What is the assessed value of 1059 Virginia Ave, Cape May City, NJ?

The total municipal assessment is $511,600 (land plus improvements).

What is 1059 Virginia Ave, Cape May City, NJ worth?

Our model estimates a market value of $1,013,513, derived from comparable recorded sales nearby.

How many units does 1059 Virginia Ave, Cape May City, NJ have?

Records show 1 dwelling unit at 1059 Virginia Ave, Cape May City, NJ.

What kind of property is 1059 Virginia Ave, Cape May City, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1982.

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1059 Virginia Ave, Cape May City, NJ — owner, sales, deeds · parceldata

1059 Virginia Ave

Cape May City, NJ·Cape May County

0502·block 1108·lot 44

$1,013,513estimated value

Last sale

6/15/1998 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1982

Building size

1,274 sq ft

Lot size

0.22 ac

Land description

75X125

Building description

1S-F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$511,600

Land value

$400,000

Improvement value

$111,600

Last year's tax

$5,592

Last MOD-IV sale

MOD-IV deed date

6/15/1998

Additional lots

L45-46

Owner mailing address

2 Ventana Way S Apt 704
Dallas, Tx 75225

Estimated market value

$1,013,513

range $901,290 – $1,207,239

high confidence

Assessment-implied: $1,006,492; Director's Ratio 0.5083 (2025)
Comp-implied: $1,015,854; 30 comparable sales

Estimated value, last 11 years

2016: $506,757 → 2026: $1,013,513

Based on 30 comparable sales

Address	Sold	Price
1132 Illinois Ave	12/5/2025	$960,000

Bordering

200-ft notice list →

1062 Illinois Ave
Lot 37·$553,400

Block 1108All of Block 1108 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "2 VENTANA WAY S APT 704 DALLAS TX 75225"
    ],
    "zipKeys": [
      "2 VENTANA WAY S APT 704 75225"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "0502_1108_44",
  "county_code": "05",
  "district_code": "02",
  "block": "1108",
  "lot": "44",
  "qualifier": "",
  "property_location": "1059 Virginia Ave",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1S-F",
  "land_desc": "75X125",
  "year_built": 1982,
  "living_sqft": 1274,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "40000000",
  "improvement_value_cents": "11160000",
  "net_value_cents": "51160000",
  "last_yr_tx_cents": "559179",
  "deed_date": "1998-06-15",
  "deed_book": "02768",
  "deed_page": "00199",
  "sale_price_cents": "0",
  "sales_code": "Z",
  "owner_mailing_street": "2 Ventana Way S Apt 704",
  "owner_mailing_city_state_zip": "Dallas, Tx 75225",
  "mun_name": "CAPE MAY CITY",
  "calc_acre": "0.215200",
  "add_lots1": "L45-46",
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.91145180167449,
  "centroid_lat": 38.938873861126396
}

SR1A

[
  {
    "id": "bf431c07-b597-4322-b927-25f8af2ab053",
    "property_id": "1c10f935-5d66-4517-800d-308b7cca7f1b",
    "county_code": "05",
    "district_code": "02",
    "block": "1108",
    "lot": "44",
    "qualifier": "",
    "deed_book": "2768",
    "deed_page": "199",
    "deed_date": "1998-06-15",
    "date_recorded": "1998-06-15",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "3f459fd1-e61c-4bd6-9347-fdd9de61e07c",
    "property_id": "1c10f935-5d66-4517-800d-308b7cca7f1b",
    "county_code": "05",
    "district_code": "02",
    "block": "1108",
    "lot": "44",
    "qualifier": "",
    "deed_book": "02768",
    "deed_page": "00199",
    "deed_date": "1998-06-15",
    "date_recorded": "1998-06-15",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "65ded3cd-391c-4d87-8234-f3e681b07234",
    "property_id": "1c10f935-5d66-4517-800d-308b7cca7f1b",
    "county_code": "05",
    "district_code": "02",
    "block": "1108",
    "lot": "44",
    "qualifier": "",
    "deed_book": "1512",
    "deed_page": "763",
    "deed_date": "1982-09-25",
    "date_recorded": "1982-09-25",
    "sale_price_cents": "7490000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 1059 Virginia Ave, Cape May City, NJ?: The total municipal assessment is $511,600 (land plus improvements).
What is 1059 Virginia Ave, Cape May City, NJ worth?: Our model estimates a market value of $1,013,513, derived from comparable recorded sales nearby.
How many units does 1059 Virginia Ave, Cape May City, NJ have?: Records show 1 dwelling unit at 1059 Virginia Ave, Cape May City, NJ.
What kind of property is 1059 Virginia Ave, Cape May City, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1982.

Sales history

6/15/1998$0
MOD-IV (Rutgers)Bk 2768 / Pg 199
6/15/1998$0
TaxDataHubBk 02768 / Pg 00199
9/25/1982$74,900
MOD-IV (Rutgers)Bk 1512 / Pg 763

Date	Price	Book / Page	Source
6/15/1998	$0	2768 / 199	MOD-IV (Rutgers)
6/15/1998	$0	02768 / 00199	TaxDataHub
9/25/1982	$74,900	1512 / 763	MOD-IV (Rutgers)