933 Washington Street

933 Washington Street

Cape May, NJ 08204

$2,980,000
Price
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a bedroom with a bed and a chandelier
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a kitchen with stainless steel appliances granite countertop a refrigerator a stove a sink and dishwasher
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a living room with furniture and a wooden floor
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Description

An “extremely flexible opportunity” that doesn’t come along very often! The historic Thomas Webster House, built in 1876, prominently located at the corner of Washington Street and Madison Avenue is now available. An ideal elevated location with easy access to Madison Avenue beach, the Washington Street Mall and many fine restaurants. This fabulous property is currently operating as four seasonal rental apartments with spacious Owners Quarters. But, because of its unusual flexibility, some alternate...An “extremely flexible opportunity” that doesn’t come along very often! The historic Thomas Webster House, built in 1876, prominently located at the corner of Washington Street and Madison Avenue is now available. An ideal elevated location with easy access to Madison Avenue beach, the Washington Street Mall and many fine restaurants. This fabulous property is currently operating as four seasonal rental apartments with spacious Owners Quarters. But, because of its unusual flexibility, some alternate uses include conversion back to a magnificent single-family vacation home, a condominium conversion to five units or rental of all five units to increase your income even more. Also can be utilized in any number of combinations, increasing or decreasing the size of the Owners Quarters as needed over the years. The front of this stately Victorian home is situated a comfortable distance from quiet tree lined Washington Street and framed by a coordinating and historically correct custom built picket fence. Also surrounding the house are beautiful gardens admired by passersby for their restful beauty. The spacious driveway/parking is accessed from Madison Avenue and will accommodate six vehicles hidden from view. All of the apartments are accessed from the rear through dedicated entrances and sun decks. A very private fenced outdoor oasis can also be found behind the house and the custom outdoor shower/bath must be seen to be believed. Even more amazing outdoor living is provided by the large shaded front porch with newly refreshed awnings. As you enter the first floor Owners Quarters you will enjoy ten-foot ceilings in the two large front rooms featuring restored plaster ceiling medallions and crown moldings, picture rail, vintage lighting and the original paint scheme. One of these rooms is the large dining room accessed directly from the kitchen with doors opening to the front porch and enclosed side porch. The other is the large Victorian parlor with a tall bay window where you can relax as the trolleys pass by. Your Owners Quarters master bedroom is large and includes a five-window bay and there is a second bedroom in this magical space. Conveniently located across the hall is a large tiled full bath and separate laundry room. A large bright tiled kitchen and two large closets complete your private space. Also located on the first floor you will find the Garden Suite a spacious self-contained one-bedroom apartment. This cozy apartment includes a large king-sized bedroom with pocket windows overlooking the gardens, full bath, closets, sitting room and charming kitchen accessed from a private deck, wow! On the second floor you will find two spacious two-bedroom apartments with private tiled bathrooms, sitting/living rooms, and kitchens both accessed from their own private decks. Yes, there is more, an additional two-bedroom apartment which occupies the entire third floor. The Captains Quarters features a private bath with mahogany ceiling, large living space, eat-in kitchen and two bright bedrooms with delightful sea breezes. Some other features of the property include an outdoor storage shed, beach chair box, security and fire alarm system, individual electric and gas meters. The house contains approximately 4,488 square feet of living space (per the city tax assessor’s records). The large, over size lot size contains close to 15,000 square feet, or roughly a third of an acre. The building’s architectural style is designated as French Second Empire with Mansard Style Roof. The building contains three levels over a half daylight partial basement. The current configuration of the building is as follows: 2 units on the first floor (a 2 bedroom, 1 bath Owner’s quarters and a 1 bedroom, 1 bath apartment), 2 units on the second floor (both 2 bedroom, 1 bath apartments) and 1 unit on the third floor (a 2 bedroom, 1 bathroom apartment).
  1. Listed by James M. Cheney • JERSEY CAPE REALTY

Property Details for 933 Washington Street

MLS #
240688
DOM
3
Approx Year Built
1876
Class
MULTI-FAMILY
Location
Corner
Sale/Rent
For Sale
Type
Apartment

Location

Listing Courtesy of JERSEY CAPE REALTY
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LISTING UPDATED: 03/11/2024 10:15 AM

Property Details for 933 Washington Street

StatusActive
MLS #240688
Days on Market52
Taxes$9,958 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Apartment
Year Built1876
Lot Size0.00 AC / 0 SF
CountyCape May County

Location

Listing Courtesy of JERSEY CAPE REALTY
Add your commute

Building Information for 933 Washington Street

Stories-Residences-Year Built1876Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$17,093 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,263

Property Taxes

$830

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 933 Washington Street

Summary
Location and General Information
  • Area: Cape May
  • Suitable For: Condo Conversion,Other (See Remarks)
  • Address Number: 933
  • Near: Mall, School, Beach
  • Address Search Number: 933.0
  • Address Street: Washington
  • City: Cape May
  • Street Designation: Street
  • Address: 933 Washington Street
  • Status: ACTIVE
  • Zoned: R-3
  • State: NJ
  • Zip: 08204
  • Status Detail: 0
Taxes and HOA Information
  • Taxes: $9,957.77
  • Tax Year: 2022
Parking
  • Parking: Stone Driveway
Property
Lot Information
  • Lot Size: 15,000+/-
  • New Construction Y/N: No
  • Possession: Closing
  • Lot Number: 14
  • Block Number: 1094
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Natural, Radiator, Hot Water
  • Cooling: Other
  • Hot water: Gas
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Total # of Baths: 5
  • Total Rent: Var.
  • Total # of Lavs: 0
  • Total # of Beds: 9
  • Number of Units: 5.0
  • Basement: Partial

Property History for 933 Washington 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 933 Washington Street

Taxable ValueLand$490,200Additions$474,700Total$964,900
Tax Record2022$9,958 ($830 / month)
Home Facts
Total Finished SqFt5,028 SqFtAbove Grade Finished SqFt5,028 SqFtStories3Lot Size11,622 SqFtStyleMulti-Family Res (5+ Units)Year Built1875ZoningR-3CountyCAPE MAYAPN02 01094-0000-00014

Schools near 933 Washington Street

This home is within Lower Cape May Regional School District.
Rating
School
Type
Grades
Distance
Cape May City Elementary School
Public - PK to 6
Richard M Teitelman School
Public - 7 to 8
Lower Cape May Reg High School
Public - 9 to 12
Our Lady Star of Sea School
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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More information about 933 Washington Street, Cape May, NJ 08204

933 Washington Street is a multi-family home for sale in Cape May, NJ 08204. This property was listed for sale on March 8, 2024 by JERSEY CAPE REALTY, it's currently listed at $2,980,000. 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. 933 Washington Street is a 0-bed, 0-bath, multi-family home built in 1876.

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.