706 Rte 9thCape May Court House, NJ 08210

  • Retail properties
  • 1.48 AC
Off market
$14,827,870 Estimated

Property Details for 706 Rte 9th

Year built
1885
Lot size
1.48 AC
Zone code
TB
Property type
Retail properties
Property subtype
Retail space
APN
06 00333-0000-00011
APU
600333000000011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,399,760
    6.5%
    $25,292,086
    7%
    $23,485,508
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,227,270
    Geo Method
    $21,227,270
  • Alternative Use

    Use
    Valuation
    Residential
    $21,334,820
    Hospitality
    $19,542,582
    Educational
    $16,259,198
    Medical
    $16,818,376
    Retail
    $25,292,086
706 Rte 9th, Cape May Court House, New Jersey

Location Insight

City
Cape May Court House
County
Cape May
State
New Jersey
Latitude
39.0698
Longitude
-74.8299
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
2022
$9,715
$318,200
$168,300
$486,500
-
$318,200
$168,300
$486,500

FAQs

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