When was 1240 Illinois Ave, Cape May City, NJ last sold?

The most recent recorded sale was in 2009 for $1.

What is the assessed value of 1240 Illinois Ave, Cape May City, NJ?

The total municipal assessment is $346,100 (land plus improvements).

What is 1240 Illinois Ave, Cape May City, NJ worth?

Our model estimates a market value of $731,824, derived from comparable recorded sales nearby.

How many units does 1240 Illinois Ave, Cape May City, NJ have?

Records show 2 dwelling units at 1240 Illinois Ave, Cape May City, NJ.

What kind of property is 1240 Illinois Ave, Cape May City, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1975.

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1240 Illinois Ave, Cape May City, NJ — owner, sales, deeds · parceldata

1240 Illinois Ave

Cape May City, NJ·Cape May County

0502·block 1137·lot 9

$731,824estimated value

Units

from MOD-IV (2-char max)

Last sale

9/12/2009 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1975

Building size

832 sq ft

Lot size

0.11 ac

Land description

40X125

Building description

1S-F

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$346,100

Land value

$271,000

Improvement value

$75,100

Last year's tax

$3,783

Last MOD-IV sale

MOD-IV deed date

9/12/2009

Owner mailing address

733 Blue Heron Drive
Lancaster,Pa 01523

Estimated market value

$731,824

range $641,813 – $796,508

high confidence

Assessment-implied: $680,897; Director's Ratio 0.5083 (2025)
Comp-implied: $748,800; 30 comparable sales

Estimated value, last 11 years

2016: $365,912 → 2026: $731,824

Bordering

200-ft notice list →

1242 Illinois Ave
Lot 10·$512,800
1243 Virginia Ave
Lot 19·$374,200
1241 Virginia Ave
Lot 20·$414,200
1233 Virginia Ave
Lot 21·$431,600
1232 Illinois Ave
Lot 8·$371,500

Block 1137All of Block 1137 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "733 BLUE HERON DR LANCASTER PA 01523"
    ],
    "zipKeys": [
      "733 BLUE HERON DR 01523"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "0502_1137_9",
  "county_code": "05",
  "district_code": "02",
  "block": "1137",
  "lot": "9",
  "qualifier": "",
  "property_location": "1240 Illinois Ave",
  "property_class": "2",
  "bldg_class": "29",
  "bldg_desc": "1S-F",
  "land_desc": "40X125",
  "year_built": 1975,
  "living_sqft": 832,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "27100000",
  "improvement_value_cents": "7510000",
  "net_value_cents": "34610000",
  "last_yr_tx_cents": "378287",
  "deed_date": "2009-09-12",
  "deed_book": "03393",
  "deed_page": "00295",
  "sale_price_cents": "1",
  "sales_code": null,
  "owner_mailing_street": "733 Blue Heron Drive",
  "owner_mailing_city_state_zip": "Lancaster,Pa 01523",
  "mun_name": "CAPE MAY CITY",
  "calc_acre": "0.114800",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.90785933658664,
  "centroid_lat": 38.94045846960915
}

