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Single Family ResidenceResidential
$1,236,634$852 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $47,500 on Jun 7, 1994

5 COMMONWEALTH AVE

STRATHMERE, NJ 08248
0
Baths
1,452 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1997
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.2M
$1.1M low$1.4M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$47,500 · Jun 7, 1994

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$11,929 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$537,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$394,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$143,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$537,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$537,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.24
100
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
4
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
20
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.84 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.89%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCAPE MAY
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Upper Township Primary School
Elementary · Grades PK–2 · 4.9 mi
M
Upper Township Middle SchoolA-
Middle · Grades 6–8 · 6.0 mi
H
Ocean City High SchoolB
High · Grades 9–12 · 7.2 mi

District: Upper Township School District

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5 Commonwealth Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 73% of homes in Cape May County
  • Costs more per square foot than 72% of homes in Cape May County
  • Has a smaller lot than 70% of homes in Cape May County
  • Newer than 71% of homes in Cape May County

What homes are worth in ZIP 08248

Each bar is how many homes fall in that price range. The marker is this home.

This home
$539K$2.9M

This home is worth more than 41% of homes in ZIP 08248.

How it measures up in ZIP 08248

The dot is this home. The mark in the middle is the typical home in ZIP 08248.

Estimated value$1,236,634
CheaperTypical $1,377,102Pricier

Pricier than 41% of homes nearby

Price per ft²$852
CheaperTypical $852Pricier

Pricier than 50% of homes nearby

Living area1,452 ft²
SmallerTypical 1,693 ft²Bigger

Bigger than 40% of homes nearby

Lot size0.11 ac
SmallerTypical 0.13 acBigger

Bigger than 45% of homes nearby

Year built1997
OlderTypical 1960Newer

Newer than 70% of homes nearby

How 5 Commonwealth Ave ranks against every home in each area.
MeasureThis homeZIP 08248Cape May County
Estimated valuepricier than$1,236,63441% of homes73% of homes
Price per ft²pricier than$85250% of homes72% of homes
Living areabigger than1,452 ft²40% of homes49% of homes
Lot sizebigger than0.11 ac45% of homes30% of homes
Year builtnewer than199770% of homes71% of homes

About 5 Commonwealth Ave

How much is 5 Commonwealth Ave, Strathmere, NJ worth?

The TopHap Estimate for 5 Commonwealth Ave, Strathmere, NJ is $1,236,634 as of Sep 24, 2026. The likely range is $1,069,396 to $1,403,872. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5 Commonwealth Ave, Strathmere, NJ last sell?

5 Commonwealth Ave, Strathmere, NJ last sold on Jun 7, 1994 for $47,500, according to the county's recorded deed.

How big is 5 Commonwealth Ave, Strathmere, NJ?

5 Commonwealth Ave, Strathmere, NJ has 1,452 square feet of living space and a 0.12-acre lot.

When was 5 Commonwealth Ave, Strathmere, NJ built?

5 Commonwealth Ave, Strathmere, NJ was built in 1997, making it 29 years old. The building has 2 stories.

What schools serve 5 Commonwealth Ave, Strathmere, NJ?

5 Commonwealth Ave, Strathmere, NJ is assigned to Upper Township Primary School (elementary); Upper Township Middle School (middle), rated A-; Ocean City High School (high), rated B. All sit in Upper Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5 Commonwealth Ave, Strathmere, NJ compare to other homes in ZIP 08248?

Among the 488 homes in ZIP 08248, it is worth more than 41% of them ($1,236,634 against a typical $1,377,102), its price per square foot is higher than 50% of them ($852 against a typical $852), it is bigger than 40% of them (1,452 ft² against a typical 1,693 ft²), its lot is bigger than 45% of them (0.11 ac against a typical 0.13 ac) and it is newer than 70% of them (1997 against a typical 1960). Measured against all of Cape May County, it is worth more than 73% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5 Commonwealth Ave, Strathmere, NJ?

The 2024 property tax bill for 5 Commonwealth Ave, Strathmere, NJ was $11,929. The county assessed it at $537,100.

More homes on Commonwealth Ave

Closest homes

More homes in Strathmere 08248

Assigned schools

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