1045-1047 Lafayette Street

Cape May, NJ 08204

$2,195,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A rare opportunity to own a Cape May Triplex! This spectacular Colonial beauty is centrally located in the highly sought-after historic district of Cape May. An ideal location for enjoying everything the National Landmark Seaside City has to offer. This very special property offers a unique blend of old-world charm and modern convenience and is just one short block from the renowned Emlen Physick Estate. The beautifully renovated interior makes this a true treasure and the new plumbing, electric...A rare opportunity to own a Cape May Triplex! This spectacular Colonial beauty is centrally located in the highly sought-after historic district of Cape May. An ideal location for enjoying everything the National Landmark Seaside City has to offer. This very special property offers a unique blend of old-world charm and modern convenience and is just one short block from the renowned Emlen Physick Estate. The beautifully renovated interior makes this a true treasure and the new plumbing, electric and structural work should help preserve this home for another 150 years. Each apartment boasts its own distinct character while seamlessly incorporating modern upgrades. This 3 unit building offers a range of options to suit various needs. Unit 1; is a one-bedroom 1st floor unit with basement & backyard gazebo (sleeps 4), Unit 2: is a one-bedroom 2nd floor unit plus walk up finished attic and offers front rocking chair porch & backyard picnic area (sleeps 6), Unit 3: is a three-bedroom multi floor unit with basement, rocking chair front porch and side yard patio (sleeps 8). Live in one and rent the others, rent all three, make it a spacious family retreat or convert to condos. Units 1 & 2 have a connecting door and can be used as one large unit or as two separate units. The extensively renovated interiors feature beautiful newly updated kitchens & bathrooms, new floors, shiplap wall accents and moldings. The oversized lot is a rarity for Cape May and offers an expansive park-like backyard with multiple tranquil areas for relaxation plus off-street parking for 6+ cars! Bonus detached garage with 3 separate bays. As a resident of this exceptional property, you'll enjoy the convenience of a short bike ride to the beach, harbor, and Washington Street Mall. Take leisurely strolls along the sandy shores, explore the vibrant local shops and boutiques, or savor delicious cuisine at one of the many fine restaurants – the possibilities are endless. Don't miss this incredible opportunity to own a piece of Cape May's history while enjoying the modern comforts of today.
  1. Listed by Heijung Park-Colameco • JERSEY CAPE REALTY

Property Details for 1045-1047 Lafayette Street

MLS #
240961
DOM
30
Class
MULTI-FAMILY
Location
Cleared Lot, Inside Lot
Sale/Rent
For Sale
Type
Triplex

Location

Listing Courtesy of JERSEY CAPE REALTY
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LISTING UPDATED: 05/03/2024 02:01 AM

Property Details for 1045-1047 Lafayette Street

StatusActive
MLS #240961
Days on Market32
Taxes$5,804 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Triplex
Year Built-
Lot Size0.32 AC / 13,860 SF
CountyCape May County

Location

Listing Courtesy of JERSEY CAPE REALTY
Add your commute

Virtual Tour

Building Information for 1045-1047 Lafayette Street

Stories-Residences-Year Built-Building Size-Lot Size0.32 AC / 13,860 SF

Payment Calculator

$12,463 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,979

Property Taxes

$484

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1045-1047 Lafayette Street

Summary
Location and General Information
  • Area: Cape May
  • Suitable For: Condo Conversion,Multi Family+Rooms
  • Address Number: 1045-1047
  • Near: M.A.C,, Washington St
  • Address Search Number: 1045.0
  • Address Street: Lafayette
  • City: Cape May
  • Street Designation: Street
  • Address: 1045-1047 Lafayette Street
  • Status: ACTIVE
  • State: NJ
  • Zip: 08204
  • Status Detail: 0
Taxes and HOA Information
  • Taxes: $5,803.97
  • Tax Year: 2022
Parking
  • Parking: Garage,Parking Pad,3 Car,Detached,Black Top Driveway,Stone Driveway,Shared Driveway
Property
Lot Information
  • Lot Size: 70 x 198
  • New Construction Y/N: No
  • Lot Number: 66
  • Block Number: 1061
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Natural, Baseboard, Hot Water, Multi-Zoned
  • Cooling: Ceiling Fan, Other
  • Hot water: Electric, Gas
  • Water: City
  • Sewer: City
  • Separate Meter: Electric,Gas
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Dining Area, Pantry, Laundry/Utility Room, Loft, Storage Space
  • Total # of Baths: 4
  • Unit 1 Bedrooms: 1.0
  • Unit 2 Bedrooms: 1.0
  • Unit 3 Bedrooms: 3.0
  • Unit 1 Number: One
  • Unit 2 Number: Two
  • Unit 3 Number: Three
  • Total Rent: N/A
  • Total # of Lavs: 0
  • Total # of Beds: 5
  • Unit 1 Baths: 1.0
  • Unit 2 Baths: 1.0
  • Unit 3 Baths: 2.0
  • Unit 1 Lavs: 0.0
  • Unit 2 Lavs: 0.0
  • Unit 1 Rooms: 4.0
  • Unit 2 Rooms: 4.0
  • Unit 3 Rooms: 7.0
  • Number of Units: 3.0
  • Also Included: Blinds, Rugs, Partial Furniture
  • Basement: Full, Inside Entrance, Plumbing, Masonry Flrs/Wall
Exterior Features
  • Outside Features: Patio, Porch, Storage Building, Sidewalks, Outside Shower

Property History for 1045-1047 Lafayette Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1045-1047 Lafayette Street

Taxable ValueLand$316,200Additions$246,200Total$562,400
Tax Record2022$5,804 ($484 / month)
Home Facts
Beds0Total Finished SqFt2,860 SqFtAbove Grade Finished SqFt2,860 SqFtStories2Lot Size13,861 SqFtStyleSingle Family ResidenceYear Built1860ZoningR-2CountyCAPE MAYAPN02 01061-0000-00066

Schools near 1045-1047 Lafayette Street

This home is within Lower Cape May Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Cape May City Elementary School
PublicPK to 6

Richard M Teitelman School
Public7 to 8

Lower Cape May Reg High School
Public9 to 12

Our Lady Star of Sea School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1045-1047 Lafayette Street is a multi-family home for sale in Cape May, NJ 08204. This property was listed for sale on April 3, 2024 by JERSEY CAPE REALTY, it's currently listed at $2,195,000. It has been on the market for a total of 32 days and was last sold on April 14, 2023. This listing's school districts are Lower Cape May Regional School District, Cape May City Board Of Education School District. Nearby schools include Cape May City Elementary School, Richard M Teitelman School and Lower Cape May Reg High School. 1045-1047 Lafayette Street is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JERSEY CAPE REALTY

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.