Listed By:
Long & Foster Real Estate, Inc.
Address
202 Ocean Street, Cape May, NJ
Price
$ 4,950,000
Property Attributes
  • MLS#NJCM2002552
  • TypeSingle Family
  • CountyCAPE MAY
  • CityCape May
  • AreaCape May City
  • Zip08204
  • StyleVictorian
  • Year Built1890
  • Taxes$ 15635
  • Price$ 4,950,000
  • Bedrooms13
  • Full Bathrooms11
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Data Source:
Bright MLS
Property Description

Dont miss this opportunity to own a piece of Cape May history. Currently operated as the Captain Mey's Inn, this turn of the century Victorian home, circa 1890 was built by Dr. Walter Phillips. The corner location just steps to both the mall and beaches of Cape May make this the best location to enjoy all that the wonderful town has to offer. Make it your own as either a single family property or maintain the B&B license and continue it as your new creation. Painstakingly renovated and update while respecting its heritage and original character this 13 bedroom, 11 bath home boasts large scale rooms, elegant detailing and beautiful woodwork throughout. Step onto the front porch that wraps around onto tree lined Hughes Street. The 1st room upon entry is the Office Quarters (named for the Doctors visiting room). A large ornate hallway leads to the beautiful living room (parlor) and connects to the fabulous dining room. Down the hall is the highly desirable Captains Quarters with private bath and side entrance. Step into the hall bath and head back towards the spacious kitchen, laundry room with steps to the off street parking spot, and the utility room with steps to the private 40 x 100 parking lot. The 2nd level is home to 4 bedrooms with private baths and a 5th bedroom with a hall bath. The spacious hallway takes you to the 3rd floor lading with fire escape. The 3rd level is home to 2 large bedrooms with private baths that have whirlpool tubs. The owners quarters are in the lower level and offer a living room, kitchen, 4 bedrooms and 2 baths with an exterior and interior entrance. Amenities include a new roof, recently stained wood siding, numerous stained glass pieces that have been restored, oak and pine floors, new gas HWH, pecks plumbing, Shores security system and a State Fire Inspection. The parking lot owned as a separate parcel offers 8 parking spots and a picnic area. The brick sidewalk adds that last touch of beauty! Showings by appointment only due to a working business.

Price History
9/14/2023 Listed $4,950,000

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Other
Possession 31-60 Days CD
Zoning R-S
Pool Y/N No Pool
Architectural Style Victorian
Construction Materials Frame
Year Built 1890
Levels 3
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County CAPE MAY
New Construction No
Property Type Residential
HOA / Comm Assn No
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Rooms 19
Status ACTIVE
Directions End of Parkway. Over two bridges,stay straight on Lafayette to Ocean. Make a left and go 2 blocks down to 202 Ocean.
ModificationTimestamp 2023-09-13T18:47:31
City CAPE MAY
Buyer Agent Compensation 2.5
Senior Community Y/N No
MLS Area Cape May City (20502)
Lot Size Square Feet 3900.00
Tax Assessed Value 1515100.0
Waterfront Y/N No
Street Name OCEAN
Tax Annual Amount 15635.0
Home Warranty Y/N No
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Acceptable Financing Conventional
Vacation Rental Y/N No
Days on Market 217
Standard Status Active
Year Built Source Estimated
Tax Lot 00004
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Fully Finished
Total Fireplaces 1
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 11
Street Suffix STREET
Central Air Y/N No
Total Bedrooms 13
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Lower Levels 4
Bedrooms Count All Upper Levels 7
Bedrooms Count Lower Level 1 4
Bedrooms Count Upper Level 1 5
Bedrooms Count Upper Level 2 2
Bathrooms Full Upper Level 2 2
Bathrooms Full Upper Level 1 5
Bathrooms Full Lower Level 1 2
Bathrooms Full All Upper Levels 7
Bathrooms Full All Lower Levels 2
Bathrooms Count Upper Level 2 2.00
Bathrooms Count Upper Level 1 5.00
Bathrooms Count Lower Level 1 2.00
Bathrooms Count All Upper Levels 7
Bathrooms Count All Lower Levels 2
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 11

Exterior Features

Water Source Public
Total Parking Spaces 8
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N No
Lot Dimensions 65.00 x 60.00
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 657600.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Parking Lot - # of Spaces 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 08204

Price
AVG $1.35M
$4.95M
Taxes
AVG $6,857
$15,635
Visits
AVG 163
1377
Data Provided by Inside Real Estate®
Year Built
AVG 1967
1890
Walkscore
AVG 42
83
Data Provided by Walkscore® not using MLS data

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