Welcome to this beautifully updated 2-bedroom, 1-bath ranch home tucked within one of North Cape May’s most desirable bay area communities! Whether you're searching for a year-round residence, the perfect shore getaway, or a lucrative Airbnb investment, this charming property offers endless possibilities. Step inside to find a spacious living room, formal dining room, and a large kitchen with plenty of room for cooking and entertaining. Two generously sized bedrooms and a full bathroom provide comfortable living, while the designated laundry area adds everyday convenience. The backyard is designed for relaxation and fun, featuring a lovely sitting deck, a large and beautifully maintained above-ground pool, a hot tub, and a storage shed. It's the perfect space to unwind after a day at the beach or entertain family and friends all summer long. Located just minutes from everything Cape May County has to offer. This move-in-ready home is a rare opportunity and won't last long! Schedule a showing today!
For sale
Price cut: $10.1K (7/14)
$589,900
716 Gorham Ave, Cape May, NJ 08204
2beds
990sqft
Single Family Residence
Built in 1962
7,749 Square Feet Lot
$575,900 Zestimate®
$596/sqft
$-- HOA
What's special
Beautifully updatedHot tubLovely sitting deckTwo generously sized bedroomsFormal dining roomDesignated laundry areaStorage shed
- 30 days |
- 1,839 |
- 85 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Liam Coonahan 484-566-5060,
REAL
Source: CMCAOR,MLS#: 261615
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 990
- Total interior livable area: 990 sqft
Property
Lot
- Size: 7,749 Square Feet
- Dimensions: 7,749
Details
- Parcel number: 0500689000000014
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cape May
Financial & listing details
- Price per square foot: $596/sqft
- Tax assessed value: $163,200
- Annual tax amount: $3,200
- Date on market: 6/14/2026
Estimated market value
$575,900
$547,000 - $605,000
$2,670/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $589,900-1.7%$596/sqft |
Source:  CMCAOR #261615 Report a problem | ||
| 6/14/2026 | Listed for sale | $599,999+81.8%$606/sqft |
Source: CMCAOR #261615 Report a problem | ||
| 7/31/2025 | Sold | $330,000-19.5%$333/sqft |
Source: CMCAOR #250636 Report a problem | ||
| 6/28/2025 | Contingent | $410,000$414/sqft |
Source: CMCAOR #250636 Report a problem | ||
| 6/28/2025 | Pending sale | $410,000$414/sqft |
Source:  SJSRMLS #592976 Report a problem | ||
| 6/2/2025 | Price change | $410,000-10.9%$414/sqft |
Source:  Bright MLS #NJCM2004910 Report a problem | ||
| 5/28/2025 | Price change | $459,900+0.2%$465/sqft |
Source: SJSRMLS #592976 Report a problem | ||
| 5/13/2025 | Price change | $459,000-7.9%$464/sqft |
Source: SJSRMLS #592976 Report a problem | ||
| 4/24/2025 | Price change | $498,500+3.9%$504/sqft |
Source: SJSRMLS #593826 Report a problem | ||
| 4/14/2025 | Price change | $479,900-3.7%$485/sqft |
Source: SJSRMLS #593826 Report a problem | ||
| 2/10/2025 | Listed for sale | $498,500+146.8%$504/sqft |
Source: SJSRMLS #592976 Report a problem | ||
| 12/6/2017 | Sold | $202,000-4.3%$204/sqft |
Source: Public Record Report a problem | ||
| 10/16/2017 | Pending sale | $211,000$213/sqft |
Source: LONG & FOSTER REAL ESTATE, INC cm #177425 Report a problem | ||
| 8/15/2017 | Price change | $211,000-0.5%$213/sqft |
Source: LONG & FOSTER REAL ESTATE, INC cm #177425 Report a problem | ||
| 7/27/2017 | Listed for sale | $212,000+1%$214/sqft |
Source: LONG & FOSTER REAL ESTATE, INC cm #177425 Report a problem | ||
| 6/16/2015 | Listing removed | $210,000$212/sqft |
Source: WILSEY REALTY, LLC. #162381 Report a problem | ||
| 2/16/2015 | Listed for sale | $210,000$212/sqft |
Source: Wilsey Realty LLC #162381 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,200 | $163,200 |
| 2024 | $3,200 -1.9% | $163,200 |
| 2023 | $3,262 +6.3% | $163,200 |
| 2022 | $3,068 +1.6% | $163,200 |
| 2021 | $3,019 +2.5% | $163,200 |
| 2020 | $2,944 +2.4% | $163,200 |
| 2019 | $2,874 | $163,200 |
| 2018 | $2,874 +0.5% | $163,200 -0.9% |
| 2017 | $2,859 +3.3% | $164,700 |
| 2016 | $2,767 +3.4% | $164,700 |
| 2015 | $2,676 +2.7% | $164,700 |
| 2014 | $2,605 +4.2% | $164,700 -10.5% |
| 2013 | $2,501 +0.1% | $184,000 |
| 2012 | $2,499 +0.5% | $184,000 |
| 2011 | $2,486 -1.6% | $184,000 |
| 2010 | $2,527 +4.6% | $184,000 -15.8% |
| 2009 | $2,416 -3% | $218,600 |
| 2008 | $2,489 +12.9% | $218,600 -6.8% |
| 2007 | $2,204 | $234,600 +218.3% |
| 2006 | -- | $73,700 |
| 2005 | -- | $73,700 |
| 2004 | $2,027 | $73,700 |
| 2003 | -- | $73,700 |
| 2002 | -- | $73,700 |
| 2001 | -- | $73,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Cape May
Nearby schools
GreatSchools rating
- 4/10Maud Abrams SchoolGrades: 3-4Distance: 1.2 mi
- 4/10Richard M Teitelman SchoolGrades: 7-8Distance: 2.2 mi
- 5/10Lower Cape May Regional High SchoolGrades: 9-12Distance: 2.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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