Check Availability
Cape May 08204
1013 STOCKTON AVE
$2,995,000
↓ $105K (3.4%)
Multifamily - For Sale

1013 STOCKTON AVE

CAPE MAY, NJ 08204
bedrooms
Studio
bathrooms
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.
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
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4 Baths
2,656 ft²
$904/ft²
$2,400,000 Nov 4, 2022
$2,400,000 Mar 22, 2023
-
House
5 Beds
2 Baths
-
$3,300,000 Jul 29, 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
More about this Building
1013 Stockton Avenue
Want to find out who owns 1013 Stockton Avenue, Cape May, NJ 08204? Get detailed property transactions here .

About Cape May


Similar Homes for Sale

Unit for sale at 1016 Stockton Avenue, Cape May, NJ 08204

$3,300,000

  • 5 Beds
  • 2 Baths
1016 Stockton Avenue, Cape May, NJ 08204 Listing by Gail Wilsey-Morrison, CRS, ABR, SRES

Nearby Rentals



Quantcast