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Sold for $2,400,000
  • $2,400,000

    1013 Stockton Ave, Cape May, NJ 08204

    --beds
    0baths
    2,651sqft
    MultiFamily
    Built in 1905
    -- sqft lot
    $2,548,400 Zestimate®
    $905/sqft
    $2,320 Estimated rent

    Home value

    $2,548,400

    $2.29M - $2.85M

    $2,320/mo

    Zestimate® history
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    $2,320/mo

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    $15,156/mo

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    $15,156/mo

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    What's special

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Forced air, Gas
    Cooling
    • Central, Other
    Interior area
    • Total interior livable area: 2,651 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 5,248 Square Feet
    Details
    • Parcel number: 0201096000000013

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1905

    Community & HOA

    Location
    • Region: Cape May

    Financial & listing details

    • Price per square foot: $905/sqft
    • Tax assessed value: $1,050,900
    • Annual tax amount: $11,108

    Price history

    DateEventPrice
    6/17/2025Sold$2,400,000-14.3%$905/sqft
    Source: Public Record Report a problem
    10/31/2024Listing removed$2,800,000$1,056/sqft
    Source: Long & Foster Broker Feed #232833 Report a problem
    9/10/2024Price change$2,800,000-6.5%$1,056/sqft
    Source: CMCAOR #232833 Report a problem
    4/5/2024Price change$2,995,000-3.4%$1,130/sqft
    Source: CMCAOR #232833 Report a problem
    10/19/2023Listed for sale$3,100,000$1,169/sqft
    Source: CMCAOR #232833 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,108 $1,050,900
    2024$11,108 -1.6%$1,050,900
    2023$11,287 +5.5%$1,050,900
    2022$10,698 +4.9%$1,050,900
    2021$10,194 -1.7%$1,050,900
    2020$10,372 +10.9%$1,050,900
    2019$9,353 $1,050,900
    2018$9,353 +7%$1,050,900
    2017$8,743 -3.8%$1,050,900
    2016$9,090 $1,050,900
    2015$9,090 +3.2%$1,050,900
    2014$8,807 +6.9%$1,050,900
    2012$8,239 +5.9%$1,050,900
    2011$7,777 +6%$1,050,900
    2010$7,339 +2.4%$1,050,900 +22.1%
    2009$7,167 +8.2%$860,400
    2008$6,625 0%$860,400
    2007$6,625 $860,400 +3%
    2006-- $835,500
    2005-- $835,500
    2004$6,350 $835,500 +186.1%
    2003-- $292,000
    2002-- $292,000
    2001-- $292,000
    Find assessor info on the county website

    Neighborhood: 08204

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,548,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,548,400