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902 Ocean Dr

Cape May, NJ 08204

3 bd 2 ba 1,785 sqft Built 1993 townhomes
Most recent sale
$853,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2024 Sold $900,000 BrightMLS
Jul 24, 2024 Price changed $925,000 CapeMay
May 31, 2024 Price changed $949,000 CapeMay
Mar 18, 2024 Listed $990,000 CapeMay
Jun 29, 2022 Sold $853,000 MLS #213803
Mar 7, 2022 Price changed $864,000 MLS #213803
Nov 15, 2021 Price changed $874,000 MLS #213803
Oct 12, 2021 Listed $899,000 MLS #213803
Jun 5, 2006 Sold $644,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $326,000 $150,000 $476,000 $9,953
2023 $326,000 $150,000 $476,000 $9,539
2022 $326,000 $150,000 $476,000 $9,248
2021 $326,000 $150,000 $476,000 $8,948
2020 $326,000 $150,000 $476,000 $8,815
2019 $326,000 $150,000 $476,000 $8,577
2018 $326,000 $150,000 $476,000 $8,377
2017 $326,000 $150,000 $476,000 $8,382
2016 $326,000 $150,000 $476,000 $8,268
2015 $326,000 $150,000 $476,000 $8,001
2014 $326,000 $150,000 $476,000 $7,739
2013 $292,000 $285,600 $577,600 $8,178
2012 $292,000 $285,600 $577,600 $7,849
2011 $292,000 $285,600 $577,600 $7,843
2009 $385,000 $260,000 $645,000 $7,462
2008 $385,000 $260,000 $645,000 $7,133
2007 $395,100 $260,000 $655,100 $6,917

Property facts

Year built
1993
Property type
townhomes
Stories
3
Beds
3
Baths
2
Living area
1,785 sqft
Lot size
ZIP code
08204
City
Cape May
Street
Ocean Dr
Coordinates
38.95622, -74.90211

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
$2,678
Gross rental yield
3.77%
Implied cap rate
2.45%
Trend-extrapolated value

Frequently asked questions

When did 902 Ocean Dr last sell?
902 Ocean Dr most recently sold on Jun 29, 2022 for $853,000.
What is the current tax assessment for 902 Ocean Dr?
The most recent total assessment for 902 Ocean Dr (year 2025) is $476,000 with $9,953 in property tax.
How does 902 Ocean Dr's assessment compare to its last sale price?
The current assessment is 44.2% below the last sale price of $853,000.
When was 902 Ocean Dr built?
902 Ocean Dr was built in 1993.
How does 902 Ocean Dr compare to others on Ocean Dr?
We track 8 other properties on Ocean Dr. Browse the list under "Other properties on Ocean Dr" to compare beds, baths, and sale history.
What are the property facts for 902 Ocean Dr?
902 Ocean Dr is a 3 bed, 2 bath, 1,785 sqft townhomes.
Is 902 Ocean Dr a flip candidate?
No — 902 Ocean Dr does not appear in our flips dataset.
Is 902 Ocean Dr a tax-appeal candidate?
No — 902 Ocean Dr 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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