202 Ocean Street

Cape May, NJ 08204

$4,950,000
Price
13
Beds
11
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don’t 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...Don’t 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 owner’s 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, Shore’s 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.
  1. Listed by Gail Wilsey-Morrison • Long & Foster Real Estate, Inc.
    P: 6096020405 gailwilsey@gmail.com

Property Details for 202 Ocean Street

Tax ID Number
02-01049-00004
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Victorian
Levels/Stories
3
Waterfront
No

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute
LISTING UPDATED: 04/26/2024 04:19 PM

Property Details for 202 Ocean Street

StatusActive
MLS #NJCM2002552
Days on Market230
Taxes$15,635 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1890
Lot Size0.09 AC / 3,900 SF
CountyCape May County

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute

Building Information for 202 Ocean Street

Stories3Year Built1890Building Size-Lot Size0.09 AC / 3,900 SF

Payment Calculator

$28,317 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,014

Property Taxes

$1,303

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 202 Ocean Street

Location
Location
  • School District Name: LOWER CAPE MAY REGIONAL SCHOOLS
  • School District County ID: 300200396107
  • SchoolDistrictSource: Listing Agent
  • County: CAPE MAY
  • MLS Area: Cape May City (20502)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $1,515,100
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $857,500
  • City Town Tax: $0
  • Land Assessed Value: $657,600
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R-S
  • Tax Lot: 00004
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
All Upper Levels
  • # Bedrooms Count All Upper Levels: 7
  • # Bathrooms Count All Upper Levels: 7
  • # Bathrooms Full All Upper Levels: 7
Upper Level 1
  • # Bedrooms Count Upper Level: 5
  • # Bathrooms Count Upper Level: 5
  • # Bathrooms Full Upper Level: 5
Upper Level 2
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 2
  • # Bathrooms Full Upper Level: 2
All Lower Levels
  • # Bedrooms All Lower Levels: 4
  • # Bathrooms All Lower Levels: 2
  • # Bathrooms Full All Lower Levels: 2
Lower Level 1
  • # Bedrooms Lower Level: 4
  • # Bathrooms Lower Level: 2
  • # Bathrooms Full Lower Level: 2
Rooms
  • Stories: Lower 1, Main, Upper 1, Upper 2
Building Info
Building Info
  • Total Finished SQFT: .00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: .00
  • Total SQFT: .00
  • Total SQFT Source: Assessor
  • Construction Materials: Frame
  • Basement Type: Fully Finished
  • Foundation Details: Block
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bedrooms-Upper Level 1-5, Bedrooms-Lower Level 1-1, Bedrooms-Lower Level 1-2, Bedrooms-Lower Level 1-3, Bedrooms-Lower Level 1-4, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2, Bathrooms Full-Upper Level 1-3, Bathrooms Full-Upper Level 1-4, Bathrooms Full-Upper Level 1-5, Bathrooms Full-Lower Level 1-1, Bathrooms Full-Lower Level 1-2, Bedrooms-Upper Level 2-1, Bedrooms-Upper Level 2-2, Bathrooms Full-Upper Level 2-1, Bathrooms Full-Upper Level 2-2
  • # Bathrooms Full: 11
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 65.00 x 60.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 3748093
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 8
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Cape May County Association of REALTORS

Property History for 202 Ocean 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 202 Ocean Street

Taxable ValueLand$657,600Additions$857,500Total$1,515,100
Tax Record2022$15,636 ($1,303 / month)
Home Facts
Total Finished SqFt3,565 SqFtAbove Grade Finished SqFt3,565 SqFtStories3Lot Size3,899 SqFtStyleMulti-Family Res (5+ Units)ZoningR-SCountyCAPE MAYAPN02 01049-0000-00004

Schools near 202 Ocean 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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202 Ocean Street is a single family home for sale in Cape May, NJ 08204. This property was listed for sale on September 13, 2023 by Long & Foster Real Estate, Inc., it's currently listed at $4,950,000. 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. 202 Ocean Street is a 13-bed, 11-bath, single family home built in 1890.

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 Long & Foster Real Estate, Inc.

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.