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405 Rte 47 S

Cape May County

Estimated market value

$4,865,142

moderate confidence

range $4,140,633 – $5,600,214

Assessment-implied: $2,213,138; Equalization ratio 0.6409 (2025)
Comp-implied: $435,000; 9 comparable sales

Based on 9 comparable sales

Address	Sold	Price
507 Shunpike	8/30/2024	$815,000
20 Fulling Mill Rd	5/14/2024	$465,000
231 Indian Trail	4/24/2024	$435,000
231 Indian Trail	4/18/2024	$139,001
507 Shunpike	3/25/2024	$133,000
507 Shunpike	11/14/2023	$760,000
507 Shunpike	8/1/2023	$193,900
507 Shunpike	7/26/2023	$195,000
507 Shunpike	5/25/2023	$190,000

Last sale

$6,250,000

10/16/2020

142 other properties share this owner's mailing address.View portfolio →

Property

Type

Residential

Tax class

Residential

Year built

1997

Building size

2,627 sq ft

Lot size

90.96 ac

Land description

90.96AC

Building description

2S-F-AG

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,418,400

Land value

$1,241,000

Improvement value

$177,400

Last year's tax

$32,368

Sale on tax record

$6,250,000

Deed date

10/16/2020

Zoning

VCRC· Mixed-use

Typically allows a mix of homes and businesses on the same parcel.

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Owner name and mailing address are available on Pro.

Sales history

10/16/2020$6,250,000
Bk 3940 / Pg 739
12/18/1998$250,000
Bk 2785 / Pg 405
10/8/1982$85,000

Date	Price	Book / Page
10/16/2020	$6,250,000	3940 / 739
12/18/1998	$250,000	2785 / 405
10/8/1982	$85,000	—

Deeds

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Properties on Rte 47 S

Properties on Block 389

Frequently asked

When was 405 Rte 47 S, Cape May, NJ last sold?: 405 Rte 47 S, Cape May, NJ last sold in 2020 for $6,250,000.
What is the assessed value of 405 Rte 47 S, Cape May, NJ?: 405 Rte 47 S, Cape May, NJ is assessed at $1,418,400 (land plus improvements).
What is 405 Rte 47 S, Cape May, NJ worth?: Our model estimates 405 Rte 47 S, Cape May, NJ at $4,865,142, based on comparable recorded sales nearby.
How many units does 405 Rte 47 S, Cape May, NJ have?: 405 Rte 47 S, Cape May, NJ has 1 dwelling unit on record.
What kind of property is 405 Rte 47 S, Cape May, NJ?: It is a Residential Property.

Parcel ID0506·block 389·lot 23