Cape May FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Cape May, New Jersey.

Total: 20
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
1
21 Photos
PACIFIC AVE Wildwood NJ 08260 Foreclosures 2 1 $229,900.00 Details
2
5 Photos
W HAND AVE Wildwood NJ 08260 Foreclosures 6 2 $244,900.00 Details
3
16 Photos
SEABOARD CIR UNIT B1 Wildwood NJ 08260 Foreclosures 3 2 $354,315.00 Details
4
3 Photos
E SPENCER AVE Wildwood NJ 08260 Foreclosures 3 2 $71,900.00 Details
5 -
0 Photo
E GLENWOOD AVE Wildwood NJ 08260 Foreclosures 2 2 $189,900.00 Details
6
1 Photo
AUSTIN AVE Wildwood NJ 08260 Foreclosures 2 2 $252,450.00 Details
7 -
0 Photo
E 22ND AVE # B2 Wildwood NJ 08260 Foreclosures 3 2 $299,900.00 Details
8
1 Photo
NEW JERSEY AVE UNIT 2 Wildwood NJ 08260 Foreclosures 2 1 $132,000.00 Details
9 -
0 Photo
PACIFIC AVE # 11 Wildwood NJ 08260 Foreclosures - - $349,900.00 Details
10 -
0 Photo
ILLINOIS AVE Wildwood NJ 08260 Foreclosures - - $253,111.00 Details
11
1 Photo
W SWEETBRIAR RD Wildwood NJ 08260 Foreclosures 3 2 - Details
12
1 Photo
ELLERY RD Villas NJ 08251 Foreclosures 2 3 $85,900.00 Details
13 -
0 Photo
MORRIS AVE Villas NJ 08251 Auctions 3 1 $95,000.00 Details
14 -
0 Photo
TOMLIN AVE Villas NJ 08251 Foreclosures 3 2 $90,000.00 Details
15
8 Photos
BAY ACRES DR Cape May Court House NJ 08210 Foreclosures 5 3 $449,900.00 Details
16
7 Photos
SAINT ANDREWS DR # C0055 Cape May Court House NJ 08210 Foreclosures 3 2.5 $265,900.00 Details
17
2 Photos
BENNYS LANDING RD Cape May Court House NJ 08210 Foreclosures 2 1 $180,000.00 Details
18
2 Photos
BAYBERRY DR Cape May Court House NJ 08210 Foreclosures 3 2 - Details
19
8 Photos
KNEASS AVE Sea Isle City NJ 08243 Foreclosures 4 3 $699,900.00 Details
20
1 Photo
JACKSON AVE Woodbine NJ 08270 Foreclosures 3 1.5 $89,900.00 Details
About our Listings

How to Buy Cape May Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Cape May, NJ starts with finding listings. By browsing Cape May foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Cape May, NJ.

>> See more info about how to Buy foreclosures

How to Invest in Cape May Foreclosures

How to invest foreclosure

Cape May foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Cape May real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Cape May foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Cape May foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Cape May

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Cape May will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Cape May, NJ. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Cape May apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

New Jersey Foreclosure Laws

Foreclosure law

In the state of New Jersey, real estate foreclosures are judicial foreclosures, meaning that distressed properties in New Jersey are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become New Jersey REO properties.

Cape May Banks Foreclosures

Bank Foreclosure

Cape May bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Cape May, NJ are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Cape May bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Cape May New Jersey to be similar to buying from an agent. Check our Cape May bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Cape May Government Foreclosures

Government Foreclosure

Cape May Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Cape May NJ are another popular type of foreclosure, as are VA foreclosures in Cape May, which are available from the Veterans Affairs Department for especially great deals. Check our Cape May government foreclosure listings.

>> See more info about govermment foreclosures

Cape May Pre-Foreclosures

Foreclosure

PreForeclosures in Cape May are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Cape May Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Cape May Foreclosure Auctions

Foreclosure Auction

Most Cape May foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Cape May, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Cape May, NJ. We offer a comprehensive Cape May foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Cape May, New Jersey

Find Home Foreclosure Listings in Cape May, NJ

Cape May foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Cape May, NJ and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Cape May New Jersey, best affordable foreclosure condo in Cape May, cheap apartments for sale, bargain foreclosed homes for sale in Cape May, NJ and earn huge savings on the homes YOU want to buy!

