• 1013 Stockton Avenue CAPE MAY, NJ 08204

  • $2,995,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,651
    Sq Ft
  • 5250
    Sqft

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.

Property Type :

Multi-Family

County :

CAPE MAY

Style :

Multi-Family

Sell a home like this and save $179,201 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Full,Interior Access,Outside Entrance

Heating & Cooling

Cooling: Central A/C,Window Unit(s)

Heating: Forced Air,Baseboard - Electric

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Building Information

Year Built: 1905

Structure: Detached

Fireplace: 1

New Construction: No

Total Units: 1

Built: 1905

Construction Material: Asbestos,Wood Siding

Foundation/Basement: Brick/Mortar,Block

Architecture: Other

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 5,250

Dimensions: 50.00 x 105.00

Lot Size (Acres): 0.12

Architectural Style: Other

Stories Total: 3

Main Square Feet: 5,250

Property Information

SQ ft: 2,651

SQ ft (Living Area): 2,651

Total Lot SQ ft: 5,250

Appx. Lot Dimensions: 50.00 x 105.00

Total Acreage: 0.12

New Construction: No

Type: Other

Listing Information

Possession: Settlement

Days Of Market: 188

Tax Information

Annual Tax: $10,845

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $1,050,900

Parking Information

Total Parking Spaces: 1

Parking Type: Detached Garage,Driveway,Other

Parking Features: Concrete Driveway

Has Garage: Y

Garage Type: Other

Garage Space: 1

# of Detached Garage Spaces: 1

Homeowners Association Information

Direction: End of the Parkway straight to Madison and left. Right on Stockton. 3rd house in on Right.

School Information

Elementary School: CAPE MAY CITY E.S.

School District: CAPE MAY CITY SCHOOLS

Fire Place Information

Total Fire Place: 1

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Hot Water: Natural Gas

Location Information

Direction: End of the Parkway straight to Madison and left. Right on Stockton. 3rd house in on Right.

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
202 Ocean Street , Cape May, NJ,08204 $4,950,000 13 11.0 -- 3900 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 -- --

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/02/2024 @ 09:55

MLS: NJCM2002710
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.

Selling? Save $179,201 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion