817 Stockton Avenue

Cape May, NJ
$ 1,971,000 Beds 15 Baths 12.5 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to the Sea Shore S. Cape in Cape May. This property consists of two separately deeded properties for a total of 7 apartments located a short block to the beach. With ocean views from many of the front rooms, this is your escape from the hustle and bustle of life for a more relaxed one by the beach. Enjoy the ocean breezes from the large wrap around front porches or tuck yourself away on one of the rear decks for some peace and quiet. All of the units have kitchens and all, but one has a private rear deck. This property is well maintained by the current owners who do upgrades every year throughout the buildings. 817 Unit 1 consists of a (2 Bedroom, 2 Bathroom) unit with large rear deck. 817 Unit 2 (3 Bedrooms, 2 Bathrooms). 817 Unit 3 (3 Bedrooms, 2 Bathrooms) with a rear deck. You can access the apartments by the shared interior stairwell or Unit 1 and 3 can have access through their back decks. 819 Unit 1A is an adorable (1 Bedroom, 1 Bathroom) apartment located on the first floor at the front of the property that uses the side part of the porch for outside enjoyment. 819 1B is a (2 Bedroom, 1 Bathroom) unit at the back of the first floor and offers a rear deck. 819 Unit 2 is the entire second floor and offers (2 Bedrooms, 2 Bathrooms) and a rear deck. 819 Unit 3 is the entire third floor and offers (2 Bedrooms, 1.5 Bathrooms) and a rear deck. Similar to the other side, this property also has a shared interior with access to the units or each unit can access by the exterior back stairs. 2020 Rental Income is $161,285 for both units. The homeowner has not adjusted pricing in a few years so we’re looking at an even better 2021! This is a fabulous opportunity for someone looking for their own piece of Cape May with a nice dose of rental income. Showings are by appointment only as this property rents weekly and nightly as vacation rentals. Additional information available such as; property disclosures, income/expenses and elevation certificates.

Multi-Family

  • Price
  • $ 1,971,000
  • Lot Size
  • Bedrooms
  • 15
  • Full Bathrooms
  • 12
  • Year Built
  • 1890
  • Half Bathrooms
  • 1
  • City, Zip
  • Cape May
  • Taxes
  • 14516
  • County
  • CAPE MAY
  • Style
  • Area
  • Cape May
  • MLS#
  • 202874
  • Zip
  • 08204
Listing Provided by: COASTLINE REALTY, LLC

Features

General

Cooling Other
Exterior Features Deck, Outside Shower, Porch, Sidewalks
Heating Baseboard, Electric, Hot Water, Multi-Zoned
Type Other
Water City
Zoning 4C

Interior Features

Basement Crawl Space

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/12/2020 Listed $1,998,000
10/7/2020 1% - $1,993,000
10/14/2020 1% - $1,988,000
10/21/2020 1% - $1,983,000
10/28/2020 1% - $1,978,000
11/24/2020 1% - $1,977,000
12/1/2020 1% - $1,976,000
12/8/2020 1% - $1,975,000
12/15/2020 1% - $1,974,000
12/22/2020 1% - $1,973,000
12/29/2020 1% - $1,972,000
1/5/2021 1% - $1,971,000

Property vs Zip Code Average in 08204

Price
AVG $1.06M
$1.97M
Taxes
AVG $7,069
$14,516
Visits
AVG 5
6
Year Built
AVG 1895
1890
Walkscore
AVG 68
70
Data Provided by Walkscore ® not using MLS data

Map

817 Stockton Avenue Cape May, NJ is a Single Family Home for sale at $1971000 and a lot size of Acre(s). 817 Stockton Avenue Cape May has 15 bedrooms, 12 baths and was built in 1890. The property's zip code is 08204 which is in Cape May, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.