243 87th St Stone Harbor, NJ 08247
Estimated payment $26,316/month
Highlights
- In Ground Pool
- Property near a bay
- Deck
- Stone Harbor Elementary School Rated A
- Island Location
- Cathedral Ceiling
About This Home
**Introducing 243 87th Street: Coastal Elegance Meets Investment Opportunity in Stone Harbor** Discover this exceptional 5-bedroom, 5 full and 2 half-bath upside-down style home, ideally located just two blocks from the bay and moments from the beach. Crafted by renowned Ed McFalls Custom Homes, this stunning residence showcases premium craftsmanship and high-end materials, making it one of Stone Harbor’s most desirable properties. Upon entering, you are welcomed by stylish vinyl flooring that beautifully mimics hardwood, creating an inviting atmosphere. The open living, dining, and kitchen area is bathed in natural light, perfect for entertaining. The gourmet kitchen is a chef's dream, featuring quartz countertops, a subway tile backsplash, high-end stainless-steel appliances, and dual dishwashers. Each spacious bedroom includes its own en-suite bathroom with custom tile work, ensuring privacy and sophistication. Additional living spaces comprise a recreation/family room, laundry room, and ample storage, providing comfort and convenience. The outdoor area is a private oasis, complete with an in-ground pool, cabana, grill area, and sun-soaked decks, ideal for gatherings or relaxation. The covered front porch invites you to unwind in pleasant surroundings. A standout feature of this home is the spectacular third-floor rooftop deck (AKA -“The Pilot House”), offering a generous lounge area and a wet bar equipped with a beverage refrigerator. Enjoy breathtaking panoramic views of the town and bay—perfect for watching sunrises or savoring sunsets under the stars. With a 3-car concrete driveway, multi-zoned HVAC, and low-maintenance Fiber-Board Plank Siding, this home is designed for durability and ease. Positioned on the sunny south side of the street, it benefits from full afternoon sun, ideal for enjoying the pool area. Its prime location provides easy access to Stone Harbor’s vibrant downtown, featuring top-rated restaurants, charming shops, local parks, and recreational facilities. This property also presents an outstanding investment opportunity, with proven rental potential attracting visitors seeking a luxurious vacation experience in one of the Jersey Shore's most sought-after locations. Plantation shutters throughout the bedrooms enhance privacy and add elegance. Whether you seek a serene getaway, a full-time coastal residence, or a top-performing rental investment, 243 87th Street offers unmatched quality, comfort, and location. Don’t miss out—contact us today for more information and to schedule your private showing! Your dream coastal lifestyle awaits in Stone Harbor.
Open House Schedule
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Thursday, September 18, 202510:00 am to 2:00 pm9/18/2025 10:00:00 AM +00:009/18/2025 2:00:00 PM +00:00Add to Calendar
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Friday, September 19, 202510:00 am to 2:00 pm9/19/2025 10:00:00 AM +00:009/19/2025 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,361
Year Built
- Built in 2023
Lot Details
- Lot Dimensions are 50' x 110'
- Fenced Yard
- Interior Lot
- Sprinkler System
Home Design
- Upside Down Style Home
Interior Spaces
- 2,716 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Plantation Shutters
- Living Room
- Dining Area
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- 3 Car Garage
- Driveway
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Property near a bay
- Deck
- Patio
- Outdoor Storage
- Outdoor Grill
- Porch
Location
- Island Location
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Water Heated On Demand
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 96 / 87.03
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 | $15,362 | $2,053,700 | $1,040,000 | $1,013,700 |
| 2024 | $15,362 | $2,053,700 | $1,040,000 | $1,013,700 |
| 2023 | $7,644 | $1,040,000 | $1,040,000 | $0 |
| 2022 | $7,197 | $1,040,000 | $1,040,000 | $0 |
| 2021 | $7,966 | $1,214,800 | $1,040,000 | $174,800 |
| 2020 | $7,410 | $1,214,800 | $1,040,000 | $174,800 |
| 2019 | $6,961 | $1,214,800 | $1,040,000 | $174,800 |
| 2018 | $6,706 | $1,214,800 | $1,040,000 | $174,800 |
| 2017 | $6,009 | $1,082,700 | $832,000 | $250,700 |
| 2016 | $5,792 | $1,082,700 | $832,000 | $250,700 |
| 2015 | $5,684 | $1,082,700 | $832,000 | $250,700 |
| 2014 | $5,608 | $1,082,700 | $832,000 | $250,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $4,699,000 | +123.8% | $1,730 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | $2,100,000 | -4.3% | -- |
| 09/21/2021 09/21/21 | Pending | -- | -- | -- |
| 09/17/2021 09/17/21 | For Sale | $2,195,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,100,000 | None Available | |
| Deed | $1,500,000 | None Available | |
| Deed | $191,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Cape May County Association of REALTORS®
MLS Number: 251551
APN: 10-00087-03-00096
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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