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1262 Pennsylvania Ave

Cape May, NJ 08204

2 bd 2 ba 1,032 sqft Built 1974 Lot 7,500 sqft single_family
Most recent sale
$650,000
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $650,000 Public Record
Oct 12, 2022 Sold $650,000 CapeMay
Jul 25, 2022 Price changed $699,000 MLS #221768
Jul 8, 2022 Price changed $729,000 MLS #221768
Jun 25, 2022 Price changed $749,000 MLS #221768
Jun 8, 2022 Listed $775,000 MLS #221768
May 9, 2011 Sold $375,000 Public Record
Sep 18, 1995 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $87,700 $289,000 $376,700 $4,117
2023 $87,700 $289,000 $376,700 $4,045
2022 $87,700 $289,000 $376,700 $3,887
2021 $87,700 $289,000 $376,700 $3,835
2020 $87,700 $289,000 $376,700 $3,654
2019 $87,700 $289,000 $376,700 $3,718
2018 $87,700 $289,000 $376,700 $3,507
2017 $87,700 $289,000 $376,700 $3,330
2016 $87,700 $289,000 $376,700 $3,134
2015 $87,700 $289,000 $376,700 $3,258
2014 $87,700 $289,000 $376,700 $3,258
2013 $87,700 $289,000 $376,700 $3,157
2012 $87,700 $289,000 $376,700 $3,115
2011 $87,700 $289,000 $376,700 $2,953
2010 $87,700 $289,000 $376,700 $2,788
2009 $83,300 $280,000 $363,300 $3,099
2008 $83,300 $280,000 $363,300 $3,026
2007 $83,300 $280,000 $363,300 $2,797

Property facts

Year built
1974
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,032 sqft
Lot size
7,500 sqft
ZIP code
08204
City
Cape May
Street
Pennsylvania Ave
Coordinates
38.94149, -74.90762

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
$3,900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1262 Pennsylvania Ave last sell?
1262 Pennsylvania Ave most recently sold on Oct 13, 2022 for $650,000.
What is the current tax assessment for 1262 Pennsylvania Ave?
The most recent total assessment for 1262 Pennsylvania Ave (year 2025) is $376,700 with $4,117 in property tax.
How does 1262 Pennsylvania Ave's assessment compare to its last sale price?
The current assessment is 42.0% below the last sale price of $650,000.
When was 1262 Pennsylvania Ave built?
1262 Pennsylvania Ave was built in 1974.
How does 1262 Pennsylvania Ave compare to others on Pennsylvania Ave?
We track 8 other properties on Pennsylvania Ave. Browse the list under "Other properties on Pennsylvania Ave" to compare beds, baths, and sale history.
What are the property facts for 1262 Pennsylvania Ave?
1262 Pennsylvania Ave is a 2 bed, 2 bath, 1,032 sqft, 7,500 sqft lot single_family.
Is 1262 Pennsylvania Ave a flip candidate?
No — 1262 Pennsylvania Ave does not appear in our flips dataset.
Is 1262 Pennsylvania Ave a tax-appeal candidate?
No — 1262 Pennsylvania 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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