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205 40th St

Sea Isle City, NJ 08243

7 bd 5 ba 2,400 sqft townhomes
Most recent sale
$1,200,000
Jul 26, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2024 Sold $1,550,000 CapeMay
Sep 3, 2024 Sold $1,495,000 CapeMay
Jul 11, 2024 Listed $1,649,000 CapeMay
Jul 26, 2023 Sold $1,200,000 Public Record
Jul 24, 2023 Listed $1,749,000 CapeMay
Jul 19, 2023 Listing removed CapeMay
Jun 7, 2023 Listed $1,495,000 CapeMay
Feb 21, 2023 Sold $7,000,000 Public Record
Jan 27, 2023 Sold $7,000,000 Public Record
Sep 7, 2010 Sold $800,000 Public Record
Dec 6, 1985 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $581,000 $581,000 $4,950
2022 $581,000 $581,000 $4,653
2021 $581,000 $581,000 $4,438
2020 $581,000 $581,000 $4,264
2019 $581,000 $581,000 $4,171
2018 $581,000 $581,000 $4,125
2017 $581,000 $581,000 $4,037
2016 $581,000 $581,000 $3,904
2015 $609,000 $609,000 $3,587
2014 $609,000 $609,000 $3,556
2013 $27,500 $609,000 $636,500 $3,710
2012 $27,500 $609,000 $636,500 $3,685
2011 $27,500 $609,000 $636,500 $3,659
2009 $27,500 $609,000 $636,500 $3,475
2008 $27,500 $609,000 $636,500 $3,297
2007 $43,600 $482,800 $526,400 $3,368

Property facts

Year built
Property type
townhomes
Stories
3
Beds
7
Baths
5
Living area
2,400 sqft
Lot size
ZIP code
08243
City
Sea Isle City
Street
40th St
Coordinates
39.15748, -74.69265

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
$3,600
Gross rental yield
3.60%
Implied cap rate
2.34%
Trend-extrapolated value

Frequently asked questions

When did 205 40th St last sell?
205 40th St most recently sold on Jul 26, 2023 for $1,200,000.
What is the current tax assessment for 205 40th St?
The most recent total assessment for 205 40th St (year 2023) is $581,000 with $4,950 in property tax.
How does 205 40th St's assessment compare to its last sale price?
The current assessment is 51.6% below the last sale price of $1,200,000.
When was 205 40th St built?
The year built for 205 40th St is not in our records.
How does 205 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 205 40th St?
205 40th St is a 7 bed, 5 bath, 2,400 sqft townhomes.
Is 205 40th St a flip candidate?
Yes — 205 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 205 40th St a tax-appeal candidate?
No — 205 40th St 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
-0.6%
Implied 1-yr
-2.6%
2026 Q3
$1.75M
2026 Q4
$1.74M
ZIP 08243 — Median Price History + Forecast

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