OPEN SAT 11AM - 2PM
$24K PRICE DROP
1500 Franklin Ave Cape May, NJ 08204
Estimated payment $5,164/month
Total Views
26,452
3
Beds
2
Baths
1,691
Sq Ft
$517
Price per Sq Ft
Highlights
- Property near a bay
- Corner Lot
- Eat-In Kitchen
- Wood Flooring
- Den
- Patio
About This Home
See the bay and the Sunsets in this corner home just 3 Blocks from the Bay! 3 bedrooms, 2 bath multilevel home situated on a desirable oversized corner lot. Property is in very good condition but to ease the bind of buyers there is a Home inspection summary and estimates for most repairs are in Associated Docs. Seller is offering a $10,000 credit to Buyer to complete post-closing. This well-loved property offers a functional layout with plenty of natural light, spacious bedrooms, and multiple living areas perfect for relaxing or entertaining. Fantastic opportunity to customize and make it your own. The main level offers a living room and a dining and kitchen area that was expanded 6 feet creating a large entertaining area. The lower level could be a den, primary suite or game room. Enjoy the coastal lifestyle in a great location. Don’t miss your chance to own in this sought after neighborhood close to water, shopping, and dining with extra room to expand!
Open House Schedule
-
Saturday, August 30, 202511:00 am to 2:00 pm8/30/2025 11:00:00 AM +00:008/30/2025 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,871
Year Built
- Built in 1963
Lot Details
- Corner Lot
Home Design
- Slab Foundation
Interior Spaces
- 1,691 Sq Ft Home
- Living Room
- Dining Room
- Den
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Oven
- Stove
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Property near a bay
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 3 / 659
Map
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
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 | $4,871 | $252,500 | $151,000 | $101,500 |
| 2024 | $4,871 | $252,500 | $151,000 | $101,500 |
| 2023 | $4,797 | $252,500 | $151,000 | $101,500 |
| 2022 | $4,643 | $252,500 | $151,000 | $101,500 |
| 2021 | $4,305 | $252,500 | $151,000 | $101,500 |
| 2020 | $4,421 | $252,500 | $151,000 | $101,500 |
| 2019 | $4,305 | $252,500 | $151,000 | $101,500 |
| 2018 | $4,197 | $252,500 | $151,000 | $101,500 |
| 2017 | $4,202 | $252,500 | $151,000 | $101,500 |
| 2016 | $4,133 | $252,500 | $151,000 | $101,500 |
| 2015 | $3,992 | $252,500 | $151,000 | $101,500 |
| 2014 | $3,853 | $252,500 | $151,000 | $101,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $875,000 | -2.7% | $517 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $899,000 | -- | $532 / Sq Ft |
Source: Cape May County Association of REALTORS®
Similar Homes in Cape May, NJ
-
$899,000
- 3 Beds
- 4 Baths
- 2 Clay Ct
- Cape May, NJ
**Spacious Retreat on Over an Acre – Minutes from Downtown Cape May!** Welcome to your dream home! Perfectly situated just over 2 miles from the heart of downtown Cape May and its beautiful beaches, this exceptional property offers the best of both worlds: tranquility and convenience. Enjoy walking distance to the renowned Cape May Winery and Naughty Spirits Distillery—ideal for relaxing weekends
Tammy Lancaster WEICHERT REALTORS BRIGANTINE REALTY
Source: Cape May County Association of REALTORS®
MLS Number: 251855
APN: 05-00659-0000-00003
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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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