716 Gorham Ave Cape May, NJ 08204
Lower AreaEstimated payment $3,515/month
About This Home
Welcome to this beautifully updated 2-bedroom, 1-bath ranch home tucked within one of North Cape May’s most desirable bay area communities! Whether you're searching for a year-round residence, the perfect shore getaway, or a lucrative Airbnb investment, this charming property offers endless possibilities. Step inside to find a spacious living room, formal dining room, and a large kitchen with plenty of room for cooking and entertaining. Two generously sized bedrooms and a full bathroom provide comfortable living, while the designated laundry area adds everyday convenience. The backyard is designed for relaxation and fun, featuring a lovely sitting deck, a large and beautifully maintained above-ground pool, a hot tub, and a storage shed. It's the perfect space to unwind after a day at the beach or entertain family and friends all summer long. Located just minutes from everything Cape May County has to offer. This move-in-ready home is a rare opportunity and won't last long! Schedule a showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,200
Year Built
- Built in 1962
Home Design
- 990 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 14 / 689
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,310 | $163,200 | $105,600 | $57,600 |
| 2025 | $3,310 | $163,200 | $105,600 | $57,600 |
| 2024 | $3,310 | $163,200 | $105,600 | $57,600 |
| 2023 | $3,262 | $163,200 | $105,600 | $57,600 |
| 2022 | $3,163 | $163,200 | $105,600 | $57,600 |
| 2021 | $3,068 | $163,200 | $105,600 | $57,600 |
| 2020 | $3,019 | $163,200 | $105,600 | $57,600 |
| 2019 | $2,944 | $163,200 | $105,600 | $57,600 |
| 2018 | $2,874 | $163,200 | $105,600 | $57,600 |
| 2017 | $2,904 | $164,700 | $105,600 | $59,100 |
| 2016 | $2,859 | $164,700 | $105,600 | $59,100 |
| 2015 | $2,767 | $164,700 | $105,600 | $59,100 |
| 2014 | $2,676 | $164,700 | $105,600 | $59,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/14/2026 07/14/26 | Price Changed | $589,900 | -1.7% | $596 / Sq Ft | |
| 06/14/2026 06/14/26 | For Sale | $599,999 | +81.8% | $606 / Sq Ft | |
| 07/31/2025 07/31/25 | Sold | $330,000 | 0.0% | $333 / Sq Ft | View Prior Sale |
| 07/31/2025 07/31/25 | Sold | $330,000 | -19.5% | -- | View Prior Sale |
| 06/24/2025 06/24/25 | Pending | -- | -- | -- | |
| 06/08/2025 06/08/25 | Price Changed | $410,000 | 0.0% | -- | |
| 06/02/2025 06/02/25 | Price Changed | $410,000 | -10.9% | $414 / Sq Ft | |
| 05/28/2025 05/28/25 | Price Changed | $459,900 | +0.2% | -- | |
| 05/14/2025 05/14/25 | Price Changed | $459,000 | 0.0% | $464 / Sq Ft | |
| 05/13/2025 05/13/25 | Price Changed | $459,000 | -4.4% | -- | |
| 04/14/2025 04/14/25 | Price Changed | $479,900 | 0.0% | -- | |
| 04/14/2025 04/14/25 | Price Changed | $479,900 | -3.7% | $485 / Sq Ft | |
| 03/26/2025 03/26/25 | For Sale | $498,500 | 0.0% | $504 / Sq Ft | |
| 02/06/2025 02/06/25 | For Sale | $498,500 | +146.8% | -- | |
| 11/30/2017 11/30/17 | Sold | $202,000 | -4.7% | -- | View Prior Sale |
| 10/31/2017 10/31/17 | Pending | -- | -- | -- | |
| 07/26/2017 07/26/17 | For Sale | $212,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | Surety Title | |
| Deed | $202,000 | Surety Title Company | |
| Deed | $82,000 | -- | |
| Deed | $82,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $204,040 | New Conventional |
Source: Cape May County Association of REALTORS®
MLS Number: 261615
APN: 05-00689-0000-00014
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.
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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