1252 Lafayette St Cape May, NJ 08204
Estimated payment $5,631/month
Highlights
- Very Popular Property
- Deck
- Furnished
- Island Location
- Corner Lot
- Screened Porch
About This Home
Charming Cape May Duplex Turnkey - Fully Furnished! Own a piece of Olde Cape May with this beautifully maintained duplex located on Historic Lafayette Street across from Roseman’s Marina. Whether you’re looking for a second home, a savvy investment, or a chance to live on the island full-time while generating passive income — this is the one. Two units, both currently featured as summer and fall rentals, will move you into town with multiple options for continued use of the property. The main house features 2 comfortable, well-sized bedrooms (one with a Queen sized bed and one with two twin beds) and an updated full bathroom with tub/ shower combo which was remodeled less than 5 years ago. Plenty of room for cooking in the kitchen and dining for 6 in the dining room which flows into the living area. Sit on the enclosed front porch in any season to enjoy the sunsets from Roseman’s Marina. Plenty of storage for bikes, beach chairs, and beach toys on the first level – and they come with the sale too! Bright and functional layout for long or short stays. The garage apartment was remodeled in 2025 with decorative white and gold finishes. It includes a queen bed, new tiled bath with large shower, full kitchen and a laundry room. There is a private entrance and is perfect for a rental, guest suite or a home office. More storage space is available on the first floor. Both units come fully furnished and stocked with everything you need, making them completely move-in ready. Together, they brought in over $60,000 in rental income in 2025. Inquiries have been received for 2026, but no rentals are in place pending decision of the new owners. Off street stacked parking enough for 4 cars. Worth its weight in gold in Cape May! Live in one unit and rent out the other or rent both. Close to town, close to beaches, close to the marina area and close to the restaurants on the Lower Township causeway, this turnkey duplex is an unheard of find on the island — offering charm, flexibility, and an unbeatable location. Whether you're an investor or looking for your own slice of island life, this fully turnkey duplex delivers it all!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,700
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 50x100
- Corner Lot
Parking
- 2 Parking Spaces
Home Design
- Duplex
Interior Spaces
- Furnished
- Drapes & Rods
- Blinds
- Living Room
- Dining Room
- Screened Porch
- Storage Room
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Separate Water Meter
- Electric Water Heater
- Cable TV Available
Additional Features
- Deck
- Island Location
Community Details
- 2 Units
Listing and Financial Details
- Legal Lot and Block 22 / 1129
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 | $3,700 | $350,000 | $226,200 | $123,800 |
| 2024 | $3,700 | $350,000 | $226,200 | $123,800 |
| 2023 | $3,759 | $350,000 | $226,200 | $123,800 |
| 2022 | $3,612 | $350,000 | $226,200 | $123,800 |
| 2021 | $2,716 | $350,000 | $226,200 | $123,800 |
| 2020 | $3,395 | $350,000 | $226,200 | $123,800 |
| 2019 | $3,455 | $350,000 | $226,200 | $123,800 |
| 2018 | $3,259 | $350,000 | $226,200 | $123,800 |
| 2017 | $3,094 | $350,000 | $226,200 | $123,800 |
| 2016 | $2,912 | $350,000 | $226,200 | $123,800 |
| 2015 | $3,028 | $350,000 | $226,200 | $123,800 |
| 2014 | -- | $413,200 | $272,000 | $141,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $999,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Cape May County Association of REALTORS®
MLS Number: 252923
APN: 02-01129-0000-00022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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