1520 New Jersey Avenue, Cape May, NJ 08204
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1520 New Jersey Avenue,Cape May, NJ 08204
$539,000
- 1 Beds
- 1 Baths
- 532 sq. ft.
- Condominium
- Active
Listed by: cody menz
Office: coastline realty, llc.
MLS#:253340
Source:NJ_CMCAR
Price summary
- Price:$539,000
- Price per sq. ft.:$1,013.16
About this home
Summer 2026 is closer than it looks, and this is your chance to secure a beach block updated condominium unit within the sought-after Cape Roc Condos before the seasonal rush begins! This first-floor, one-bedroom, one-bathroom unit offers the perfect blend of relaxation and convenience with Cape May’s pristine beaches conveniently nearby. Step inside to find a turnkey, move-in-ready space, sold fully furnished to ensure immediate enjoyment. The efficient floorplan features a rear bedroom with two beds, ample storage space, and a south-facing window with excellent natural lighting. A full bathroom with a shower/tub combo is centrally located between the bedroom and the main living space. The main living space features a dining area, a full kitchen, an entertainment space, and additional sleeping capacity via a pullout sofa and daybed. Cape Roc Condominiums provide an array of desirable amenities, including a heated swimming pool, on-site gas grills, dedicated off-street parking, spacious patios for outdoor enjoyment, and secure bike racks. Imagine savoring ocean breezes while grilling poolside or embarking on an evening bike ride to Cape May's vibrant downtown, filled with exquisite restaurants and unique shops. This well-maintained unit offers an exceptional investment opportunity, boasting a strong rental history dating back to 2022. Peak summer weeks command up to $2,200 per week in rent, and the property achieved an estimated $21,910 Gross Rental Income in 2025. This flexibility allows for personal use, rental income, or a perfect blend of both. Condo fees are reasonable at $1,125 paid quarterly, covering hot and cold water, exterior maintenance, pool upkeep, main building property insurance, and trash/recycling services. The shared on-site laundry rooms for Cape Roc were recently updated and are conveniently located on each level. Owners are responsible for electric, cable, and internet for their condo unit. The community is pet-friendly for owners, but renters are not permitted to bring pets. There is a one-time capital contribution fee of $1,125 and a $250 condo association package for new unit owners. There is a special assessment approved for 2026 to fund capital improvements, specifically replacing the elevators and installing new railings. The assessment is equivalent to four months of each unit's regular condo fees. For Unit 117, this total assessment equals $1,500 and an extra $375 will be due with each quarterly condo fee starting Q1 2026. Act now to have your keys in hand before the first warm weekend of the year—this paradise won't stay on the market long. Schedule your showing today to beat the summer crowd! Take a 3D Walkthrough Tour here: https://my.matterport.com/show/?m=UGmA49S6HAN&mls=1
Contact an agent
Home facts
- Year built:1970
- Listing ID #:253340
- Added:90 day(s) ago
- Updated:February 10, 2026 at 03:24 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:532 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan, Central Air
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1970
- Building area:532 sq. ft.
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$539,000
- Price per sq. ft.:$1,013.16
- Tax amount:$2,223
New listings near 1520 New Jersey Avenue
- Open Sat, 11am to 1pmNew
$600,000Active3 beds 1 baths105 Keyport Road, Cape May, NJ 08204
MLS# 260312Listed by: HOF REALTY - New
$695,900Active2 beds 1 baths750 sq. ft.1351 D Illinois Avenue, Cape May, NJ 08204
MLS# 260307Listed by: DESATNICK REAL ESTATE LLC - LOWER TOWNSHIP
$619,000Active3 beds 2 baths1,055 sq. ft.300 Eldredge Ave, CAPE MAY, NJ 08204
MLS# NJCM2006690Listed by: EXP REALTY, LLC
$20,000Active3 beds 1 baths709 Us 9 Unit 318, CAPE MAY, NJ 08204
MLS# NJCM2006686Listed by: HOMESMART FIRST ADVANTAGE REALTY
$724,900Active2 beds 2 baths750 sq. ft.1351 Virginia Ave Ave, Cape May, NJ 08204
MLS# 604121Listed by: KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE- Open Sat, 11am to 1pm
$724,900Active2 beds 1 baths750 sq. ft.1351 Virginia Avenue, Cape May, NJ 08204
MLS# 260161Listed by: KELLER WILLIAMS ATLANTIC SHORE
$479,900Active2 beds 1 baths1,504 sq. ft.217 Mindy, CAPE MAY, NJ 08204
MLS# NJCM2006646Listed by: EXP REALTY, LLC
$1,400,000Active2 beds 2 baths927 Beach Ave, Cape May, NJ 08204
MLS# 260153Listed by: COLDWELL BANKER SOL NEEDLES REAL ESTATE
$690,000Pending6 beds 2 baths2,391 sq. ft.1601 Franklin Ave, CAPE MAY, NJ 08204
MLS# NJCM2006630Listed by: EXP REALTY, LLC
$987,000Active2 beds 1 baths840 sq. ft.9 Jackson Street, Cape May, NJ 08204
MLS# 260069Listed by: COASTLINE REALTY, LLC