• 202 Ocean Street CAPE MAY, NJ 08204

  • $4,950,000
  • 13
    Bed(s)
  • 11.0
    Baths
  • 0
    Sq Ft
  • 3900
    Sqft

Don’t miss this opportunity to own a piece of Cape May history. Currently operated as the Captain Mey's Inn, this turn of the century Victorian home, circa 1890 was built by Dr. Walter Phillips. The corner location just steps to both the mall and beaches of Cape May make this the best location to enjoy all that the wonderful town has to offer. Make it your own as either a single family property or maintain the B&B license and continue it as your new creation. Painstakingly renovated and update while respecting its heritage and original character this 13 bedroom, 11 bath home boasts large scale rooms, elegant detailing and beautiful woodwork throughout. Step onto the front porch that wraps around onto tree lined Hughes Street. The 1st room upon entry is the Office Quarters (named for the Doctors visiting room). A large ornate hallway leads to the beautiful living room (parlor) and connects to the fabulous dining room. Down the hall is the highly desirable Captains Quarters with private bath and side entrance. Step into the hall bath and head back towards the spacious kitchen, laundry room with steps to the off street parking spot, and the utility room with steps to the private 40 x 100 parking lot. The 2nd level is home to 4 bedrooms with private baths and a 5th bedroom with a hall bath. The spacious hallway takes you to the 3rd floor lading with fire escape. The 3rd level is home to 2 large bedrooms with private baths that have whirlpool tubs. The owner’s quarters are in the lower level and offer a living room, kitchen, 4 bedrooms and 2 baths with an exterior and interior entrance. Amenities include a new roof, recently stained wood siding, numerous stained glass pieces that have been restored, oak and pine floors, new gas HWH, pecks plumbing, Shore’s security system and a State Fire Inspection. The parking lot owned as a separate parcel offers 8 parking spots and a picnic area. The brick sidewalk adds that last touch of beauty! Showings by appointment only due to a working business.

Property Type :

Residential

County :

CAPE MAY

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 13

Master Bedroom Level: 2

Total Bedroom (Lower): 4

Total Bedroom (Upper): 7

Bedroom Lower Level 1: 4

Bedroom Upper Level 1: 5

Bedroom Upper Level 1: 2

Bathroom Information

Total Baths: 11

Full Baths: 11

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Fully Finished

Heating & Cooling

Cooling: Other

Heating: Baseboard - Hot Water

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 1890

Structure: Detached

Fireplace: 1

New Construction: No

Built: 1890

Construction Material: Frame

Foundation/Basement: Block

Architecture: Victorian

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 3,900

Dimensions: 65.00 x 60.00

Lot Size (Acres): 0.09

Architectural Style: Victorian

Main Square Feet: 3,900

Property Information

SQ ft: 0

SQ ft (Living Area): 0

Total Lot SQ ft: 3,900

Subdivision: 0

Financing: Conventional

Appx. Lot Dimensions: 65.00 x 60.00

Total Acreage: 0.09

New Construction: No

Type: Victorian

Listing Information

Possession: 31-60 Days CD

Days Of Market: 2

Tax Information

Annual Tax: $15,635

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

31-60 Days CD

Assessment Information

Taxes Assessment Amount: $1,515,100

Parking Information

Total Parking Spaces: 8

Parking Lot - # of Spaces: 8

Parking Type: Parking Lot

Has Garage: N

Multi-Unit Information

Acceptable Financing: Conventional

Homeowners Association Information

Direction: End of Parkway. Over two bridges, stay straight on Lafayette to Ocean. Make a left and go 2 blocks down to 202 Ocean.

School Information

School District: LOWER CAPE MAY REGIONAL SCHOOLS

Fire Place Information

Total Fire Place: 1

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Direction: End of Parkway. Over two bridges, stay straight on Lafayette to Ocean. Make a left and go 2 blocks down to 202 Ocean.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1516 New York Avenue , Cape May, NJ,08204 $3,299,000 6 4.5 4,771 9375 Sqft
1013 Stockton Avenue , Cape May, NJ,08204 $2,995,000 -- -- 2,651 5250 Sqft
245 Chestnut Lane #NOR.., Cape May, NJ,08204 $415,000 3 1.0 1,008 --
21 Strawberry Lane , Cape May, NJ,08204 $1,500,000 4 2.5 3,652 43560 Sqft
412 Pacific Avenue , Cape May, NJ,08204 $1,825,000 5 3.0 2,716 5001 Sqft
24 Jackson Street , Cape May, NJ,08204 $4,995,000 8 8.5 4,293 5712 Sqft
1202 Illinois Avenue , Cape May, NJ,08204 $795,000 2 1.5 1,088 5000 Sqft
1288 Wilson Drive #B, Cape May, NJ,08204 $2,350,000 4 4.5 -- --

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ByOwner last updated this listing 05/03/2024 @ 09:42

MLS: NJCM2002552
LISTED BY: Gail Wilsey-Morrison , Long & Foster Real Estate, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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