When was 318 Ocean Ave, Cape May Point Boro, NJ last sold?

The most recent recorded sale was in 1995 for $120,000.

What is the assessed value of 318 Ocean Ave, Cape May Point Boro, NJ?

The total municipal assessment is $465,700 (land plus improvements).

What is 318 Ocean Ave, Cape May Point Boro, NJ worth?

Our model estimates a market value of $1,091,961, derived from comparable recorded sales nearby.

How many units does 318 Ocean Ave, Cape May Point Boro, NJ have?

Records show 2 dwelling units at 318 Ocean Ave, Cape May Point Boro, NJ.

What kind of property is 318 Ocean Ave, Cape May Point Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1929.

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318 Ocean Ave, Cape May Point Boro, NJ — owner, sales, deeds · parceldata

318 Ocean Ave

Cape May Point Boro, NJ·Cape May County

0503·block 13·lot 2.02

$1,091,961estimated value

Units

from MOD-IV (2-char max)

Last sale

$120,000

2/23/1995 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1929

Building size

916 sq ft

Lot size

0.00 ac

Land description

41X81 IRR

Building description

1.5S-F-F

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$465,700

Land value

$378,900

Improvement value

$86,800

Last year's tax

$3,567

Last MOD-IV sale

$1,200

MOD-IV deed date

2/23/1995

Owner mailing address

606 Elm Ave
Swarthmore, Pa 19081

Estimated market value

$1,091,961

range $1,048,438 – $1,426,377

low confidence

Assessment-implied: $870,467; Director's Ratio 0.5350 (2025)
Comp-implied: $1,202,708; 7 comparable sales

Estimated value, last 10 years

2016: $591,654 → 2025: $1,091,961

Based on 7 comparable sales

Address	Sold	Price
408 Princeton Ave	9/30/2025	$1,326,130
515 Lighthouse Ave	6/16/2025	$1,950,000

Bordering

200-ft notice list →

315 Cape Ave
Lot 1.02·$652,300
311 Cape Ave
Lot 20.01·$690,600
316 Ocean Ave
Lot 3·$565,800

Block 13All of Block 13 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "606 ELM AVE SWARTHMORE PA 19081"
    ],
    "zipKeys": [
      "606 ELM AVE 19081"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "0503_13_2.02",
  "county_code": "05",
  "district_code": "03",
  "block": "13",
  "lot": "2.02",
  "qualifier": "",
  "property_location": "318 Ocean Ave",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5S-F-F",
  "land_desc": "41X81 IRR",
  "year_built": 1929,
  "living_sqft": 916,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "37890000",
  "improvement_value_cents": "8680000",
  "net_value_cents": "46570000",
  "last_yr_tx_cents": "356726",
  "deed_date": "1995-02-23",
  "deed_book": "02558",
  "deed_page": "00020",
  "sale_price_cents": "120000",
  "sales_code": "Z",
  "owner_mailing_street": "606 Elm Ave",
  "owner_mailing_city_state_zip": "Swarthmore, Pa 19081",
  "mun_name": "CAPE MAY POINT BORO",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": "OBB L2-S",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.96691712257811,
  "centroid_lat": 38.93699938987345
}

SR1A

[
  {
    "id": "3becd51d-7ffd-4747-9080-675d140fbd6c",
    "property_id": "55c774cd-e32c-4069-b0c7-fe200f6bab55",
    "county_code": "05",
    "district_code": "03",
    "block": "13",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "2558",
    "deed_page": "20",
    "deed_date": "1995-02-23",
    "date_recorded": "1995-02-23",
    "sale_price_cents": "12000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "fc4a8afb-d8c4-427d-98a2-17a86e2116c7",
    "property_id": "55c774cd-e32c-4069-b0c7-fe200f6bab55",
    "county_code": "05",
    "district_code": "03",
    "block": "13",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "02558",
    "deed_page": "00020",
    "deed_date": "1995-02-23",
    "date_recorded": "1995-02-23",
    "sale_price_cents": "120000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 318 Ocean Ave, Cape May Point Boro, NJ last sold?: The most recent recorded sale was in 1995 for $120,000.
What is the assessed value of 318 Ocean Ave, Cape May Point Boro, NJ?: The total municipal assessment is $465,700 (land plus improvements).
What is 318 Ocean Ave, Cape May Point Boro, NJ worth?: Our model estimates a market value of $1,091,961, derived from comparable recorded sales nearby.
How many units does 318 Ocean Ave, Cape May Point Boro, NJ have?: Records show 2 dwelling units at 318 Ocean Ave, Cape May Point Boro, NJ.
What kind of property is 318 Ocean Ave, Cape May Point Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1929.

Sales history

2/23/1995$120,000
MOD-IV (Rutgers)Bk 2558 / Pg 20
2/23/1995$1,200
TaxDataHubBk 02558 / Pg 00020

Date	Price	Book / Page	Source
2/23/1995	$120,000	2558 / 20	MOD-IV (Rutgers)
2/23/1995	$1,200	02558 / 00020	TaxDataHub