206 Mechanic Street

206 Mechanic Street has been categorized by the local assessors in Cape May Court House, NJ as a commercial type of property. The building on the property was first built in 1930 and is 94 years old. The linear feet between the front and back of the lot is 1,110 ft and across the front of the lot is 360 ft. The area measurement of the land has been determined as 3,994 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 206 Mechanic Street was last sold in Oct 10, 2009 for $197,500. According to our calculations, that's $164.58 per sqft. Current property owners are expected to pay $5,080 in taxes per year. The property on 206 Mechanic Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $247,100. To break that down further, the land itself was valued at $125,000. While improvements to the property were assessed at a total of $122,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.