For Sale: 1018 Stockton, Cape May, NJ 08204 | MLS# 178563

A True Cape May Beauty!! At more than…

9 Beds
6 Baths

For Sale: 1018 Stockton, Cape May, NJ 08204 | MLS# 178563

A True Cape May Beauty!!  At more than 4200 square feet, this fully renovated 9 bedroom, 6 bath home is just steps from the beach and boasts ocean views from multiple rooms. This fully restored house is currently utilized as a single family home and includes 3 fully functioning kitchens and 3 dining areas that allows many options for this property. Approaching the front door you will be greeted by a large covered front porch (1 of 3 decks & porches) perfect for enjoying time with family and friends. Stepping inside on the first floor you will find 4 bedrooms & 3 baths, including 3 king BR’s, 2 with private baths, a bunk BR, 1 of 2 laundry facilities, a large living room with a functioning wood fireplace, 2 fully equipped kitchens both with dining areas and ocean views. The second floor offers 5 bedrooms, 3 baths, a fully equipped kitchen, dining area, sitting area w/2 sectional sofas and a covered rear deck with ocean views. There is also 3 zone gas forced hot air heat and central air conditioning, 3 hot water heaters, new plumbing, a new roof, reconstructed windows, 2 enclosed outside showers, off street parking for 4 cars on a cobblestone paver driveway and a full 2100 square foot walk out basement. This property has an excellent rental history generating   $170,000+ per year in gross revenues, all documented. The 2018 peak rental rate is $11,500 and a full rental schedule is available. Rentals currently in place for the 2018 season already exceed $174,000 with the possibility for additional income.  Note the current owner only rents May through October.  Additional revenue can be obtained by expanding the rental opportunities.  This property is a MUST SEE as it is being conveyed fully furnished with many extras and is turn key.


Listing information courtesy of JERSEY CAPE REALTY.

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  • Price: 1,775,000
  • MLS Number: 178563
  • Outside Features: Deck, Enclosed/Covered Patio, Grill, Fenced Yard, Cable TV, Sidewalks
  • Exterior: Shingle
  • Parking: 4 car parking
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, 1st Floor Master Bedroom
  • Interior Features: Wood Flooring, Smoke/Fire Alarm, Storage, Fireplace- Wood, Tile Flooring
  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Also Included: Drapes, Curtains, Rugs, Furniture, Window Treatments
  • Basement: Full, Outside Entrance, Inside Entrance
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Cooling: Central Air Condition, Multi Zoned
  • Hot Water: Electric
  • Water: City
  • Sewer: City
  • Location: Beach Block, Island, Water View
  • Lot Size: 47 x 122
  • Taxes: 9010.61
  • Block Number: 1095