407 First Ave
West Cape May, NJ 08204
3 bd 2 ba 1,212 sqft Built 1970 Lot 7,200 sqft single_family
Most recent sale
$1,200,000
May 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 17, 2025 | Sold | $1,450,000 | CapeMay |
| Jul 2, 2025 | Price changed | $1,595,000 | CapeMay |
| Jun 22, 2025 | Price changed | $1,695,000 | CapeMay |
| Jun 6, 2025 | Listed | $1,750,000 | CapeMay |
| May 16, 2022 | Sold | $1,200,000 | MLS #220797 |
| Mar 27, 2022 | Listed | $1,162,000 | MLS #220797 |
| Jun 24, 2019 | Listed | $689,000 | MLS #188343 |
| Jan 28, 2019 | Price changed | $750,000 | MLS #183630 |
| Aug 25, 2018 | Listed | $775,000 | MLS #183630 |
| Dec 8, 1988 | Sold | $118,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $402,900 | $402,900 | $7,172 |
| 2023 | $93,800 | $402,900 | $496,700 | $7,554 |
| 2022 | $93,800 | $402,900 | $496,700 | $6,730 |
| 2021 | $93,800 | $402,900 | $496,700 | $6,358 |
| 2020 | $93,800 | $402,900 | $496,700 | $6,551 |
| 2019 | $93,800 | $402,900 | $496,700 | $6,229 |
| 2018 | $93,800 | $402,900 | $496,700 | $6,283 |
| 2017 | $93,800 | $402,900 | $496,700 | $6,070 |
| 2016 | $93,800 | $402,900 | $496,700 | $6,070 |
| 2015 | $93,800 | $402,900 | $496,700 | $5,707 |
| 2014 | $93,800 | $402,900 | $496,700 | $5,707 |
| 2013 | $93,800 | $402,900 | $496,700 | $5,300 |
| 2012 | $93,800 | $402,900 | $496,700 | $5,707 |
| 2011 | $93,800 | $402,900 | $496,700 | $5,811 |
| 2010 | $119,800 | $429,000 | $548,800 | $5,439 |
| 2009 | $119,800 | $429,000 | $548,800 | $5,373 |
| 2008 | $119,800 | $429,000 | $548,800 | $5,186 |
| 2007 | $119,800 | $429,000 | $548,800 | $4,939 |
Property facts
Year built
1970
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,212 sqft
Lot size
7,200 sqft
ZIP code
08204
City
West Cape May
Street
First Ave
Coordinates
38.93487, -74.93208
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 407 First Ave last sell?
407 First Ave most recently sold on May 16, 2022 for $1,200,000.
What is the current tax assessment for 407 First Ave?
The most recent total assessment for 407 First Ave (year 2025) is $402,900 with $7,172 in property tax.
How does 407 First Ave's assessment compare to its last sale price?
The current assessment is 66.4% below the last sale price of $1,200,000.
When was 407 First Ave built?
407 First Ave was built in 1970.
How does 407 First Ave compare to others on First Ave?
We do not currently track other properties on First Ave.
What are the property facts for 407 First Ave?
407 First Ave is a 3 bed, 2 bath, 1,212 sqft, 7,200 sqft lot single_family.
Is 407 First Ave a flip candidate?
No — 407 First Ave does not appear in our flips dataset.
Is 407 First Ave a tax-appeal candidate?
No — 407 First Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography