1011 Lafayette Street
Cape May, NJ, 08204 $ 489,900
Bedrooms1 Baths1.0 Sq 548 Monthly Estimate*
$ 3,016
for $489,900 with 1 bedroom and 1 full bath. This 548 square foot condo was built in 1870.
Welcome to 1011 Lafayette Street, Unit 302 â a beautifully updated penthouse condo offering an exceptional opportunity for year-round living, a personal Cape May retreat, or a proven investment rental. Set in the charming and historic Joseph Leach House, this top-floor 1-bedroom, 1-bath residence delivers the perfect blend of modern convenience and coastal charm. It easily lives like a two-bedroom, with a high-quality Murphy bed in the living room for additional sleeping space. Step inside to a bright and inviting living area filled with natural light, hardwood flooring, and a comfortable layout ideal for relaxing or hosting guests. The well-appointed kitchen features updated appliances, ample cabinetry, and a dedicated dining space â perfect for everyday living or entertaining. The serene bedroom offers generous storage and a peaceful place to unwind after a day at the beach. Enjoy the timeless charm of the shared Victorian front porch, where guests and residents have relaxed for more than 155 years. The property sits on a rare 120' x 198' lotâ spacious by Cape May standards â providing a sense of openness and historic grandeur. Owners are permitted pets, and Cape Mayâs pet-friendly atmosphere makes it easy to enjoy the area with furry family members. From designated dog-friendly beach times and scenic walking paths to outdoor dining patios and welcoming local shops, this seaside town is wonderfully accommodating. Owners also enjoy access to convenient amenities including an outdoor shower, shared laundry facility, locked storage for beach gear, and a private outdoor shed perfect for safely storing bicycles. Prime location? Absolutely. Youâre just a short walk or bike ride to Cape Mayâs renowned beaches, dining, shopping, and entertainment â plus easy access to the Cityâs free shuttle service. With designated off-street parking, getting around is always stress-free. Let's talk dining for a minute! From the exquisite Washington Inn to Oyster Bay, to Elaine's to name only a few nearby. You will enjoy the food, the atmosphere, the wine & cocktails and yes, even the entertainment. All within a few blocks of home. Whether you're searching for a cozy full-time residence, a relaxing getaway destination, or a profitable rental investment, Unit 302 offers a rare opportunity to enjoy the very best of Cape May living. UPDATE: New washer and dryer is on order and will be installed soon! Donât miss your chance to make this coastal gem your own!
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FeaturesGeneralHeating Electric Baseboard
Cooling Wall Air Conditioning
Water City
Sewer City
HOA Fee 990.00
Full Baths 1
Year Built 1870
Parking Assigned Parking Other
Pet Friendly Owners allowed pets
Stories Count One
County Cape May County
Class CONDO/TOWNHOUSE
Type Condo
Unit Number 302
Tax Year 2024
New Construction Y/N No
Features Patio Deck/Porch Storage Facilities Cable TV Laundry Room
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Island
City Cape May
Taxes 2112
DOM 63
Price Per Sq Ft Total AG 893.98
SEASONAL/YEAR ROUND YEAR ROUND USAGE
Unit #302
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InteriorBeds 1
Total Baths 1
Appliances Included Range Oven Microwave Oven Refrigerator Washer Dryer Dishwasher
Hot Water Electric
Total Rooms 4
Unit Features Hardwood Floors Tile Floors
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* Excluded FeaturesList ByJoan A. FloodListing Agent
brokerattheshore@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,016
- Monthly Property Taxes
- $176
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 NearbyCondo listings in Cape May, NJ
Average List Price $1,094,946
Percent of Sale Price 124%
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 History| Date | Price | Price Change | Description |
|---|
| 1/21/2026 | $489,900 | -2.00% | Price Down |
| 12/1/2025 | $499,900 | | Listed Price |