NOT LISTED FOR SALE

505 Town Bank Rd Cape May, NJ 08204

Estimated Value: $553,729 - $764,000

-- Bed
-- Bath
2,300 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 505 Town Bank Rd, Cape May, NJ 08204 and is currently estimated at $658,865, approximately $286 per square foot. 505 Town Bank Rd is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2012
Sold by
Njhr1 Llc
Bought by
Family Promise Of Cape May County Inc
Current Estimated Value
$658,865

Purchase Details

Closed on
Feb 15, 2011
Sold by
Niroh Enterprises Llc
Bought by
Njhr1 Llc

Purchase Details

Closed on
Aug 5, 2005
Sold by
Wallace Jerome T and Wallace Jennifer F
Bought by
Niroh Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1992
Sold by
Marangos John P and Marangos Katherine M
Bought by
Marangos Enterprises Of Wildwood

Purchase Details

Closed on
May 24, 1990
Sold by
Marangos John P and Marangos Katherine M
Bought by
Atlantic City Electric Company
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Family Promise Of Cape May County Inc $251,230 None Available
Njhr1 Llc $133,000 None Available
Niroh Enterprises Llc $510,000 Shore Title Agency Inc
Marangos Enterprises Of Wildwood $280,000 --
Atlantic City Electric Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Family Promise Of Cape May County Inc $79,600
Previous Owner Niroh Enterprises Llc $590,000
Previous Owner Niroh Enterprises Llc $485,000
Previous Owner Wallace Jennifer $250,000
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 -- $336,000 $110,300 $225,700
2024 -- $336,000 $110,300 $225,700
2023 -- $336,000 $110,300 $225,700
2022 -- $336,000 $110,300 $225,700
2021 $6,372 $336,000 $110,300 $225,700
2020 $0 $336,000 $110,300 $225,700
2019 $6,372 $336,000 $110,300 $225,700
2018 $0 $336,000 $110,300 $225,700
2017 $6,627 $336,000 $110,300 $225,700
2016 $6,627 $336,000 $110,300 $225,700
2015 $6,627 $336,000 $110,300 $225,700
2014 $6,627 $336,000 $110,300 $225,700
Source: Public Records

Map

New Jersey Cape May County Cape May 08204

505 Town Bank Rd, Cape May, NJ

This home is located at 505 Town Bank Rd, Cape May, NJ 08204 and is currently estimated at $658,865, approximately $286 per square foot. 505 Town Bank Rd is a home located in Cape May County with nearby schools including Carl T. Mitnick School, David C. Douglass Veterans Memorial School, and Maud Abrams School.

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.

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