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

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1520 New Jersey, Cape May, NJ, 08204

$540,000

Michael Devlin
  • Buyer Agent Compensation: N/A
  • 2 in 1 PDF flyer DOWNLOAD
  • Condo

  • 1

  • 1

Don’t miss your chance to make this beach block updated condominium unit within the sought-after Cape Roc Condos of beautiful Cape May yours! 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, sold fully furnished to ensure immediate enjoyment. The efficient floorplan features a rear bedroom with two beds, ample storage space, and a south-facing window with excellent natural lighting. A full bathroom with a shower/tub combo is centrally located between the bedroom and the main living space. The main living space features a dining area, a full kitchen, an entertainment space, and additional sleeping capacity via a pullout sofa and daybed. Cape Roc Condominiums 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 dating back to 2022. Peak summer weeks command up to $2,200 per week in rent, and the property achieved an estimated $21,910 Gross Rental Income in 2025. 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 conveniently located on each level. Owners are responsible for electric, cable, and internet for their condo unit. The community is pet-friendly for owners, but renters are not permitted to bring pets. There is a one-time capital contribution fee of $1,125 and a $250 condo association package for new unit owners. There is a special assessment approved for 2026 to fund capital improvements, specifically replacing the elevators and installing new railings. The assessment is equivalent to four months of each unit\'s regular condo fees. For Unit 117, this total assessment equals $1,500. The $1,500 is split equally and will be due with each quarterly condo fee Q1, 2026. 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
Please Check Box below.

Nearby Listings

Opportunity is Calling! Professional photos coming tomorrow. The best value on the island right now, this stylish and beautifully remodeled first floor condo in the desirable Cape Roc Community offers summer living at it\'s finest! This fully renovated unit boasts gorgeous wood grained tiled floors throughout, an open living/dining area with new kitchen, tiled bath with stall shower, and generously sized bedroom. The crisp white shaker style cabinetry, quartz counter tops, undermount stainless steel sink, upgraded modern hardware and arched faucet with pull-down, full sized range, built-in microwave, and refrigerator, and tiled backsplash provide everything you need to dine in, with an outside dining patio right outside your door. The bathroom has a gorgeous woven style tiled floor and complimentary stone-look tile walk-in shower with upgraded fixtures and barn door style frameless glass doors, white vanity, mirror and lighting. The large bedroom has 2 closets and large window which brings in sounds of the waves as you sleep. The easy maintenance wood grained tile floors are ready to handle wet feet and sandy toes returning from the beach and pool. Other upgrades include all NEWER windows, under cabinet lighting, auto exhaust timer in the bathroom, updated trim/moulding, and lighting upgrades. This friendly condo community offers a large heated in-ground pool with comfortable patio furniture, Weber gas grills on 2 different common cooking areas, patio tables and chairs for outdoor dining, laundry facilities on each floor, elevator, recycling/trash center, off-street complimentary parking, and newly renovated community room. The low $1125/quarter condo fee covers trash and recycling, hot/cold water, sewer, gas grill cooking, all exterior maintenance, landscaping, and heated pool. This condo also offers fantastic rental potential -other units in the building bring nearly $40K/year! All of this just steps from the beach and a short stroll to town. Make your appointment today -this little Cape May gem will go quickly!

