1083 Seashore Rd Cape May, NJ 08204
Estimated payment $7,224/month
Highlights
- Sun or Florida Room
- Interior Lot
- Laundry Room
- Breakfast Area or Nook
- Living Room
- Forced Air Heating System
About This Home
This fantastic opportunity is available now. Close to Cape May in a quiet yet accessible neighborhood, this expansive property is for homeowners and developers alike. This pre-existing non-conforming home exudes charm and character, boasting generous square footage that allows endless options for customization. The layout features multiple rooms with high ceilings, abundant natural light. The property includes an expansive yard, perfect for outdoor living spaces, gardens, or parking needs. While the home requires renovation, its bones remain strong, with a solid foundation ready to support modern upgrades. Updates include a tankless, on demand water heater, a new deeper high capacity well and two new septic systems, one for the main house and a second for the rear apartments. Updated bathrooms and a washer and dryer in each unit. The current property is configured as follows: The main house lower level has 4 bedrooms and 2 full baths. There is a large eat-in kitchen, dining area and expansive living room. A very large sun porch is on the side of the house. As you head down the hallway off the kitchen are the two additional bedrooms and a laundry room. The second floor apartment has a private entrance on the left side of the front house with a living room area, kitchen, 2 bedrooms and full bath. The front house can easily be converted to a single family. The garage has been re-fitted into 2 apartments prior to the current seller's purchase. Both the 2nd floor apartment and downstair apartment are 1 bedroom 1 bath units. The second floor has recently been remodeled. This could offer a lucrative opportunity in the rental market or a chance to establish a community-oriented housing solution. This spacious residence presents a valuable opportunity for those with vision, especially with the new winery going in across the street! The main floor is rented annually for $2,700 a month, including utilities. The upstairs apartment is a summer lease for $2,700 with utilities included. The garage apartments are both rented year-round. The lower level for $1,250 with utilities and upstairs at $1,200 per month with utilities.
Listing Agent
Janice Conwell
HOMESTEAD REAL ESTATE CO. INC. Listed on: 06/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,771
Year Built
- Built in 1930
Lot Details
- Interior Lot
- Cleared Lot
Parking
- 3 Parking Spaces
Home Design
- Quadruplex
Interior Spaces
- 3,710 Sq Ft Home
- Partially Furnished
- Living Room
- Sun or Florida Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Natural Gas
- Private Water Source
- Gas Water Heater
- Private Sewer
Community Details
- 4 Units
Listing and Financial Details
- Legal Lot and Block 1.01 / 759
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $6,771 | $346,200 | $204,900 | $141,300 |
2024 | $6,771 | $346,200 | $204,900 | $141,300 |
2023 | $6,671 | $346,200 | $204,900 | $141,300 |
2022 | $6,459 | $346,200 | $204,900 | $141,300 |
2021 | $6,259 | $346,200 | $204,900 | $141,300 |
2020 | $6,155 | $346,200 | $204,900 | $141,300 |
2019 | $5,995 | $346,200 | $204,900 | $141,300 |
2018 | $5,847 | $346,200 | $204,900 | $141,300 |
2017 | $5,854 | $346,200 | $204,900 | $141,300 |
2016 | $5,760 | $346,200 | $204,900 | $141,300 |
2015 | $5,566 | $346,200 | $204,900 | $141,300 |
2014 | $5,376 | $346,200 | $204,900 | $141,300 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/09/2025 06/09/25 | For Sale | $1,250,000 | +66.7% | $337 / Sq Ft |
12/18/2024 12/18/24 | Sold | $750,000 | -16.7% | $294 / Sq Ft |
08/02/2024 08/02/24 | Pending | -- | -- | -- |
07/16/2024 07/16/24 | Price Changed | $899,900 | -10.0% | $353 / Sq Ft |
07/02/2024 07/02/24 | Price Changed | $999,900 | -8.7% | $393 / Sq Ft |
06/09/2024 06/09/24 | Price Changed | $1,095,000 | -8.4% | $430 / Sq Ft |
05/22/2024 05/22/24 | Price Changed | $1,195,000 | -4.4% | $469 / Sq Ft |
04/26/2024 04/26/24 | For Sale | $1,250,000 | -- | $491 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Bargain Sale Deed | $750,000 | Shore Title | |
Bargain Sale Deed | $750,000 | Shore Title | |
Bargain Sale Deed | $750,000 | Shore Title | |
Deed | $10,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $600,000 | New Conventional | |
Closed | $600,000 | New Conventional | |
Previous Owner | $10,000 | Credit Line Revolving |
Source: Cape May County Association of REALTORS®
MLS Number: 251676

APN: 05 00759-0000-00001- 01
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