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Sold for $475,000
  • $475,000

    1011 Lafayette St #302, Cape May, NJ 08204

    1beds
    548sqft
    Condominium
    Built in 1870
    -- sqft lot
    $485,200 Zestimate®
    $867/sqft
    $2,070 Estimated rent

    Home value

    $485,200

    $451,000 - $524,000

    $2,070/mo

    Zestimate® history
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    What's special

    Designated off-street parkingAmple cabinetryOutdoor showerBeautifully updated penthouse condoDedicated dining spaceWell-appointed kitchenUpdated appliances
    Welcome to 1011 Lafayette Street, Unit 302 — a beautifully updated penthouse condo offering an exceptional opportunity for year-round living, a personal Cape May retreat, or a proven investment rental. Set in the charming and historic Joseph Leach House, this top-floor 1-bedroom, 1-bath residence delivers the perfect blend of modern convenience and coastal charm. It easily lives like a two-bedroom, with a high-quality Murphy bed in the living room for additional sleeping space. Step inside to a bright and inviting living area filled with natural light, hardwood flooring, and a comfortable layout ideal for relaxing or hosting guests. The well-appointed kitchen features updated appliances, ample cabinetry, and a dedicated dining space — perfect for everyday living or entertaining. The serene bedroom offers generous storage and a peaceful place to unwind after a day at the beach. Enjoy the timeless charm of the shared Victorian front porch, where guests and residents have relaxed for more than 155 years. The property sits on a rare 120' x 198' lot— spacious by Cape May standards — providing a sense of openness and historic grandeur. Owners are permitted pets, and Cape May’s pet-friendly atmosphere makes it easy to enjoy the area with furry family members. From designated dog-friendly beach times and scenic walking paths to outdoor dining patios and welcoming local shops, this seaside town is wonderfully accommodating. Owners also enjoy access to convenient amenities including an outdoor shower, shared laundry facility, locked storage for beach gear, and a private outdoor shed perfect for safely storing bicycles. Prime location? Absolutely. You’re just a short walk or bike ride to Cape May’s renowned beaches, dining, shopping, and entertainment — plus easy access to the City’s free shuttle service. With designated off-street parking, getting around is always stress-free. Let's talk dining for a minute! From the exquisite Washington Inn to Oyster Bay, to Elaine's to name only a few nearby. You will enjoy the food, the atmosphere, the wine & cocktails and yes, even the entertainment. All within a few blocks of home. Whether you're searching for a cozy full-time residence, a relaxing getaway destination, or a profitable rental investment, Unit 302 offers a rare opportunity to enjoy the very best of Cape May living. UPDATE: New washer and dryer is on order and will be installed soon! Don’t miss your chance to make this coastal gem your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joan A. Flood 609-675-6216,

    RE/MAX SURFSIDE

    Bought with:

    Rosemary Rallo, 0341191

    ATLANTIS REALTY

    Source: CMCAOR,MLS#: 253460MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric, Baseboard
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Range, Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Electric Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Hardwood, Tile
    • Windows: Blinds
    • Furnished: Yes
    • Common walls with other units/homes: No One Above
    Interior area
    • Total interior livable area: 548 sqft

    Property

    Parking
    • Parking features: Assigned, Other
    Features
    • Levels: One
    • Entry location: Top Floor
    Lot
    • Features: Island
    Details
    • Parcel number: 02010610000000600000C302

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Features: Patio, Deck/Porch, Storage Facilities, Cable TV
    HOA
    • Has HOA: Yes
    • HOA fee: $990 quarterly
    Location
    • Region: Cape May

    Financial & listing details

    • Price per square foot: $867/sqft
    • Tax assessed value: $199,800
    • Annual tax amount: $2,112
    • Date on market: 12/1/2025
    • Inclusions: Blinds, Furniture

