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    Property profile & analytics

    108 Main St Cape May Court House, NJ 08210-2190

    • Office buildings
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Sep 09, 2021
    $440,000
    Location Intelligence
    Property ID
    US59-1267764
    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.

    Current Use by Public Records

    • Dr. Michael S. Krachman, MD / Gastroenterologist
    • SMC Physicians - Cape May, NJ / Medical Group
    • Twin Boro Physical Therapy | Cape May Court House, NJ / Physical Therapist / Physical Therapy Clinic
    • Ognibene Lawrence DO / Gastroenterologist / Internist
    • Paul Ljubich, MD, FACP / Gastroenterologist / Internist

    Property Details for 108 Main St

    Year built
    1981
    Lot size
    0.71 lot acres
    Zone code
    TB
    Property type
    Office buildings
    APN
    06 00226- 04-00003
    APU
    6002260400003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $415,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $430,000
      Mixed-Use
      $425,000
      Hospitality
      $395,000
      Educational
      $355,000
      Residential Income
      $390,000
      Energy
      $480,000
      Income-Based Land
      $370,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape May Court House
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.8209
    Latitude
    39.085
    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
    $12,751
    $350,000
    $288,500
    $638,500
    -
    $350,000
    $288,500
    $638,500

    Comparable in this City

    • Value Estimation by Request
      7.67 Acres

      420 Rte 9th N

      OFFICE BUILDING • 7.67 Acres
      420 Rte 9th N, Cape May Court House, NJ 08210-1952
      View Details
    • Value Estimation by Request
      17.58 Acres

      1708 Rte 9th N

      OFFICE BUILDING • 17.58 Acres
      1708 Rte 9th N, Cape May Court House, NJ 08210-1419
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    • Value Estimation by Request
      0.82 Acres

      11 Vlg Dr

      OFFICE BUILDING • 0.82 Acres
      11 Vlg Dr, Cape May Court House, NJ 08210-1939
      View Details
    • Value Estimation
      $285,000
      0.17 Acres

      311 Main St

      OFFICE BUILDING • 0.17 Acres
      311 Main St, Cape May Court House, NJ 08210-2324
      View Details
    • Value Estimation by Request
      2.64 Acres

      601 Rte 9th Sb

      OFFICE BUILDING • 2.64 Acres
      601 Rte 9th Sb, Cape May Court House, NJ 08210-2349
      View Details
    • Value Estimation
      $365,000
      0.63 Acres

      108 Ct House S Dennis Rd

      OFFICE BUILDING • 0.63 Acres
      108 Ct House S Dennis Rd, Cape May Court House, NJ 08210-1971
      View Details

    Similar Nearby for Sale

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      1.28 Acres

      Cape May Commercial Investment Opportunity

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      Turn-Key Professional Office Building

      Strategically located, furnished office building in downtown Cape May Court House.
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    • $389,000
      Pending

      Medical/Professional Building Near Hospitals

      Turn-key medical/professional building near AtlantiCare and Cape Regional Hospital.
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    • Contact for pricing
      Pending

      Medical/Professional Building Near Hospitals

      Turn-key medical/professional building with versatile floorplan and excellent signage.
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    Similar Nearby for Lease

    • $28 SF/Yr
      3,500 SF

      Land Available For Lease

      Land for lease, 3500 square feet, great location.
      15 Avalon Blvd, Cape May Court House, NJ 08210
      View Details
    • $3,229 /Mo
      1,550 SF

      Retail Space in High-Traffic Area

      Retail space in Cape May Court House, 1,550 sq ft.
      210 N Main St, Cape May Court House, NJ 08210
      View Details
    • Contact for pricing

      Route 9 Frontage Available

      Prime location with high visibility and ample parking.
      1173 Route 9 S, Cape May Court House, NJ 08210
      View Details
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    108 Main St
    Cape May Court House, NJ 08210-2190
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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