GET OUR
MOBILE APPS

#1 in Ocean City real estate transactions

For Sale 16 Reading, Cape May, NJ, 08204

My Favorites
  • OVERVIEW
  • DESCRIPTION
  • FEATURES
  • MAP
  • REQUEST INFORMATION
16 Reading, Cape May, NJ, 08204 Main Picture 16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture16 Reading, Cape May, NJ, 08204 Aditional Picture

16 Reading, Cape May, NJ, 08204

$2,499,000

  • Residential Vacant Lot

  • 0

  • 0

Hurry! Time is of the essence. There are not many buildable lots available in the beautiful city of Cape May that have ocean views in this price range. An extremely unique opportunity to build your dream home in Cape May on this cleared 75ft.X 100 ft. lot affording wonderful ocean views. Bring your architect/developer and start building your single-family dream home on this flat/level land with 75% lot coverage. Located beach block, just steps to beaches and walking distance to the historic district, shopping and dining. 16 Reading Ave. zoned C-3, subdivided, conforming lot, ready to build. Great location! Water views!

Listing courtesy of: RE/MAX SURFSIDE
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
Full Bath 0
# of Stories
Year Build
Lot Size 6000 to 10000 SqFt
Tax
SQFT
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 75X100
# Units
Tax Year
Area Cape May
Please Check Box below.

Nearby Listings

What a stunning location across the street from the beach and a very sought-after building is where you will find The Morning Star Villa, once a luxury hotel (1885) in the heart of Cape May this building was moved and totally restored to a 14-unit condominium in 1989. This unit is on the second floor with 12-foot ceilings and approximately 790 square feet with a private deck with water views. Large open floor plan in the kitchen with new white quartz countertop installed, dining and living area make this unit feel bright, cheery, and spacious. There is a large bath in the hall with jetted bathtub and shower. Two nice sized bedrooms both with full closets. King bed in the master bedroom, queen bed in the second bedroom, and a queen sleeper sofa in the living room. Stack-able washer and dryer in the utility closet in the kitchen. Being sold mostly furnished less a few personal mementos the sellers may wish to take. The common area features are secure mailbox, elevator, ramp, outside shower, bike racks, personal storage locker area, an assigned parking plus a few extra spaces. The monthly condo fee covers water, sewer, trash pickup, internet, and property management. Strong rental history- rental income approximately of $30,000. Rents for 2300 a week in season or use for personal use. 2020, Rental Income- $29,741, Total Expenses- $17,152, Net Income- $12,589. Call to book your appointment today. Easy to show. To build up a healthier reserve and maintain this lovely historic building to the highest standards, there is a special assessment over 4 years. The seller is paying the annual assessment of $3600 for 2021 and 2022. 2023 and 2024 will be new buyer responsibility. 2022 rent so far Approx. $19,000. 7-2-22 to 8-27-22 weeks booked so there are weeks for you and your family to use in season. Deck repairs this fall: The association plans to have work on the porch take place in the fall of this year. Every effort will be made to schedule the work, if possible, at a time convenient for the owner so as not to disrupt their plans to occupy their unit. The work to be done on the porch will be paid for by the Association.

Property 2

1307 Beach, Cape May

  • 2

  • 1.0

  • $625000

Live Chat