$2,995,000
↓ $105K (3.4%)
●
Multifamily -
For Sale
1013 STOCKTON AVE
CAPE MAY, NJ 08204
Studio
0 Bath
$14,706
Estimated Monthly
About This Property
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.
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.
Unit Size
-
Days on Market
226 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$904
HOA Dues
-
Year Built
1905
Listed By
Last updated: 2 months ago (Bright MLS #NJCM2002710)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 22, 2024 | Price Decreased |
$2,995,000
↓ $105K
(3.4%)
|
|
Price Decreased | |||
Oct 19, 2023 | Listed by Long & Foster Real Estate, Inc. | $3,100,000 | |
Listed by Long & Foster Real Estate, Inc. | |||
Aug 2, 1991 | Sold to Amelia F Adams, Wesley P Adams | $225,000 | |
Sold to Amelia F Adams, Wesley P Adams |
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Features: Other
Parking Features: Detached Garage, Driveway, Other
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Interior Information
Flooring Type: Wood, Vinyl, Carpet
Living Area Square Feet Source: Assessor
Fireplace Information
Has Fireplace
Fireplaces: 1
Basement Information
Has Basement
Full, Interior Access, Outside Entrance
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Brick/Mortar, Block
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Construction Materials: Asbestos, Wood Siding
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 50.00 x 105.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $1,050,900
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $1,050,900
Tax Year: 2022
Tax Annual Amount: $10,845
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C, Window Unit(s)
Heating Type: Forced Air, Baseboard - Electric
Cooling Fuel: Electric
Heating Fuel: Natural Gas, Electric
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
6
Beds
4
Baths
2,656 ft²
$904/ft²
$2,400,000
Nov 4, 2022
$2,400,000
Mar 22, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1013 Stockton Avenue
1013 Stockton Avenue, Cape May, NJ 08204
- 1 Unit for Sale