202 Ocean Street Cape May, NJ $ 3,995,000
202 Ocean Street
$ 3,995,000
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202 Ocean Street

Cape May, NJ, 08204
$ 3,995,000
Bedrooms-- Baths-- Sq 3,565

Monthly Estimate*

$ 24,924

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Commercial Property for sale in Cape May, NJ

for $3,995,000. This 3,565 square foot building was built in 1890.

Welcome to Captain Mey’s Inn, a historic turn-of-the-century Bed & Breakfast perfectly situated in Cape May’s Center City. This exceptional corner location is just a short stroll to the Washington Street mall and beautiful beaches. Steeped in history and timeless elegance, this distinguished Inn boasts 8 exquisitely designed guest rooms, each with a private bath, highlighting stunning woodwork and exceptional craftsmanship throughout. Guests are welcomed by the charming wraparound porch, the perfect spot to unwind, savor the ocean breeze, and immerse themselves in the classic allure of Cape May Upon entry, you are greeted by the Office Quarters to your left, originally designed as the doctor’s visiting room, offering a glimpse of the home’s distinctive character. Continuing through, the Captain’s Quarters features a private bath, a side entrance from the hall, and its own porch access, creating a perfect guest retreat or tranquil hideaway. An elegant, intricately detailed hallway leads to the stunning parlor-style living room, which flows effortlessly into the formal dining room, an exquisite space for sophisticated entertaining and memorable gatherings. The main level continues with a generously sized kitchen, a well-appointed laundry room with access to a dedicated parking space complete with an electric vehicle charging station, and a utility room offering access to the expansive parking lot. Upstairs, four generously sized bedrooms each feature private baths, while a fifth bedroom is serviced by a hall bath, offering flexibility for family or guests. The third-floor landing opens to two expansive bedrooms, each boasting luxurious whirlpool baths for ultimate relaxation. The owner’s quarters is a private haven, complete with 3 bedrooms and 2 baths, a living room, fully equipped kitchen, all with both interior and exterior access. The adjacent lot at 206 Ocean Street is included in the sale, currently serving as the off-street parking and a lovely courtyard area, with potential space for a possible pool or expansion of the courtyard. This turnkey inn is an active operational business offering a seamless transition for its next owner. A rare opportunity to own one of Cape May’s historic inns, where timeless elegance meets modern comfort just steps from the ocean. Most furnishings are included, with only a few exceptions.

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Commercial Active

Price

$ 3,995,000

Property Type

Commercial

Taxes

$ 16,658

Style

Bed and Breakfast

Year Built

1890

Town/City

Cape May

County/Region

Cape May

MLS | Web ID

253034

Features
Interior
Interior Amenities Living Space Available Restroom Security System Smoke/Fire Alarm Storage
Flooring Hardwood
Hot Water Gas
Total Number of Units 9
Specialty Rooms Office Space Avail Laundry Room Utility Room Shower Room(s)
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General
Heating Gas Natural Radiator Hot Water
Cooling Ceiling Fan Other (See Remarks)
Zoning R-S
Water City Public
Sewer City Public
Year Built 1890
Parking 6 To 10 Spaces Off Street Paved
County Cape May County
Class COMMERCIAL/INDUSTRIAL
Type Bed and Breakfast
Tax Year 2024
New Construction Y/N No
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Island Other (See Remarks)
Virtual Tour https://my.matterport.com/show/?m=TChpyayERrv
City Cape May
Taxes 16658
DOM 72
Price Per Sq Ft Total AG 1120.62
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Exterior
Exterior Wood/Frame
Exterior Amenities Storage Building
Frontage 105
Lot Dimensions 7999Sq Ft
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* Excluded Features
List By
Christina P. Clemans, ABR, CRS, GRI

Listing Agent

Tim Kerr Sotheby's International Realty

Broker

Chris.Clemans@tksir.com

Email

Affordability Calculator

$26,312
Per Month
95%
5%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
$1,388
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2025$3,995,000 Listed Price

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202 Ocean Street, Cape May, NJ, 08204 is a Commercial Property for sale at $3,995,000 with 3,565 sqft. 202 Ocean Street was built in 1890. The property's zip code is 08204 which is in Cape May, NJ