1013 Stockton Avenue
Cape May, NJ, 08204 $ 2,995,000
Bedrooms5 Baths0.0 Monthly Estimate*
$ 20,921
for $2,995,000 with 5 bedrooms. This home was built in 1905 on a lot size of 0.12.
Introducing a spectacular Cape May gem nestled just one block away from the pristine Queen Street Beach, this three-story coastal retreat on Stockton Avenue is the epitome of grandeur and flexibility. Boasting a total of 8 bedrooms, 3.5 baths, and a convenient one-car detached garage, this historic beauty, built in 1905, beckons with its timeless charm and impressive features. This property is currently operated as a duplex. As you approach, you'll be captivated by the allure of the expansive wrap-around porch, a perfect spot to enjoy the sea breeze or watch the world go by. Stepping inside, the first floor welcomes you with a stately living room featuring a cozy fireplace, an inviting dining room with ample space to comfortably seat 12, and a charming kitchen that's ideal for whipping up coastal-inspired meals. Additionally, the first floor offers a full bath, a bedroom, and a convenient half bath with an exterior entrance, making it an ideal space for accommodating guests or family members. The second floor unfolds with five additional well-appointed bedrooms, creating a haven for rest and relaxation after a day spent at the beach. A full bath on this floor ensures convenience and comfort for everyone. For even more versatility, the third floor is set up as a self-contained apartment, featuring a fully-equipped kitchen, a cozy living room, two bedrooms, and a full bath. This unique layout allows for independent living arrangements, making it perfect for multi-generational families or those seeking a rental income opportunity. This remarkable property boasts a lucrative rental history, presenting an irresistible investment prospect. You have the flexibility to either rent one unit and relish the other for personal use or capitalize on the full-house rental potential. Furthermore, this property is a candidate for conversion into a single-family residence, subject to buyer obtaining necessary approvals. Outside, a lush and inviting backyard offers the perfect setting for barbecues or post-beach relaxation. The driveway is thoughtfully designed for other uses, with the garage serving as a secure space for bikes and more. Situated in the highly desirable Stockton Avenue neighborhood, this extraordinary property is only a short stroll away from Cape May's charming downtown area, ensuring that you're never far from the town's vibrant culture and culinary delights. And with the beach just a block away, you'll have quick and easy access to the sun, sand, and surf that Cape May is famous for. Whether you're looking for a spacious beachside retreat for your large family, a lucrative rental property, or a combination of both, this magnificent Cape May home on Stockton Avenue offers an unparalleled opportunity to make your coastal dreams a reality. Don't miss your chance to experience the best of Cape May living in this historic and versatile property.
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FeaturesInteriorHeating Fuel Natural Gas Electric
Basement Full Interior Access Outside Entrance
Flooring Wood Vinyl Carpet
Total Fireplaces 1
Hot Water Natural Gas
Total Stories 3
Furnished Units All
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Forced Air Baseboard - Electric
Cooling Central A/C Window Unit(s)
Possession Settlement
Zoning R-S
Garage Spaces 1.00
Pool Y/N No Pool
Architectural Style Other
Construction Materials Asbestos Wood Siding
Year Built 1905
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality CAPE MAY CITY
Accessibility None
County CAPE MAY
New Construction N
Property Type Multi-Family
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions End of the Parkway straight to Madison and left. Right on Stockton. 3rd house in on Right.
City CAPE MAY
Buyer Agent Compensation 2.5
Total Units 1
MLS Area Cape May City (20502)
Lot Size Square Feet 5250.00
Waterfront Y/N N
Street Name STOCKTON
Tax Annual Amount 10845.0
Home Warranty Y/N N
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft 1129.76
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 195
Standard Status Active
Year Built Source Assessor
Tax Lot 00013
Buyer Agent Compensation Type % Of Gross
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ExteriorParking Features Concrete Driveway
Water Source Public
Garage Features Other
Type of Parking Detached Garage Driveway Other
Foundation Details Brick/Mortar Block
Water View Y/N N
Lot Dimensions 50.00 x 105.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 793800.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByLong & Foster Real Estate, Inc.Broker
gailwilsey@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $20,921
- Monthly Property Taxes
- $904
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Cape May, NJ
Average List Price $1,786,613
Percent of Sale Price 40%
About Cape May, NJ 3,270 Population
-19% Since 2002
$ 57,321 Median Income
39.35 Median Age
9% Households with Children
Trends Information provided by ATTOM Data Solutions.
4411133 Elementary School
4307209 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/22/2024 | $2,995,000 | -3.39% | Price Down |
10/19/2023 | $3,100,000 | | Listed Price |