1045-1047 Lafayette Street Cape May, NJ $ 2,295,000
1045-1047 Lafayette Street
$ 2,295,000
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1045-1047 Lafayette Street

Cape May, NJ, 08204
$ 2,295,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 16,031

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Multi-Family Home for sale in Cape May, NJ

for $2,295,000 with 5 bedrooms and 4 full baths.

A rare opportunity to own a Cape May Triplex! This spectacular Colonial beauty is centrally located in the highly sought-after historic district of Cape May. An ideal location for enjoying everything the National Landmark Seaside City has to offer. This very special property offers a unique blend of old-world charm and modern convenience and is just one short block from the renowned Emlen Physick Estate. The beautifully renovated interior makes this a true treasure and the new plumbing, electric and structural work should help preserve this home for another 150 years. Each apartment boasts its own distinct character while seamlessly incorporating modern upgrades. This 3 unit building offers a range of options to suit various needs. Unit 1; is a one-bedroom 1st floor unit with basement & backyard gazebo (sleeps 4), Unit 2: is a one-bedroom 2nd floor unit plus walk up finished attic and offers front rocking chair porch & backyard picnic area (sleeps 6), Unit 3: is a three-bedroom multi floor unit with basement, rocking chair front porch and side yard patio (sleeps 8). Live in one and rent the others, rent all three, make it a spacious family retreat or convert to condos. Units 1 & 2 have a connecting door and can be used as one large unit or as two separate units. The extensively renovated interiors feature beautiful newly updated kitchens & bathrooms, new floors, shiplap wall accents and moldings. The oversized lot is a rarity for Cape May and offers an expansive park-like backyard with multiple tranquil areas for relaxation plus off-street parking for 6+ cars! Bonus detached garage with 3 separate bays. As a resident of this exceptional property, you'll enjoy the convenience of a short bike ride to the beach, harbor, and Washington Street Mall. Take leisurely strolls along the sandy shores, explore the vibrant local shops and boutiques, or savor delicious cuisine at one of the many fine restaurants – the possibilities are endless. Don't miss this incredible opportunity to own a piece of Cape May's history while enjoying the modern comforts of today.

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Multi-Family Active

Price

$ 2,295,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,803

Style

Triplex

Town/City

Cape May

County/Region

Cape May

MLS | Web ID

240961

Features
General
Heating Gas Natural Baseboard Hot Water Multi-Zoned
Cooling Ceiling Fan Other
Exterior Features Patio Porch Storage Building Sidewalks Outside Shower
Water City
Parking Garage Parking Pad 3 Car Detached Black Top Driveway Stone Driveway Shared Driveway
Type Triplex
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Interior
Basement Full Inside Entrance Plumbing Masonry Flrs/Wall
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* Excluded Features
List By
Heijung Park-Colameco

Listing Agent

Jersey Cape Realty

Broker

heijungbythesea@comcast.net

Email

Affordability Calculator

$16,515
Per Month
97%
3%
0%
Monthly Principal & Interest
$16,031
Monthly Property Taxes
$484
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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$2,295,000 Listed Price

Map


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1045-1047 Lafayette Street, Cape May, NJ, 08204 is a Multi-Family Home for sale at $2,295,000. 1045-1047 Lafayette Street has 5 bedrooms and 4.0 baths. The property's zip code is 08204 which is in Cape May, NJ