Our Cape May Foreclosure Lists

You can find Cape May foreclosure homes for sale which you can buy for living or investment. Simply click through our Cape May foreclosure home listings to find government foreclosures and bank owned homes in Cape May area. If you're searching for a deep discount or low prices on real estate then searching our Cape May foreclosure lists for homes foreclosure for sale or short sale listing in Cape May is your answer. Our up-to-date Cape May short sale listings provide the latest investing opportunities on affordable Cape May bank owned property listings, government pre foreclosure lists, Cape May banrkuptcy homes and Cape May HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Cape May, you should have little trouble finding the cheapest deal on a foreclosed home in Cape May, New Jersey.

You can also search Cape May Court House foreclosure listings and Ocean City foreclosure listings for more properties in the neighboring area.



Cape May, NJ

As of 2011, Cape May's population is 3,703 people. Since 2000, it has had a population growth of -8. 21 percent. The median home cost in Cape May is $516,100. Home appreciation the last year has been -2. 69 percent. Compared to the rest of the country, Cape May's cost of living is 65. 00% Higher than the U. S. average. Cape May public schools spend $7,134 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 7 students per teacher in Cape May. The unemployment rate in Cape May is 15. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Cape May jobs have Increased by 1. 92 percent. Average Commute time is 18 minutes. The National Average is 28 minutes.

Peoplecape-may, njUS
Population3,703307,829,557
Pop Density1,49587
Pop Change-8.21%9.34%
Median Age45.736.6
Households1,656116,329,167
Household Size22.58
Male Population50.42%49.31%
Female Population49.58%50.69%
Married Population56.67%47.15%
Single Population43.33%52.85%
Estimated Households By Household Incomecape-may, njUS
Income Less Than 15k13.90%12.10%
Income Between 15k And 25k14.32%10.18%
Income Between 25k And 35k13.23%10.56%
Income Between 35k And 50k17.23%14.98%
Income Between 50k And 75k16.87%19.53%
Income Between 75k And 100k7.65%12.52%
Income Between 100k And 150k8.80%12.14%
Income Between 150k And 250k2.12%3.91%
Income Between 250k And 500k5.16%3.34%
Income Greater Than 500k0.73%0.75%
Economycape-may, njUS
Unemployment Rate15.90%9.10%
Recent Job Growth1.92%-0.12%
Future Job Growth27.94%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income Per Cap$31,088$27,067
Household Income$42,277$52,954
Housingcape-may, njUS
Median Home Age44.435.1
Median Home Cost$516,100$175,100
Home Appreciation-2.69%-3.15%
Homes Owned23.78%59.90%
Housing Vacant58.70%10.37%
Homes Rented17.52%29.73%
Property Tax Rate$17.71$11.20
Owner Occupied Housing Units By Valuecape-may, njUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.00%4.99%
60k To 799990.74%6.01%
80k To 999990.00%7.27%
100k To 1499991.48%19.24%
150k To 1999993.16%14.67%
200k To 29999912.64%18.09%
300k To 39999917.28%9.14%
400k To 49999918.34%4.94%
500k To 74999922.87%5.42%
750k To 99999911.80%2.03%
1kk Or More11.70%1.77%
Educationcape-may, njUS
School Expend$7,134$5,678
Pupil Teacher Ratio11.714.9
Students Per Librarian764803
Students Per Counselor398513
2 Yr College Grad7.62%7.47%
4 Yr College Grad22.12%17.42%
Graduate Degrees13.87%10.12%
High School Grads93.04%84.72%
Crimecape-may, njUS
Violent Crime24
Property Crime74
Housing Units By Year Structure Builtcape-may, njUS
1999 To 20054.39%13.71%
1995 To 19982.46%8.54%
1990 To 19942.15%5.77%
1980 To 198919.40%13.87%
1970 To 197916.99%16.17%
1960 To 196911.58%11.70%
1950 To 19599.65%11.08%
1940 To 19493.78%6.02%
1939 Or Earlier29.60%13.15%

Table Information