1013 Stockton Avenue
Cape May, NJ, 08204 $ 2,995,000
Bedrooms8 Baths3.1 Monthly Estimate*
$ 20,921
for $2,995,000 with 8 bedrooms and 3 full baths, 1 half bath.
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.
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FeaturesGeneralHeating Gas Natural Electric Baseboard Forced Air Multi-Zoned
Cooling Central Air Other
Exterior Features Deck Porch Cable TV Sidewalks Outside Shower
Zoning R-S
Water City
Parking Garage 1 Car Detached Concrete Driveway
Type Duplex
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InteriorBasement Full Outside Entrance Inside Entrance
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* Excluded FeaturesList ByGail Wilsey-Morrison, CRS, ABR, SRESListing Agent
Long & Foster Real Estate, Inc CmBroker
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 $1,799,113
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.
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/5/2024 | $2,995,000 | -3.39% | Price Down |
10/19/2023 | $3,100,000 | | Listed Price |