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    1033 Bch Ave Cape May, NJ 08204-1613
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    Property profile & analytics

    1033 Bch Ave, Cape May, NJ 08204-1613

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    • Commercial real estate
    • 30,126 SF
    • 0.86 lot acres
    Off-Market
    Last Sale Sep 13, 2022
    $6,575,000
    Property ID
    US59-1579018
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,775,000
    Show details
    Cap Rate Potential
    2.5%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1033 Bch Ave

    Construction
    CONCRETE BLOCKS
    Lot size
    0.86 lot acres
    Zone code
    C-3
    Property type
    Commercial real estate
    APN
    02 01101-0000-00001
    APU
    201101000000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 13, 2022 $6,575,000 Mahalo Cape May LLC Jpr Enteprrises INC Deed $11.5M · Republic First Bank
    Jan 28, 2020 — Jpr Ents INC — Deed Of Trust · related $200k · Sturdy Svgs Bk
    Feb 1, 2019 — Jpr Ents INC — Deed · related $1.2M · Sturdy Svgs Bk
    Mar 12, 2015 — Jpr Ents INC — Trustees Deed · related $100k · Sturdy Svgs Bk
    — — Jpr Ents INC — Deed Of Trust · related $1.2M · Sturdy Svgs Bk
    — — Jpr Ents INC — Deed Of Trust · related $60k · Sturdy Savings Bank
    — — Jpr Ents INC — Loan Modification · related —
    — — Jpr Entse INC — Loan Modification · related —
    — — Jpr Ents INC — Deed Of Trust · related $450k · Sturdy Svgs Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,505,000
      6.5%
      $4,155,000
      7%
      $3,860,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,808,000
      Market price range: $5.81M - $13.7M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $8,780,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cape May
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.9108
    Latitude
    38.9322
    CBSA code
    36140
    CBSA name
    OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $68,112
    $5,093,700
    $1,506,300
    $6,600,000
    -
    $5,093,700
    $1,506,300
    $6,600,000
    More about this property
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