CAPE MAY COUNTY GENERATES OVER $71 MILLION IN REALTY TRANSFER FEES
Cape May County generated $71.5 million in realty transfer fees last year, which is an all time record. The County recorded over 14,000 property transfers last year, also an all time record. The state’s Shore Protection Fund, financed with Realty Transfer Fees, stands at $25 million with some hoping that number doubles…essentially, completely paid for…