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Property view

509 Pearl Avenue, 
Cape May Point, NJ 08212

$665,000


3

Beds


1

Bath


1,088

Sq Ft


Condo

Sold

Listed by

Carol A. Menz,Gri,Crs,Abr,Sfr

Tai Menz

Coastline Realty, LLC.

609-884-5005

MLS#

241047

Source:

NJ CMCAR

Sorry, we are unable to map this address

About This Home

509 Pearl Avenue

Welcome to 509 B Pearl Avenue in Cape May Point. This historic 1876 residence, situated just across from the beach with incredible privacy on beach and beautiful private sunsets, has been divided into two condominiums. Access to the beach is provided via a natural path through the dunes, conveniently located across the street. Motivated Sellers. Unit B occupies the second and third floors and boasts an open living room, kitchen, one queen-sized bedroom, bathroom, and laundry closet. The third floor hosts a spacious master bedroom with a half bathroom and scenic nature and water views. Outdoor amenities include a deck overlooking Pearl Avenue, an outdoor shower, and storage space. Explore the numerous attractions of Cape May Point, including the beach, lighthouse, nature trails, and more. Easy viewing available. Additional details can be found in the Associated Documents. Each unit in the front home incurs approximately $5,170 in annual expenses, covering condo insurances (around $1,105), (water and sewer $950), flood insurance ($1,615.50), and landscaping (approximately $1500). Condo fee is yearly not monthly. Unit B share of the condo insurance reflects a split between all three condos (back cottage) and flood insurance is split only with unit downstairs as back cottage pays their own flood insurance. The water bill we split that quarterly with unit downstairs. All three units split the landscape costs. Easy to show call today. If sleeping 10 you could possible get $2800 a week for rentals. Sellers are motivated and will review all offers

Home Facts

Condo

1 Bath

3 Bedrooms

Built in 1876

Price Summary

750,000

$689 per Sq. Ft.

MLS #:

241047

Sold:

November 1, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,088 Sq. Ft.


Structure

Structure

Building Area:

1,088 Sq. Ft.

Year Built:

1876


Finances & Disclosures

Finances

Price:

$750,000

Price per Sq. Ft:

$689 per Sq. Ft.

Source:NJ CMCAR
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