Sold for $799,000

$799,000

505 Holmes Ave, Cape May, NJ 08204

2beds

1,122sqft

Single Family Residence

Built in ----

8,250 Square Feet Lot

$865,300 Zestimate^®

$712/sqft

$3,847 Estimated rent

Home value

$865,300

$770,000 - $978,000

$3,847/mo

Zestimate^® history

Owner options

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$3,847/mo

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$3,847/mo

Rent Zestimate^®

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$5,035/mo

Est. payment

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$5,035/mo

Est. payment

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What's special

Detached garageBonus roomUnfinished bathroomEat-in kitchenLaundry room

Amazing opportunity awaits you! One of the few decently priced properties in North Cape May, home of the best sunsets. This home features two bedrooms, one bathroom, eat-in kitchen, laundry room with a bonus room in the back with an unfinished bathroom, a detached garage and beautiful corner lot. This property has endless potential, with some TLC anyone could turn it into their beautiful forever home or a serene vacation home away from home. This property has not been occupied since 2020 and is being conveyed in "As-is" condition.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Oven, Dishwasher, Gas Water Heater

Interior area

Total structure area: 1,122
Total interior livable area: 1,122 sqft

Property

Parking

Parking features: Garage
Has garage: Yes

Lot

Size: 8,250 Square Feet
Dimensions: 8250
Features: Corner Lot

Details

Parcel number: 0500624000000014

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Location

Region: Cape May

Financial & listing details

Price per square foot: $712/sqft
Tax assessed value: $182,300
Annual tax amount: $3,532
Date on market: 11/7/2023

Price history

Date	Event	Price
1/16/2025	Sold	$799,000+131.6%$712/sqft
Source: Public Record Report a problem
1/30/2024	Sold	$345,000-1.4%$307/sqft
Source: CMCAOR #233026 Report a problem
12/14/2023	Contingent	$350,000$312/sqft
Source: CMCAOR #233026 Report a problem
11/29/2023	Price change	$350,000-6.6%$312/sqft
Source: CMCAOR #233026 Report a problem
11/7/2023	Listed for sale	$374,900$334/sqft
Source: CMCAOR #233026 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,575	$182,300
2024	$3,575 -1.9%	$182,300
2023	$3,644 +6.3%	$182,300
2022	$3,427 +1.6%	$182,300
2021	$3,373 +2.5%	$182,300
2020	$3,289 +11.3%	$182,300
2019	$2,954	$182,300
2018	$2,954 -6.7%	$182,300
2017	$3,165 +3.3%	$182,300
2016	$3,063 +3.4%	$182,300
2015	$2,962 +1.8%	$182,300
2014	$2,911 +4.2%	$182,300 -11.3%
2013	$2,794 +0.1%	$205,600
2012	$2,792 +0.5%	$205,600
2011	$2,778 -0.7%	$205,600
2010	$2,796 +4.6%	$205,600 -15%
2009	$2,673 +4.1%	$241,900
2008	$2,567 +0%	$241,900
2007	$2,566	$241,900 +181.9%
2006	--	$85,800
2005	--	$85,800
2004	$2,360	$85,800
2003	--	$85,800
2002	--	$85,800
2001	--	$85,800