqft single_family
Most recent sale
$2,495,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $2,495,000 MLS #214272
Jan 17, 2022 Relisted $2,495,000 MLS #214272
Nov 27, 2021 Listed $2,495,000 MLS #214272
Jun 7, 2001 Sold $365,000 Public Record
Apr 30, 2001 Sold $365,000 Public Record
May 1, 1984 Sold $92,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $444,100 $565,000 $1,009,100 $11,029
2023 $444,100 $565,000 $1,009,100 $10,837
2022 $444,100 $565,000 $1,009,100 $10,163
2021 $444,100 $565,000 $1,009,100 $10,023
2020 $444,100 $565,000 $1,009,100 $9,538
2019 $444,100 $565,000 $1,009,100 $9,710
2018 $444,100 $565,000 $1,009,100 $9,145
2017 $360,000 $565,000 $925,000 $7,927
2016 $360,000 $565,000 $925,000 $7,446
2015 $360,000 $565,000 $925,000 $7,751
2014 $360,000 $565,000 $925,000 $7,751
2013 $383,900 $565,000 $948,900 $7,702
2012 $383,900 $565,000 $948,900 $7,597
2011 $383,900 $565,000 $948,900 $7,189
2010 $383,900 $565,000 $948,900 $6,772
2009 $220,700 $373,800 $594,500 $4,821
2008 $220,700 $373,800 $594,500 $4,702
2007 $220,700 $373,800 $594,500 $4,327

Property facts

Year built
1980
Property type
single_family
Stories
Beds
5
Baths
5
Living area
3,700 sqft
Lot size
9,375 sqft
ZIP code
08204
City
Cape May
Street
Cape May Ave
Coordinates
38.93703, -74.91139

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
$14,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1037 Cape May Ave last sell?
1037 Cape May Ave most recently sold on Jan 28, 2022 for $2,495,000.
What is the current tax assessment for 1037 Cape May Ave?
The most recent total assessment for 1037 Cape May Ave (year 2025) is $1,009,100 with $11,029 in property tax.
How does 1037 Cape May Ave's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $2,495,000.
When was 1037 Cape May Ave built?
1037 Cape May Ave was built in 1980.
How does 1037 Cape May Ave compare to others on Cape May Ave?
We track 8 other properties on Cape May Ave. Browse the list under "Other properties on Cape May Ave" to compare beds, baths, and sale history.
What are the property facts for 1037 Cape May Ave?
1037 Cape May Ave is a 5 bed, 5 bath, 3,700 sqft, 9,375 sqft lot single_family.
Is 1037 Cape May Ave a flip candidate?
No — 1037 Cape May Ave does not appear in our flips dataset.
Is 1037 Cape May Ave a tax-appeal candidate?
No — 1037 Cape May 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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