Cape May, NJ 08204,1013 STOCKTON AVE
Cape May, NJ 08204,1013 STOCKTON AVE
Cape May, NJ 08204,1013 STOCKTON AVE
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$2,800,000
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2,651 SqFt
Price Dropped by $195K

1013 STOCKTON AVE Cape May, NJ 08204

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Denise Petti, CREN, CBDA

UPDATED:

09/10/2024 09:17 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,651 sqft

Price per Sqft $1,056

MLS Listing ID NJCM2002710

Style Other

Abv Grd Liv Area 2,651

Originating Board BRIGHT

Year Built 1905

Annual Tax Amount $10,845

Tax Year 2022

Lot Size 5,250 Sqft

Acres 0.12

Lot Dimensions 50.00 x 105.00

Property Description

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.

Location

State NJ

County Cape May

Area Cape May City (20502)

Zoning R-S

Rooms

Basement Full, Interior Access, Outside Entrance

Interior

Hot Water Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling Central A/C, Window Unit(s)

Flooring Wood, Vinyl, Carpet

Fireplaces Number 1

Fireplace Y

Heat Source Natural Gas, Electric

Exterior

Garage Other

Garage Spaces 1.0

Waterfront N

Water Access N

Accessibility None

Parking Type Detached Garage, Driveway, Other

Total Parking Spaces 1

Garage Y

Building

Foundation Brick/Mortar, Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Cape May City E.S.

School District Cape May City Schools

Others

Tax ID 02-01096-00013

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Gail Wilsey-Morrison • Long & Foster Real Estate, Inc.

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Denise Petti, CREN, CBDA

+1(609) 760-4334

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1013 STOCKTON AVE