Property 2

1520 New Jersey, Cape May

  • 1

  • 1.0

  • $529900

Opportunity is Calling! Professional photos coming tomorrow. The best value on the island right now, this stylish and beautifully remodeled first floor condo in the desirable Cape Roc Community offers summer living at it\'s finest! This fully renovated unit boasts gorgeous wood grained tiled floors throughout, an open living/dining area with new kitchen, tiled bath with stall shower, and generously sized bedroom. The crisp white shaker style cabinetry, quartz counter tops, undermount stainless steel sink, upgraded modern hardware and arched faucet with pull-down, full sized range, built-in microwave, and refrigerator, and tiled backsplash provide everything you need to dine in, with an outside dining patio right outside your door. The bathroom has a gorgeous woven style tiled floor and complimentary stone-look tile walk-in shower with upgraded fixtures and barn door style frameless glass doors, white vanity, mirror and lighting. The large bedroom has 2 closets and large window which brings in sounds of the waves as you sleep. The easy maintenance wood grained tile floors are ready to handle wet feet and sandy toes returning from the beach and pool. Other upgrades include all NEW windows, under cabinet lighting, auto exhaust timer in the bathroom, updated trim/moulding, and lighting upgrades. This friendly condo community offers a large heated in-ground pool with comfortable patio furniture, Weber gas grills on 2 different common cooking areas, patio tables and chairs for outdoor dining, laundry facilities on each floor, elevator, recycling/trash center, off-street complimentary parking, and newly renovated community room. The low $1125/quarter condo fee covers trash and recycling, hot/cold water, sewer, gas grill cooking, all exterior maintenance, landscaping, and heated pool. This condo also offers fantastic rental potential - other units in the building bring nearly $40K/year! All of this just steps from the beach and a short stroll to town. Make your appointment today - this little Cape May gem will go quickly!

Property 2

1520 New Jersey, Cape May

  • 1

  • 1.0

  • $529900

Welcome to 209 Pittsburgh Avenue, located in the esteemed eastern part of Cape May. This exceptional property is a mere two blocks from Cape May’s renowned beaches and boasts the unique advantage of no rear neighbors. This three-story residence offers a total of four bedrooms, two-and-a-half bathrooms, and a total of four covered porches. Situated on a generously sized 60’ x 125’ lot, the home encompasses approximately 2,604 square feet of meticulously designed living space. Upon arrival, a thoughtfully designed, wide U-shaped driveway provides efficient off-street parking for multiple vehicles. Entering the home via the main entrance on the first-level porch, you are greeted by an inviting foyer. This level features three spacious bedrooms, a full bathroom, a dedicated laundry room with a utility closet, and a convenient rear entryway with additional storage beneath the staircase. Ascending to the second level, you\'ll discover the main living space, showcasing an open floor plan that seamlessly connects the living room, a large dining room, and kitchen. The living room is enhanced by a gas fireplace, a storage closet, and a sliding glass door leading to a covered porch. A conveniently located half bathroom is situated between the living and dining areas. The fully equipped kitchen is efficiently designed, ready to inspire any culinary enthusiast in crafting elegant meals. The third level of 209 Pittsburgh Avenue is dedicated entirely to the private primary suite. The third floor opens to a second spacious living room that gives access to both a front deck and back deck overlooking the scenic open space. This expansive retreat includes a large master bedroom, a full bathroom and a generous walk in closet. Outside, the property features a built-in, covered outdoor shower in the backyard, large enough to include storage of gardening and beach accessories. Alongside this, you\'ll find an open grass area in both the rear and side yards. This versatile outdoor space presents a blank canvas, offering the opportunity to personalize the landscaping to your exact vision. Built on pilings, 209 Pittsburgh Avenue also features a hurricane rated roof. This property has been meticulously cared for by the same owners since its construction and has never been used as a rental property. The sale includes the furniture, with the exception of a few select items and personal belongings. Its well-conceived interior floor plan, multiple porches, and close proximity to the beach make it an ideal location for both personal enjoyment and as a sound investment. Discover the unique investment potential of this property in Cape May, a town celebrated for its year-round appeal and status as a top U.S. travel destination. While most Jersey Shore towns see visitors only in the summer, Cape May\'s vibrant spring, autumn, and holiday seasons attract a steady flow of guests, meaning there\'s no true \"off-season.\" This home is perfectly positioned to capitalize on that consistent demand, with a detailed short-term rental income estimate based on the property\'s existing layout and appeal. Peak summer weeks can command up to $6,200, spring and fall weeks up to $3,800, and winter weeks up to $2,300. Additionally, nightly stay options from mid-September through mid-May can offer flexibility for weekend travelers. This home is ready for its first short-term rental venture, giving you the rare opportunity to customize the guest experience from scratch. Disclaimer: The rental figures provided are estimates and do not guarantee future income. Market conditions can change, and buyers should consult with a professional to assess the property\'s full potential.

Property 2

209 Pittsburgh, Cape May

  • 4

  • 2.1

  • $2390000