NOT LISTED FOR SALE

508 Alexander Ave Cape May Point, NJ 08212

Estimated Value: $1,848,193 - $2,619,000

-- Bed
-- Bath
2,908 Sq Ft
$781/Sq Ft Est. Value

About This Home

This home is located at 508 Alexander Ave, Cape May Point, NJ 08212 and is currently estimated at $2,271,048, approximately $780 per square foot. 508 Alexander Ave is a home 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
Jul 9, 2008
Sold by
Riper Joseph G and Riper Sandra G
Bought by
Riper Joseph G and Riper Sandra G
Current Estimated Value
$2,271,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$414,285
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,653,240

Purchase Details

Closed on
Dec 1, 2004
Sold by
Waterman Bruce A and Waterman Eliza M
Bought by
Riper Joseph G and Riper Sandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2002
Sold by
Eckerd Isabelle S
Bought by
Waterman Bruce A and Waterman Eliza M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Riper Joseph G $75,000 None Available
Riper Joseph G $1,150,000 Citizens Title Agency
Waterman Bruce A $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riper Joseph G $650,000
Closed Riper Joseph G $805,000
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 $6,983 $943,600 $512,900 $430,700
2024 $6,983 $943,600 $512,900 $430,700
2023 $6,879 $943,600 $512,900 $430,700
2022 $6,652 $943,600 $512,900 $430,700
2021 $6,105 $943,600 $512,900 $430,700
2020 $5,869 $943,600 $512,900 $430,700
2019 $5,794 $943,600 $512,900 $430,700
2018 $5,586 $943,600 $512,900 $430,700
2017 $5,305 $905,300 $512,900 $392,400
2016 $5,196 $905,300 $512,900 $392,400
2015 $4,987 $1,001,500 $608,100 $393,400
2014 $4,987 $1,001,500 $608,100 $393,400
Source: Public Records

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