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Sold for $810,000 on 11/20/25
  • $810,000

    523 Lafayette St #2, Cape May, NJ 08204

    2beds
    925sqft
    Condominium
    Built in 1930
    -- sqft lot
    $810,200 Zestimate®
    $876/sqft
    $1,923 Estimated rent

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    What's special

    Welcome to 523 Lafayette Street, Unit 2. With an unbeatable location in the heart of Cape May, this charming 2-story condominium with a private rooftop deck and outdoor shower offers everything you could want in a beach retreat, year-round residence, or proven vacation rental. This condo features 2-bedrooms and 1 full bathroom, and off street parking for 2 cars. Just 3 blocks to some of the finest beaches on the East Coast and only steps from the Washington Street Mall, you’ll be surrounded by world-class dining, boutique shopping, and endless entertainment, including Cape May Stage. Rotary Park, home to free summer concerts and Cape May’s famous Christmas tree, is also just down the street. Unit #2 is located on the second and third floors of a classic Cape May Victorian building. Outdoor stairs lead to a welcoming entry foyer and gleaming hardwood floors that flow throughout. The main level includes the Primary bedroom, beautifully renovated bathroom, laundry area, sunny galley kitchen with quartz counters, and a bright living/dining area. The Upper level finds a spacious second bedroom with both queen and twin beds, plus your own private rooftop deck—the perfect spot for morning coffee, afternoon sun, or evening cocktails at sunset. Parking is never a concern here—this home comes with two off-street, reserved stacked parking spots so you’ll never have to “feed the meters.” Recent Upgrades include New sectional living room sofa, New queen and twin beds, Newer full HVAC system (furnace & compressor), Newer natural gas tankless water heater, Quartz countertops, Refinished hardwood floors, Fresh paint throughout (entire building repainted in 2022), Deck recently sealed. Investment Opportunity: This well-maintained Victorian holds just three units (one commercial, two residential) and unit 2 has a low annual condo fee of $2,000. A strong rental history: Averaging $50,000–$70,000 per year since 2018, Airbnb ranks this condo among the top-performing rentals in Cape May, averaging $799 per night in high season. Do not miss this opportunity to own a turn-key property in the heart of Cape May, with historic charm, modern updates, off street parking for two cars, and a rooftop deck all just steps from the beach and Washington Street Mall. Add this special property to your must-see list! Home is offered fully furnished, less artwork. Just bring your suitcase and enjoy Cape May! Property can be shown after 11 am on August 24 and August 31. Showings in September: 2-4; 7-10; 14-19; 21-26; 28-30.

    Zillow last checked: 8 hours ago

    Listing updated: November 20, 2025 at 11:39am

    Listed by:

    Laurie Schiffelbein 609-408-2021,

    Tim Kerr Sotheby's International Realty

    Bought with:

    Non-Member Non-Member

    Non Member

    Source: CMCAOR,MLS#: 252459MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Entrance Foyer
    • Flooring: Hardwood
    • Windows: Curtains, Blinds
    • Furnished: Yes
    • Common walls with other units/homes: No One Above
    Interior area
    • Total interior livable area: 925 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car, Assigned
    Features
    • Levels: Two
    • Entry location: Top Floor
    Lot
    • Features: Corner Lot
    Details
    • Parcel number: 02010530000000110000C2

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & neighborhood

    Community
    • Community features: Other
    Location
    • Region: Cape May

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $2,000 annually

    Other

    Other facts
    • Available date: 08/22/2025
    Sell for more on Zillow
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    $810,200
    2% more+$16,204
    With Zillow Showcase(estimated)$826,404