7 Cormorant Way Cape May, NJ 08204
Estimated Value: $460,229 - $635,000
--
Bed
--
Bath
1,267
Sq Ft
$423/Sq Ft
Est. Value
About This Home
This home is located at 7 Cormorant Way, Cape May, NJ 08204 and is currently estimated at $536,057, approximately $423 per square foot. 7 Cormorant Way is a home located in Cape May County with nearby schools including David C. Douglass Veterans Memorial School, Carl T. Mitnick School, and Maud Abrams School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 20, 1999
Sold by
Farrell Ralph
Bought by
Faver Robert M and Faver Barbara
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Outstanding Balance
$29,720
Interest Rate
7.53%
Estimated Equity
$506,337
Purchase Details
Closed on
Jul 1, 1999
Sold by
T & C Beads Inc
Bought by
Farrell Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Outstanding Balance
$29,720
Interest Rate
7.53%
Estimated Equity
$506,337
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faver Robert M | $116,050 | -- | |
| Farrell Ralph | $30,650 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faver Robert M | $104,400 | |
| Previous Owner | Farrell Ralph | $87,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,779 | $236,100 | $112,800 | $123,300 |
| 2024 | $4,779 | $236,100 | $112,800 | $123,300 |
| 2023 | $4,703 | $236,100 | $112,800 | $123,300 |
| 2022 | $4,564 | $236,100 | $112,800 | $123,300 |
| 2021 | $4,076 | $236,100 | $112,800 | $123,300 |
| 2020 | $4,349 | $236,100 | $112,800 | $123,300 |
| 2019 | $4,245 | $236,100 | $112,800 | $123,300 |
| 2018 | $4,148 | $236,100 | $112,800 | $123,300 |
| 2017 | $4,148 | $236,100 | $112,800 | $123,300 |
| 2016 | $4,092 | $236,100 | $112,800 | $123,300 |
| 2015 | $3,962 | $236,100 | $112,800 | $123,300 |
| 2014 | $3,818 | $236,100 | $112,800 | $123,300 |
Source: Public Records
Map
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