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Sold for $665,000
  • $665,000

    509 Pearl Ave #B, Cape May Pt, NJ 08212

    3beds
    1,088sqft
    Condominium
    Built in 1876
    -- sqft lot
    $1,180,100 Zestimate®
    $611/sqft
    $3,161 Estimated rent

    Home value

    $1,180,100

    $944,000 - $1.48M

    $3,161/mo

    Zestimate® history
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    What's special

    Welcome to 509 B Pearl Avenue in Cape May Point. This historic 1876 residence, situated just across from the beach with incredible privacy on beach and beautiful private sunsets, has been divided into two condominiums. Access to the beach is provided via a natural path through the dunes, conveniently located across the street. Motivated Sellers. Unit B occupies the second and third floors and boasts an open living room, kitchen, one queen-sized bedroom, bathroom, and laundry closet. The third floor hosts a spacious master bedroom with a half bathroom and scenic nature and water views. Outdoor amenities include a deck overlooking Pearl Avenue, an outdoor shower, and storage space. Explore the numerous attractions of Cape May Point, including the beach, lighthouse, nature trails, and more. Easy viewing available. Additional details can be found in the Associated Documents. Each unit in the front home incurs approximately $5,170 in annual expenses, covering condo insurances (around $1,105), (water and sewer $950), flood insurance ($1,615.50), and landscaping (approximately $1500). Condo fee is yearly not monthly. Unit B share of the condo insurance reflects a split between all three condos (back cottage) and flood insurance is split only with unit downstairs as back cottage pays their own flood insurance. The water bill we split that quarterly with unit downstairs. All three units split the landscape costs. Easy to show call today. If sleeping 10 you could possible get $2800 a week for rentals. Sellers are motivated and will review all offers

    Zillow last checked:

    Listing updated:

    Listed by:

    Carol A. Menz,GRI,CRS,ABR,SFR 609-374-0325,

    COASTLINE REALTY, LLC,

    Tai Menz 609-602-8061,

    COASTLINE REALTY, LLC

    Bought with:

    Amanda Riddles, 2187587

    HOMESTEAD REAL ESTATE CO. INC.

    Source: CMCAOR,MLS#: 241047MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • Partial bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Area
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Range, Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Electric Water Heater
    • Laundry: Laundry Room
    Features
    • Eat-in Kitchen, Storage
    • Flooring: Carpet, Tile
    • Windows: Curtains, Blinds
    • Common walls with other units/homes: No One Above,Other (See Remarks)
    Interior area
    • Total interior livable area: 1,088 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: Three
    • Entry location: Top Floor
    • On waterfront: Yes
    • Waterfront features: Bay Front, Beach Front
    Lot
    • Features: Beach Block, Cleared, Interior Lot, Island

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No
    • Year built: 1876

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Features: Deck/Porch, Cable TV, Outside Shower, Other
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • HOA fee: $439 monthly
    Location
    • Region: Cape May Pt

    Financial & listing details

    • Price per square foot: $611/sqft
    • Annual tax amount: $3,107
    • Date on market: 4/12/2024
    • Date available: 04/12/2024
    • Listing terms: Conventional
    • Inclusions: Curtains, Blinds, Partial Furniture

    Price history

    DateEventPrice
    11/1/2024Sold$665,000-11.3%$611/sqft
    Source: CMCAOR #241047 Report a problem
    9/30/2024Contingent$750,000$689/sqft
    Source: CMCAOR #241047 Report a problem
    9/10/2024Price change$750,000-3.2%$689/sqft
    Source: CMCAOR #241047 Report a problem
    8/18/2024Price change$775,000-1.3%$712/sqft
    Source: CMCAOR #241047 Report a problem
    7/1/2024Price change$785,000-7.6%$722/sqft
    Source: CMCAOR #241047 Report a problem
    6/18/2024Price change$850,000-2.9%$781/sqft
    Source: CMCAOR #241047 Report a problem
    5/31/2024Price change$875,000-2.7%$804/sqft
    Source: CMCAOR #241047 Report a problem
    4/12/2024Listed for sale$899,000$826/sqft
    Source: CMCAOR #241047 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08212

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,180,100
    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
    $1,180,100