NOT LISTED FOR SALE

1024 Shunpike Rd Cape May, NJ 08204

Estimated Value: $1,131,882 - $1,269,000

6.32 Acres
$189,943 Price per Acre
275,299 Sq Ft Lot

Sale Details

Date Sold: October 17, 2025

Last sale price $1,135,000

Est. 6% increase in value since last sale

Current estimated payment $7,172 / mo

435 Days on Market

Highlights

  • 6.32 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of October 2025

Welcome 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

Stefanie Reis

KELLER WILLIAMS REALTY JERSEY SHORE oc License #0683169 Listed on: 05/08/2024

KELLER WILLIAMS REALTY JERSEY SHORE oc

Last Buyer's Agent

Ryan O'Keefe

HOMESTEAD REAL ESTATE CO. INC. License #1866613

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

Property Details

Property Type

Land

Est. Annual Taxes

$8,140

Lot Details

6.32 Acres

Listing Details

  • Class: LOTS/LAND
  • Type: Vacant Lot
  • District Township: 05-Lower Township
  • Lot Size2: 275,299
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 280

Lot Info

  • Lot Number: 6
  • Lot Size: 5+ Acres to 10 Acres
  • Sub Lot: 1.07
  • Total Assessment: 407200
  • Zoning: R-1
  • Improvements: Water, Other (See Remarks)
  • Number Of Acres: 6.32
  • Topography: Wooded, Cleared, Level

Tax Info

  • Taxes: 8140
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Oct 17, 2025
Sold by
Bought by
Seller's Agent
Stefanie Reis
KELLER WILLIAMS REALTY JERSEY SHORE oc
Buyer's Agent
Ryan O'Keefe
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
$1,200,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,441
Avg. Annual Appreciation
8.34%
Original Mortgage
$737,750
Outstanding Balance
$732,154
Interest Rate
6.35%
Mortgage Type
Seller Take Back
Estimated Equity
$468,287

Purchase Details

Closed on
Aug 31, 2021
Sold by
Bought by

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
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,135,000 Seaboard Title
$500,000 Misc Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $737,750
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,258 $407,200 $360,600 $46,600
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

    Seller's Agent in 2025

    Stefanie Reis

    KELLER WILLIAMS REALTY JERSEY SHORE oc

    (856) 649-5484

    48 Total Sales

    Stefanie Reis
    Section Image

  • R

    Buyer's Agent in 2025

    Ryan O'Keefe

    HOMESTEAD REAL ESTATE CO. INC.

    (609) 602-7672

    67 Total Sales

    Ryan O'Keefe
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 241335

Cape May County Association of REALTORS®

APN: 05-00749-0000-00006

New Jersey Cape May County Cape May 08204

1024 Shunpike Rd, Cape May, NJ

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.

Cape May County Association of REALTORS® 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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