NOT LISTED FOR SALE

603 Gorham Ave Cape May, NJ 08204

Estimated Value: $380,000 - $431,078

2 Beds
1 Bath
560 Sq Ft
$729/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $316,000 $564 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,476/month

11 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Patio
  • Cottage
  • Interior Lot
  • Living Room

About This Home

As of October 2023

This home is located at 603 Gorham Ave, Cape May, NJ 08204 since 28 August 2023 and is currently estimated at $408,020, approximately $728 per square foot. This property was built in 1951. 603 Gorham 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.

Last Agent to Sell the Property

Joanne C. Cavalier

FARRELL REALTY Listed on: 08/28/2023

Co-Listed By

Christina Cavalier

FARRELL REALTY

Last Buyer's Agent

Joseph Gilmartin

CENTURY 21 GILMARTIN & CO

CENTURY 21 GILMARTIN & CO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 75 x 100
  • Interior Lot

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • 560 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 12 / 672

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Mainland
  • District Township: 05-Lower Township
  • Estimated Year Built: 1951
  • New Construction: No
  • Second Address Number: 603
  • Listing Office2: 28
  • Lot Size2: 75 x 100
  • Price per Sq Ft: 564.29
  • Selling Agent1: 282
  • Selling Office1: 47
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Smoke/Fire Alarm
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 560
  • Other Rooms: Living Room, Eat-In-Kitchen, Storage Attic

Exterior Features

  • Construction: Cottage
  • Exterior: Asbestos
  • Frontage: 75
  • House Color: white
  • Outside Features: Patio, Storage Building, Sidewalks

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Gas Natural
  • Hot Water: Electric, On Demand
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 12
  • Lot Size: 6001-10000 SqFt
  • Zoning: res

Tax Info

  • Taxes: 2903.12
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 31, 2023
Sold by
Todd Joseph S and Todd Kathleen M
Bought by
Wadlow James Morgan and Wadlow Amy
Seller's Agent
Joanne C. Cavalier
FARRELL REALTY
Buyer's Agent
Joseph Gilmartin
CENTURY 21 GILMARTIN & CO
List Price
$314,900
Sold Price
$316,000
Premium/Discount to List
$1,100
0.35%
Views
182
Current Estimated Value
$408,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,020
Avg. Annual Appreciation
15.68%
Original Mortgage
$236,000
Outstanding Balance
$232,676
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$178,075

Purchase Details

Closed on
Dec 10, 2003
Sold by
Rampson Kathryn A
Bought by
Todd Joseph S and Todd Kathleen M
Source: Public Records

Range of Values:

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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
Wadlow James Morgan $316,000 None Listed On Document
Todd Joseph S $155,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadlow James Morgan $236,000
Previous Owner Todd Joseph $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $316,000 +0.3% $564 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $314,900 -- $562 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $3,038 $149,800 $120,000 $29,800
2024 $3,038 $149,800 $120,000 $29,800
2023 $2,995 $149,800 $120,000 $29,800
2022 $2,903 $149,800 $120,000 $29,800
2021 $2,816 $149,800 $120,000 $29,800
2020 $2,771 $149,800 $120,000 $29,800
2019 $2,702 $149,800 $120,000 $29,800
2018 $2,638 $149,800 $120,000 $29,800
2017 $2,641 $149,800 $120,000 $29,800
2016 $2,601 $149,800 $120,000 $29,800
2015 $2,517 $149,800 $120,000 $29,800
2014 $2,434 $149,800 $120,000 $29,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joanne C. Cavalier

    FARRELL REALTY

    (609) 675-0247

    13 in this area

    18 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Christina Cavalier

    FARRELL REALTY

  • J

    Buyer's Agent in 2023

    Joseph Gilmartin

    CENTURY 21 GILMARTIN & CO

    (609) 892-4567

    16 in this area

    37 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232314

Cape May County Association of REALTORS®

APN: 05-00672-0000-00012

New Jersey Cape May County Cape May 08204

603 Gorham Ave, Cape May, NJ

This home is located at 603 Gorham Ave, Cape May, NJ 08204 since 28 August 2023 and is currently estimated at $408,020, approximately $728 per square foot. This property was built in 1951. 603 Gorham 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.

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.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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