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    Property profile & analytics

    650 Town Bank Rd Cape May, NJ 08204-4417

    • Office buildings
    • 3.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US59-1599612
    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

    • Office buildings

    Property Details for 650 Town Bank Rd

    Lot size
    3.26 lot acres
    Zone code
    R-2
    Property type
    Office buildings
    APN
    05 00741- 03-00028- 09
    APU
    500741030002809

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cape May
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.9347
    Latitude
    38.977
    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
    2023
    $24,988
    $263,100
    $986,900
    $1,250,000
    -
    $263,100
    $986,900
    $1,250,000

    Comparable in this City

    • Value Estimation by Request
      1,131 SF

      122 Sunset Blvd

      OFFICE BUILDING • 1,131 SF
      122 Sunset Blvd, Cape May, NJ 08204-4155
      View Details
    • Value Estimation
      $305,000
      1,200 SF

      3821 Bayshore Rd

      OFFICE BUILDING • 1,200 SF
      3821 Bayshore Rd, Cape May, NJ 08204-3207
      View Details
    • Value Estimation
      $710,000
      0.45 Acres

      124 Sunset Blvd, Unit 2

      OFFICE BUILDING • 0.45 Acres
      124 Sunset Blvd, Cape May, NJ 08204-4155
      View Details
    • Value Estimation
      $355,000
      1.07 Acres

      3849 Bayshore Rd

      OFFICE BUILDING • 1.07 Acres
      3849 Bayshore Rd, North Cape May, NJ 08204-3207
      View Details
    • Value Estimation
      $445,000
      0.24 Acres

      109 2nd Ave

      OFFICE BUILDING • 0.24 Acres
      109 2nd Ave, Cape May, NJ 08204
      View Details
    • Value Estimation
      $305,000
      2,002 SF

      1246 Rte 109

      OFFICE BUILDING • 2,002 SF
      1246 Rte 109, Cape May, NJ 08204-5266
      View Details

    Similar Nearby for Sale

    • $499,900

      Prime Cape May Commercial Duplex

      Commercial duplex in prime location with business potential.
      3802 Bayshore Rd Rd, Cape May, NJ 08204
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    • $1,300,000
      5,000 SF

      Versatile Commercial Space in Cape May

      Adaptable commercial space licensed for warehouse, office, and bakery use.
      525 Elmira St, Cape May, NJ 08204
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    • $499,900
      2,000 SF

      Prime Commercial Duplex in Cape May

      Commercial duplex in a prime location with endless possibilities.
      3802 Bayshore, North Cape May, NJ 08204
      View Details
    • $1,300,000
      4,800 SF

      Cape May Commercial/Industrial Opportunity

      4,800 SF commercial warehouse with office space on 18,000 SF lot.
      525 Elmira St, Cape May, NJ 08204
      View Details
    • $1,000,000
      8.17 Acres

      Beach Property in Cape May

      8.17 acres of prime beach property in Cape May.
      610 Beach Ave, Cape May, NJ 08204
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    • $999,000
      2,690 SF

      Unique Mixed-Use Property Near Cape May

      Two-story building near Historic Cold Spring Village with flexible commercial/residential use.
      742 Seashore, Cold Spring, NJ 08204
      View Details
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    650 Town Bank Rd
    Cape May, NJ 08204-4417
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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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