509 Pearl Avenue Cape May Point, NJ $ 899,000
509 Pearl Avenue
$ 899,000
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509 Pearl Avenue

Cape May Point, NJ, 08212
$ 899,000
Bedrooms3 Baths1.1 Sq 1,088

Monthly Estimate*

$ 6,280

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Condo for sale in Cape May Point, NJ

for $899,000 with 3 bedrooms and 1 full bath, 1 half bath. This condo is 1,088 square feet.

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. 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. The homeowners are in the process of installing mini splits for heating and air conditioning. 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. exterior photos being updated as we just had a new roof put on.

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Condo Active

Price

$ 899,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 3,107

Style

Condo

Town/City

Cape May Point

County/Region

Cape May

MLS | Web ID

241047

Features
General
Heating Electric Split
Cooling Ceiling Fan Split
Water City
Full Baths 1
Parking No Driveway
Other Rooms Living Room Kitchen Dining Area Laundry/Utility Room
Pet Friendly Owners allowed pets
Type Condo
SEASONAL/YEAR ROUND YEAR ROUND USAGE
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Interior
Beds 3
Appliances Included Oven Refrigerator Washer Dryer Dishwasher Smoke/Fire Detector
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* Excluded Features
List By
Carol A. Menz,GRI,CRS,ABR,SFR

Listing Agent

Coastline Realty, Llc

Broker

CarolMenz@CoastlineRealty.com

Email

Affordability Calculator

$6,539
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,280
Monthly Property Taxes
$259
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$899,000 Listed Price

Map


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509 Pearl Avenue, Cape May Point, NJ, 08212 is a Condo for sale at $899,000 with 1,088 sqft. 509 Pearl Avenue has 3 bedrooms and 1.1 baths. The property's zip code is 08212 which is in Cape May Point, NJ