202 Ocean Street

Cape May, NJ
$ 4,900,000 Beds 13 Baths 11
Monthly Estimate* How much can I afford?

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 recent 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.

Single Family

  • Price
  • $ 4,900,000
  • Lot Size
  • Bedrooms
  • 13
  • Full Bathrooms
  • 11
  • Year Built
  • 1890
  • Half Bathrooms
  • 0
  • City, Zip
  • Cape May
  • Taxes
  • $ 15286
  • County
  • CAPE MAY
  • Style
  • Three Story
  • Area
  • Cape May
  • MLS#
  • 213198
  • Zip
  • 08204
Listing Provided by: LONG & FOSTER REAL ESTATE, INC cm
Data Source: Cape May County MLS (CMCAR) - 26 - NJ

Features

General

Basement Finished, Full, Inside Entrance, Masonry Floors/Wall, Outside Entrance, See Remarks
Cooling Other Air Conditioning
Exterior Features Cable TV, Outside Shower, Patio, Porch, Sidewalks
Heating Gas Natural
Interior Features Fireplace- Gas, Security System, Tile Flooring, Wood Flooring
Sewer City
Type Single Family
Water City
Zoning R-S

Interior Features

Appliances Included Dryer, Microwave Oven, Refrigerator, Self-Clean Oven, Washer
Hot Water Gas- Natural

Exterior Features

Exterior Wood
House Color Blue
Parking/Garage Concrete Driveway, See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/29/2021 Listed $4,900,000

Property vs Zip Code Average in 08204

Price
AVG $950K
$4.9M
Taxes
AVG $25,155
$15,286
Visits
AVG 56
105
Year Built
AVG 1960
1890
Walkscore
AVG 33
80
Data Provided by Walkscore ® not using MLS data

Map

202 Ocean Street Cape May, NJ is a Single Family Home for sale at $4900000 and a lot size of Acre(s). 202 Ocean Street Cape May has 13 bedrooms, 11 baths and was built in 1890. The property's zip code is 08204 which is in Cape May, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.