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Off market
  • $316,500

    501 Beach Ave #401, Cape May, NJ 08204

    1beds
    425sqft
    Condo
    Built in 1935
    -- sqft lot
    $316,500 Zestimate®
    $745/sqft
    $1,689 Estimated rent

    Home value

    $316,500

    $282,000 - $354,000

    $1,689/mo

    Zestimate® history
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    $2,022/mo

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    What's special

    501 Beach Avenue, The Marquis de Lafayette is located in the heart of Cape May on the beachfront with amazing water views and home to the Barefoot Bar. Every room features relaxing private balconies overlooking the ocean with breath taking unobstructed views of the beautiful Cape May beaches and Atlantic Ocean. Resort style amenities; new pool and hot tub with water fall feature, updated restaurant, pool bar with street access, maid service, meeting rooms, fitness room, wireless internet, laundry room, parking and none of the maintenance usually associated with property ownership. The Marquis de Lafayette is a Condo-Tel, you own it as a condominium, but your condo is managed and operated as a hotel by your board of directors, manger and in-house staff. There is usage policy requiring owners to rent their room as a hotel room. This is a very popular hotel, an appointment at least 72 hours in advance is required to see rooms/suites that are currently available for purchase. This is a Cape May Suite with two double beds. Condo fees for 2019 approximately $2141.59 front loaded for the year.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 425 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.74 Acres
    Details
    • Parcel number: 02010470000000010000C401

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: Cape May

    Financial & listing details

    • Price per square foot: $745/sqft
    • Tax assessed value: $94,000
    • Annual tax amount: $994

    Price history

    DateEventPrice
    3/2/2020Sold$122,000-6.2%$287/sqft
    Source: Agent Provided Report a problem
    3/19/2019Listed for sale$130,000+1.6%$306/sqft
    Source: COASTLINE REALTY, LLC #186745 Report a problem
    11/22/2013Sold$128,000$301/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$994 $94,000
    2024$994 -1.6%$94,000
    2023$1,010 -47.6%$94,000 -50.4%
    2022$1,928 +4.9%$189,400
    2021$1,837 -1.7%$189,400
    2020$1,869 +6%$189,400
    2019$1,763 +5.3%$189,400
    2018$1,674 +6.3%$189,400
    2017$1,576 -3.8%$189,400
    2016$1,638 $189,400
    2015$1,638 +3.2%$189,400
    2014$1,587 +6.9%$189,400
    2012$1,485 +5.9%$189,400
    2011$1,402 +24.9%$189,400
    2010$1,122 +2.4%$189,400 +44%
    2009$1,095 +8.2%$131,500
    2008$1,013 $131,500
    2007$1,013 $131,500
    2006-- $131,500 +11.9%
    2005-- $117,500
    2004$893 $117,500 -6.7%
    2003-- $126,000
    2002-- $126,000
    2001-- $126,000
    Find assessor info on the county website

    Neighborhood: 08204

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $316,500
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    Estimated market value
    $316,500