$563,400 EMV

1,157 Sq. Ft.
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Missouri Ave
Cape May, NJ 08204


This is located at Missouri Ave, Cape May, NJ 08204. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has , 1,157 sqft of living space.
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Status: Inactive
Listing ID: 61072606
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Learn about Missouri Ave in Cape May, NJ

This property is available as a foreclosure at Missouri Ave. Based on our analysis of the current market conditions in Cape May for Missouri Ave and comparable listings, the estimated market value is $563,400. If purchased for rental purposes, the monthly rental rate could range between $1,241 and $1,860. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Missouri Ave are updated daily along with others in Cape May, New Jersey.

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Property Information

  • Living Area Size: 1,157
  • Year Built: 1986
  • Source ID: 22223141
  • Day(s) On Site: 172
  • Owner Name: Santander Bank Na
  • Case Number: F01269622
  • Input Date: 09-20-2023

Public Records

  • No. of Stories: 1
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 5,248
  • Year Built: 1986
  • APN: 02-01157-0000-00027
  • Property Type: Single Family Residence
  • Township: CAPE MAY CITY
  • Front Footage: 42
  • Depth Footage: 125
  • Living Sqft: 1,157
  • Garage: ATTACHED


The property located at Missouri Ave in Cape May, NJ is listed as a Foreclosure

Properties like Missouri Ave in Cape May, New Jersey listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Cape May, NJ. The longer lenders own properties like this on Missouri Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Missouri Ave located in Cape May, NJ is $1,550/month. Comparable homes around Missouri Ave that are rentals have monthly ranges starting as low as $1,241 per month and as high as $1,860 per month. An owner looking to use this property as an investment could bring a return in the area of $1,241 - $1,860 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Missouri Ave
Cape May, NJ 08204

1,157 sq. ft.

$563,400 EMV

Status: Inactive Listing ID: 61072606

Property Information

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Public Records

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Property Description

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