NOT LISTED FOR SALE

324 Fourth Ave Cape May, NJ 08204

Estimated Value: $864,000 - $2,056,154

5 Beds
4 Baths
2,500 Sq Ft
$584/Sq Ft Est. Value

About This Home

This home is located at 324 Fourth Ave, Cape May, NJ 08204 and is currently estimated at $1,460,077, approximately $584 per square foot. 324 Fourth Ave is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Freels Barbara V and Freels Steve
Bought by
Meca Investments Llc
Current Estimated Value
$1,460,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,289,637
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$170,440

Purchase Details

Closed on
Sep 12, 1980
Bought by
Freels Chester A and Freels Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meca Investments Llc $825,000 Seaboard Title
Meca Investments Llc $825,000 Seaboard Title
Jersey Development Group Llc $825,000 None Listed On Document
Jersey Development Group Llc $825,000 None Listed On Document
Freels Chester A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meca Investments Llc $1,300,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $6,847 $260,000 $260,000 --
2024 $6,847 $471,900 $370,000 $101,900
Source: Public Records

Map

New Jersey Cape May County Cape May 08204

324 Fourth Ave, Cape May, NJ

Not Listed for Sale

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