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Troy Eggie

Troy Eggie 609-425-0992 609-391-0500x320

1670 Boardwalk, Ocean City

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For Sale 1520 New Jersey, Cape May, NJ, 08204

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1520 New Jersey, Cape May, NJ, 08204

$498,000

Troy Eggie
  • Buyer Agent Compensation: N/A
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  • Condo

  • 1

  • 1

Discover this beach block updated condominium within the sought-after Cape Roc Condos of beautiful Cape May. This first-floor, one-bedroom, one-bathroom unit offers the perfect blend of relaxation and convenience with Cape May’s pristine beaches conveniently nearby. Step inside to find a turnkey, move-in-ready space, being sold fully furnished (minus a few personal items), ensuring immediate enjoyment. Recent renovations (2021) include stylish Pergo flooring and a modern, remodeled bathroom. A newer, approximately one-year-old refrigerator adds to the unit\'s appeal. The Cape Roc Condos provide an array of desirable amenities, including a heated swimming pool, on-site gas grills, dedicated off-street parking, spacious patios for outdoor enjoyment, and secure bike racks. Imagine savoring ocean breezes while grilling poolside or embarking on an evening bike ride to Cape May\'s vibrant downtown, filled with exquisite restaurants and unique shops. This well-maintained unit offers an exceptional investment opportunity, boasting a strong rental history since 2021. Peak summer weeks command $2,000 rent per week, and the property achieved an estimated $21,325 Gross Rental Income in 2024. As of April 1st, the estimated Gross Rental Income for 2025 is already projected at $19,000. This flexibility allows for personal use, rental income, or a perfect blend of both. Condo fees are reasonable at $375 per month, covering hot and cold water, exterior maintenance, pool upkeep, main building property insurance, and trash/recycling services. The shared on-site laundry rooms for Cape Roc were recently updated and are located on each level. Owners are responsible for electric, cable, and internet. Pet-friendly for owners, but renters are not permitted to bring pets. There is a one-time condo capital contribution fee of $1,125 for new unit owners and a special assessment of $1,125 in 2025 for the Condo Association. This is a rare opportunity to own a piece of Cape May paradise in a highly desirable location. Don\'t miss out – schedule your showing today! This gem won\'t last long.

Listing courtesy of: COASTLINE REALTY, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms 3
Full Bath 1
# of Stories One
Year Build 1970
Lot Size
Tax 2223.00
SQFT 532
ParkingGarage1 Car
AppliancesIncludedRange, Oven, Microwave Oven, Refrigerator, Smoke/Fire Detector
HeatingElectric, Forced Air
HotWaterGas, Other Hot Water
SewerCity
Bedrooms 1
Half Bath 0
# of Stories One
Lot Dimensions
# Units
Tax Year 2024
Area Cape May
OtherRoomsLiving Room, Kitchen, Dining Area
AlsoIncludedShades, Blinds, Furniture, Other (See Remarks)
CoolingCentral Air, Ceiling Fan
WaterCity
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Nearby Listings

This is an extraordinary opportunity to own not one, but TWO homes in the coveted \"Poverty Beach\" area of Cape May. These twin homes are being sold as a single transaction, offering unparalleled luxury and breathtaking ocean views. Inside, you\'ll discover expansive living spaces: 7 bedrooms, 6 full baths, a powder room, 2 living rooms, 2 beautifully remodeled kitchens, a dining room, and a dedicated game room. Uninterrupted ocean vistas are a hallmark of this property, with full-length first and second-floor decks providing spectacular views of the Atlantic Ocean. Enjoy al fresco dining and relaxation in the covered gazebo and outdoor kitchen on the second-floor deck. Experience even more breathtaking water views from the third-floor bedroom. Outside, enjoy generous outdoor space with ample yard space surrounding the property and fencing for added privacy. Convenient amenities include an enclosed hot/cold outdoor shower and an elevator, ensuring comfort and convenience. Built to last, no-maintenance cedar impression siding ensures enduring beauty and low upkeep. Nestled in a quiet cul-de-sac-like street, this property offers a peaceful retreat while remaining close to all that Cape May has to offer. This is more than just a property; it\'s a lifestyle. Schedule a viewing today and experience the pinnacle of coastal living. Make sure to click on both Matterport 3D Virtual Tours. (1 tour for each side). Several personal items in the 1840 side are not included in the sale - among them are the 16 squares of glass art in the foyer, the Oriental rug in the foyer, the aqua balloon dog and stand in the foyer, the silverware in the kitchen, the items in the garage cabinets, the painting in the powder room and the painting in the stairwell

Property 2

1840-1842 Maryland, Cape May

  • 7

  • 5.1

  • $4095000

Situated on one of the finest and most coveted tree-lined streets of Cape May, 1101 New York Avenue showcases a piece of history as one of the original “Sears Kit\" cedar shake homes. Just two blocks to the beach with an ocean view from the second floor, this two-and-half story home is a gem with a brick based square plan and a hipped-roof on a spacious 80 x 125 corner lot. The recessed entrance welcomes you on the porch where you can sip your coffee with the warmth of the sunrise. The 5 BD 2.5 BA home is filled with classic charm from nine-foot ceilings downstairs to well-preserved original wood floors throughout along with pocket doors and elegant crown molding accents. The first floor includes a cozy parlor, a formal dining room, a spacious living room that was an addition with a gas fireplace with access to the upper deck, a full bathroom, as well as a bedroom with a half bathroom, and the kitchen. A highlight of the home is a beautiful addition built off the back in 1989 that invites abundant daylong natural light and overlooks a wooded private backyard with gardens and a delightful multi-level deck for gatherings. The second floor has 4 additional bedrooms and another full bathroom with a clawfoot tub. The third floor has an attic for storage. In the rear of the property there is a detached gambrel-roofed, wood shingled two story auxiliary building that was renovated in 2016. It faces Philadelphia Avenue and sits in a Cypress grove where a portion of the backyard is completely fenced in for your furry friends. The full basement includes a sitting area, laundry, another refrigerator and an additional bathroom with a 6-foot clawfoot tub plus an outside shower for rinsing off after a refreshing day at the beach. Make this your home address and experience the Cape May vibe in all seasons, whether it’s a year-round home, a weekend getaway or an investment property, plenty of opportunity awaits in this home sweet home. It\'s a dream home come true. *** Highlights: 5 BD, 2.5 BA, two blocks to the beach, ocean view from the second floor, attic, full basement, outside shower, attached two car garage, detached auxiliary studio, 80 x 125 corner lot, minutes to downtown, new windows, Central AC, a five-year vacation rental history averaging $70,000 for 12 weeks annually, three refrigerators, two sets of washer/dryers, featured in Cape May Magazine, contributing historic home.

Property 2

1101 New York, Cape May

  • 5

  • 2.1

  • $2990000