$419,000
$80K PRICE DROP

602 Gorham Ave Cape May, NJ 08204

Estimated payment $2,474/month

Total Views 52,050
4 Beds
2 Baths
1,160 Sq Ft
$361 Price per Sq Ft

Highlights

  • Ranch Style House
  • Interior Lot
  • Living Room
  • Den
  • Patio
  • Storage

About This Home

Your Bayside Escape in North Cape May. Nestled in a serene bayside neighborhood, this 4-bedroom, 2-bathroom home offers over 1,100 square feet of comfortable living space, the perfect spot for easy coastal living. Just a short walk from the beautiful Delaware Bay beaches, you’ll have access to sunsets, kayaking, and fishing. Lot is an ideal setting for outdoor gatherings with family and friends. Inside, the home’s versatile layout offers both privacy and functionality. The front living room creates a welcoming atmosphere, while the galley-style eat-in kitchen with pantry provides ample space for meal preparation. The rear addition includes a living/dining room, two bedrooms and a full bath – perfect for guests or extended family. On the other side, you’ll find two more bedrooms, another full bath. Plus, the walk-in basement has plenty of storage space, along with the washer and dryer. Location is everything – this home is just minutes from shopping, the Cape May-Lewes Ferry, and local favorite attractions. And with easy access to Historic Cape May and the Wildwoods, you’ll always have something to explore. Whether you’re looking for a year-round home, a seasonal retreat, or an investment property, this charming North Cape May gem is waiting for you to make it your own. Seller offering a $2,000 credit towards new carpet or refinishing of the hardwood floors beneath.

Listing Agent

Christina P. Clemans, ABR, CRS, GRI

Tim Kerr Sotheby's International Realty Listed on: 08/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 1951

Lot Details

  • Interior Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,160 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Den
  • Storage
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 671

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,557

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • Estimated Year Built: 1951
  • New Construction: No
  • Lot Size2: 7,749sqft
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Smoke/Fire Alarm, Storage, Wall to Wall Carpet, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Partial
  • Estimated Living Sq Ft: 1160
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Pantry

Exterior Features

  • Construction: Ranch
  • Outside Features: Patio, Storage Building, Sidewalks

Utilities

  • Cooling: Central Air Condition, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 6
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 3557
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,557 $175,400 $117,300 $58,100
2024 $3,557 $175,400 $117,300 $58,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 For Sale $419,000 0.0% $361 / Sq Ft
11/06/2025 11/06/25 Off Market $419,000 -- --
09/30/2025 09/30/25 Price Changed $419,000 -6.7% $361 / Sq Ft
09/13/2025 09/13/25 Price Changed $449,000 -10.0% $387 / Sq Ft
08/04/2025 08/04/25 For Sale $499,000 +162.8% $430 / Sq Ft
05/18/2015 05/18/15 Sold $189,900 0.0% $164 / Sq Ft View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $189,900 -- $164 / Sq Ft
Source: Cape May County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $189,900 Title Company Of Jersey
Bargain Sale Deed $254,000 The Title Company Of Jersey
Deed $84,900 --
Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,900 VA
Previous Owner $241,300 New Conventional
Previous Owner $50,000 No Value Available
Source: Public Records

Source: Cape May County Association of REALTORS®

MLS Number: 252265

Cape May County Association of REALTORS®

APN: 05-00671-0000-00006