SR1A

[
  {
    "id": "ee5d0825-a2af-43d9-b4cd-c209ddb110cd",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": "3393",
    "deed_page": "295",
    "deed_date": "2009-09-12",
    "date_recorded": "2009-09-12",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "41ef38f7-00a4-4e11-ba53-747a16985d11",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": "03393",
    "deed_page": "00295",
    "deed_date": "2009-09-12",
    "date_recorded": "2009-09-12",
    "sale_price_cents": "1",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "4ed5b8a1-c2c0-45b4-8f2d-492f6c1d8350",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2008-02-21",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "86be2b59-d14d-4a13-a8c5-b028f025d79d",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": "3332",
    "deed_page": "986",
    "deed_date": "2008-02-21",
    "date_recorded": "2008-02-21",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f99a309b-9563-44a4-972d-19e090e31d13",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": "2906",
    "deed_page": "148",
    "deed_date": "2001-04-10",
    "date_recorded": "2001-04-10",
    "sale_price_cents": "14500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "e35f61a9-c0ed-4ef2-816f-49797952abc6",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2001-04-10",
    "sale_price_cents": "14500000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "901842be-b395-4d33-b3ca-d958a097de58",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1972-06-26",
    "sale_price_cents": "1840000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "14612af6-a861-4c04-b790-42d922694304",
    "property_id": "984fbedc-7fa9-4318-aa68-e27d37365340",
    "county_code": "05",
    "district_code": "02",
    "block": "1137",
    "lot": "9",
    "qualifier": "",
    "deed_book": "1284",
    "deed_page": "357",
    "deed_date": "1972-06-26",
    "date_recorded": "1972-06-26",
    "sale_price_cents": "1840000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 1240 Illinois Ave, Cape May City, NJ last sold?: The most recent recorded sale was in 2009 for $1.
What is the assessed value of 1240 Illinois Ave, Cape May City, NJ?: The total municipal assessment is $346,100 (land plus improvements).
What is 1240 Illinois Ave, Cape May City, NJ worth?: Our model estimates a market value of $731,824, derived from comparable recorded sales nearby.
How many units does 1240 Illinois Ave, Cape May City, NJ have?: Records show 2 dwelling units at 1240 Illinois Ave, Cape May City, NJ.
What kind of property is 1240 Illinois Ave, Cape May City, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1975.

Based on 30 comparable sales

Address	Sold	Price
1311B Vermont Ave	1/23/2026	$670,000
1243 Pennsylvania Ave	11/6/2025	$870,000
1330A Virginia Ave	10/22/2025	$675,000
1363 Pennsylvania Ave	10/16/2025	$975,000
1200 Pennsylvania Ave	10/10/2025	$365,000
1361C Illinois Ave	10/9/2025	$695,000
1105 Ohio Ave	10/1/2025	$1,125,000
1350A Virginia Ave	8/25/2025	$685,000
1331B Vermont Ave	8/21/2025	$715,000
1320D Wisconsin Ave	7/29/2025	$750,000
1330 Delaware Ave	6/24/2025	$850,000
1351A Virginia Ave	6/2/2025	$649,000
1111 Illinois Ave	4/25/2025	$850,000
1320D Virginia Ave	3/18/2025	$680,000
1330B Wisconsin Ave	3/12/2025	$660,000
1340B Illinois Ave	2/18/2025	$575,000
1340A Virginia Ave	2/4/2025	$560,000
1310C Illinois Ave	12/31/2024	$611,000
1311A Virginia Ave	12/3/2024	$670,000
1262 Delaware Ave	11/20/2024	$899,000
1162 Delaware Ave	11/13/2024	$925,000
1250 Ohio Ave	11/12/2024	$955,000
1321D Illinois Ave	9/16/2024	$645,000
1261 Illinois Ave	8/15/2024	$780,000
1141 Virginia Ave	8/13/2024	$500,000
1230 Pennsylvania Ave	7/22/2024	$801,000
1340C Pennsylvania Ave	5/29/2024	$600,000
1330D Wisconsin Ave	5/14/2024	$625,000
1320C Virginia Ave	5/6/2024	$652,000
1250 Pennsylvania Ave	4/3/2024	$822,000

Sales history

9/12/2009$1
MOD-IV (Rutgers)Bk 3393 / Pg 295
9/12/2009$0
TaxDataHubBk 03393 / Pg 00295
2/21/2008$1
TaxDataHub
2/21/2008$1
MOD-IV (Rutgers)Bk 3332 / Pg 986
4/10/2001$145,000
MOD-IV (Rutgers)Bk 2906 / Pg 148
4/10/2001$145,000
TaxDataHub
6/26/1972$18,400
TaxDataHub
6/26/1972$18,400
MOD-IV (Rutgers)Bk 1284 / Pg 357

Date	Price	Book / Page	Source
9/12/2009	$1	3393 / 295	MOD-IV (Rutgers)
9/12/2009	$0	03393 / 00295	TaxDataHub
2/21/2008	$1	—	TaxDataHub
2/21/2008	$1	3332 / 986	MOD-IV (Rutgers)
4/10/2001	$145,000	2906 / 148	MOD-IV (Rutgers)
4/10/2001	$145,000	—	TaxDataHub
6/26/1972	$18,400	—	TaxDataHub
6/26/1972	$18,400	1284 / 357	MOD-IV (Rutgers)