    Price history

    DateEventPrice
    3/27/2026Sold$475,000-3%$867/sqft
    Source: CMCAOR #253460 Report a problem
    3/7/2026Contingent$489,900$894/sqft
    Source: CMCAOR #253460 Report a problem
    1/21/2026Price change$489,900-2%$894/sqft
    Source: CMCAOR #253460 Report a problem
    12/1/2025Listed for sale$499,900+4.2%$912/sqft
    Source: CMCAOR #253460 Report a problem
    11/14/2025Listing removed$479,900$876/sqft
    Source: CMCAOR #251480 Report a problem
    9/22/2025Price change$479,900-2%$876/sqft
    Source: CMCAOR #251480 Report a problem
    7/28/2025Price change$489,900-1.8%$894/sqft
    Source: CMCAOR #251480 Report a problem
    5/20/2025Listed for sale$499,000+9.1%$911/sqft
    Source: CMCAOR #251480 Report a problem
    12/2/2024Sold$457,500+1.7%$835/sqft
    Source: CMCAOR #242392 Report a problem
    8/23/2024Contingent$450,000$821/sqft
    Source: CMCAOR #242392 Report a problem
    8/15/2024Listed for sale$450,000+20%$821/sqft
    Source: CMCAOR #242392 Report a problem
    11/30/2023Sold$375,000-6%$684/sqft
    Source: CMCAOR #223446 Report a problem
    10/25/2023Contingent$399,000$728/sqft
    Source: CMCAOR #223446 Report a problem
    8/13/2023Price change$399,000-3.9%$728/sqft
    Source: CMCAOR #223446 Report a problem
    7/10/2023Price change$415,000-2.4%$757/sqft
    Source: CMCAOR #223446 Report a problem
    6/16/2023Price change$425,000-5.3%$776/sqft
    Source: CMCAOR #223446 Report a problem
    6/9/2023Price change$448,8000%$819/sqft
    Source: CMCAOR #223446 Report a problem
    5/30/2023Price change$448,9000%$819/sqft
    Source: CMCAOR #223446 Report a problem
    4/24/2023Price change$449,000-5.5%$819/sqft
    Source: CMCAOR #223446 Report a problem
    11/7/2022Listed for sale$475,000+117%$867/sqft
    Source: CMCAOR #223446 Report a problem
    6/16/2018Sold$218,900-2.7%$399/sqft
    Source: Agent Provided Report a problem
    6/5/2018Pending sale$225,000$411/sqft
    Source: LONG & FOSTER REAL ESTATE, INC cm #181929 Report a problem
    5/11/2018Listed for sale$225,000-27.4%$411/sqft
    Source: LONG & FOSTER REAL ESTATE, INC cm #181929 Report a problem
    3/25/2015Sold$310,000+51.6%$566/sqft
    Source: Public Record Report a problem
    12/4/2014Sold$204,500+143.5%$373/sqft
    Source: Public Record Report a problem
    10/25/2000Sold$84,000+33.3%$153/sqft
    Source: Public Record Report a problem
    6/30/1999Sold$63,000$115/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,112 $199,800
    2024$2,112 -1.6%$199,800
    2023$2,146 +5.5%$199,800
    2022$2,034 +4.9%$199,800
    2021$1,938 -1.7%$199,800
    2020$1,972 +6%$199,800
    2019$1,860 +5.3%$199,800
    2018$1,766 +6.2%$199,800
    2017$1,662 -3.8%$199,800
    2016$1,728 $199,800
    2015$1,728 +3.2%$199,800
    2014$1,674 +6.9%$199,800
    2012$1,566 +5.9%$199,800
    2011$1,479 +20.2%$199,800
    2010$1,230 +2.4%$199,800 +38.6%
    2009$1,201 +8.2%$144,200
    2008$1,110 $144,200
    2007$1,110 $144,200
    2006-- $144,200
    2005-- $144,200
    2004$1,096 $144,200 +132.6%
    2003-- $62,000
    2002-- $62,000
    2001-- $62,000
    Find assessor info on the county website

    Neighborhood: 08204

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $485,200
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    Estimated market value
    $485,200