NOT LISTED FOR SALE

601 Wayne Ave Cape May, NJ 08204

Estimated Value: $353,000 - $532,000

2 Beds
1 Bath
690 Sq Ft
$666/Sq Ft Est. Value

About This Home

This home is located at 601 Wayne Ave, Cape May, NJ 08204 and is currently estimated at $459,736, approximately $666 per square foot. 601 Wayne Ave 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
Mar 21, 2023
Sold by
Lyman William W and Lyman Danielle
Bought by
Benson Jacob J and Benson Susan M
Current Estimated Value
$459,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$181,539
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$278,197

Purchase Details

Closed on
Sep 18, 2007
Sold by
Steptoe Richard and Steptoe Rachel
Bought by
Lyman William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,574
Interest Rate
6.63%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 2004
Sold by
Estate Of Robert K Ayling
Bought by
Steptoe Richard and Steptoe Rachel
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
Benson Jacob J $275,000 --
Lyman William W $204,900 The Title Company Of Jersey
Steptoe Richard $172,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson Jacob J $187,000
Previous Owner Lyman William W $208,536
Previous Owner Lyman William W $197,574
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 $3,129 $154,300 $118,000 $36,300
2024 $3,129 $154,300 $118,000 $36,300
2023 $3,084 $154,300 $118,000 $36,300
2022 $2,990 $154,300 $118,000 $36,300
2021 $2,901 $154,300 $118,000 $36,300
2020 $2,855 $154,300 $118,000 $36,300
2019 $2,784 $154,300 $118,000 $36,300
2018 $2,717 $154,300 $118,000 $36,300
2017 $2,720 $154,300 $118,000 $36,300
2016 $2,679 $154,300 $118,000 $36,300
2015 $2,569 $152,900 $118,000 $34,900
2014 $2,485 $152,900 $118,000 $34,900
Source: Public Records

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