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115 Reading Ave

Cape May, NJ 08204

6 bd 4 ba 2,911 sqft Built 1915 Lot 4,200 sqft single_family
Most recent sale
$2,315,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $2,315,000 Public Record
Apr 29, 2022 Listed $2,275,000 MLS #221264
Aug 11, 2014 Listing removed $1,750,000 CapeMay
Sep 29, 2009 Sold $1,150,000 Public Record
Jun 17, 2009 Listing removed $1,495,000 CapeMay
Feb 21, 2009 Listing removed $1,495,000 CapeMay
Feb 16, 2009 Listed $1,495,000 MLS #124803
Aug 12, 2008 Listed $1,750,000 MLS #122116
Dec 30, 1996 Sold $255,000 Public Record
Mar 20, 1995 Sold $300,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $620,300 $475,800 $1,096,100 $11,980
2023 $620,300 $475,800 $1,096,100 $11,772
2022 $620,300 $475,800 $1,096,100 $11,311
2021 $620,300 $475,800 $1,096,100 $11,158
2020 $620,300 $475,800 $1,096,100 $10,632
2019 $620,300 $475,800 $1,096,100 $10,818
2018 $620,300 $475,800 $1,096,100 $10,204
2017 $620,300 $475,800 $1,096,100 $9,689
2016 $620,300 $475,800 $1,096,100 $9,119
2015 $620,300 $475,800 $1,096,100 $9,481
2014 $620,300 $475,800 $1,096,100 $9,481
2013 $620,300 $475,800 $1,096,100 $9,185
2012 $620,300 $475,800 $1,096,100 $9,064
2011 $620,300 $475,800 $1,096,100 $8,593
2010 $620,300 $475,800 $1,096,100 $8,111
2009 $456,300 $363,700 $820,000 $6,994
2008 $371,200 $363,700 $734,900 $6,121
2007 $371,200 $363,700 $734,900 $5,658

Property facts

Year built
1915
Property type
single_family
Stories
3
Beds
6
Baths
4
Living area
2,911 sqft
Lot size
4,200 sqft
ZIP code
08204
City
Cape May
Street
Reading Ave
Coordinates
38.93495, -74.90597

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
$13,890
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 115 Reading Ave last sell?
115 Reading Ave most recently sold on Jun 21, 2022 for $2,315,000.
What is the current tax assessment for 115 Reading Ave?
The most recent total assessment for 115 Reading Ave (year 2025) is $1,096,100 with $11,980 in property tax.
How does 115 Reading Ave's assessment compare to its last sale price?
The current assessment is 52.7% below the last sale price of $2,315,000.
When was 115 Reading Ave built?
115 Reading Ave was built in 1915.
How does 115 Reading Ave compare to others on Reading Ave?
We track 8 other properties on Reading Ave. Browse the list under "Other properties on Reading Ave" to compare beds, baths, and sale history.
What are the property facts for 115 Reading Ave?
115 Reading Ave is a 6 bed, 4 bath, 2,911 sqft, 4,200 sqft lot single_family.
Is 115 Reading Ave a flip candidate?
No — 115 Reading Ave does not appear in our flips dataset.
Is 115 Reading Ave a tax-appeal candidate?
No — 115 Reading 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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