Seller's Agent in 2025
Stefanie Reis
KELLER WILLIAMS REALTY JERSEY SHORE oc
(856) 649-5484
1 in this area
50 Total Sales
1024 Shunpike Rd Cape May, NJ 08204
6.32
Acres
$179,589
Price per Acre
275,299
Sq Ft Lot
Highlights
- 6.32 Acre Lot
- Wooded Lot
- Level Lot
About This Lot
As of October 2025Welcome to a rare opportunity in Cape May, NJ! Imagine owning 6.32 acres of land just minutes away from the stunning beaches, historic lighthouse, charming farms, acclaimed wineries, craft distilleries, breweries, and the Cape May Ferry. This prime location offers a unique blend of coastal beauty and countryside allure, making it an ideal investment or a dream location to build your perfect retreat. Don't miss out on this extraordinary chance to own a piece of paradise in Cape May NJ! Currently the property is zoned R1 single family, commercial. This property is pre-existing non-conforming. Currently there are 2 buildings on the property and a concrete slab where a 3rd building once existed. The property is cleared & fenced-in. There is well water and an existing septic. Bring your commercial/residential vision and make your investment dream come true. Endless possibilities waiting for you, schedule your appointment today .
Last Agent to Sell the Property
KELLER WILLIAMS REALTY JERSEY SHORE oc License #0683169 Listed on: 05/08/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,140
Lot Details
- 6.32 Acre Lot
- Level Lot
- Cleared Lot
- Wooded Lot
Listing and Financial Details
- Legal Lot and Block 6 / 749
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Oct 17, 2025
Sold by
Cape May Associates Llc
Bought by
Mccarty Family Estate Llc
Seller's Agent
Stefanie Reis
KELLER WILLIAMS REALTY JERSEY SHORE oc
Buyer's Agent
Ryan O'Keefe-Testa
HOMESTEAD REAL ESTATE CO. INC.
List Price
$1,150,000
Sold Price
$1,135,000
Premium/Discount to List
-$15,000
-1.3%
Views
964
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,747
Avg. Annual Appreciation
-64.77%
Original Mortgage
$737,750
Outstanding Balance
$737,750
Interest Rate
6.35%
Mortgage Type
Seller Take Back
Estimated Equity
$164,503
Purchase Details
Closed on
Aug 31, 2021
Sold by
Macum Corp
Bought by
Cape May Associates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,135,000 | Seaboard Title | |
| Deed | $500,000 | Misc Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $737,750 | Seller Take Back | |
| Previous Owner | $300,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Sold | $1,135,000 | -1.3% | -- |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $1,150,000 | -- | -- |
Source: Cape May County Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,258 | $407,200 | $360,600 | $46,600 |
| 2024 | $8,258 | $407,200 | $360,600 | $46,600 |
| 2023 | $8,140 | $407,200 | $360,600 | $46,600 |
| 2022 | $7,892 | $407,200 | $360,600 | $46,600 |
| 2021 | $7,655 | $407,200 | $360,600 | $46,600 |
| 2020 | $7,533 | $407,200 | $360,600 | $46,600 |
| 2019 | $7,346 | $407,200 | $360,600 | $46,600 |
| 2018 | $7,171 | $407,200 | $360,600 | $46,600 |
| 2017 | $7,179 | $407,200 | $360,600 | $46,600 |
| 2016 | $7,069 | $407,200 | $360,600 | $46,600 |
| 2015 | $6,841 | $407,200 | $360,600 | $46,600 |
| 2014 | $6,617 | $407,200 | $360,600 | $46,600 |
Source: Public Records
Agents Affiliated with this Home
-
Stefanie Reis
-
Ryan O'Keefe-Testa
R
Buyer's Agent in 2025
Ryan O'Keefe-Testa
HOMESTEAD REAL ESTATE CO. INC.
(609) 602-7672
14 in this area
68 Total Sales
Map
Source: Cape May County Association of REALTORS®
MLS Number: 241335
APN: 05-00749-0000-00006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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