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.
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
Owner options
What's special
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#: 252459
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
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$810,200
2% more+$16,204
With Zillow Showcase(estimated)$826,404