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$397,000   Price Analysis
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524 Route 47 S
Cape May, NJ 08204
3 bed 1 bath 1,485 SqFt ($267/SqFt)
0.3 acre lot. Built 1954
Listed 2024-05-05, Taxes $3,249
USDA Eligible
near Cape May, NJ
 

Charming Single Family Home with Commercial Potential Near Wildwood and Cape May Beaches!

Discover the perfect blend of coastal living and commercial potential with this inviting single-family home, mere minutes way from the sun-soaked beaches of Wildwood and Cape May. Boasting a prime location, this residence offers not a delightful living space but also a fantastic opportunity for commercial endeavors , thanks to its versatile commercial zoning. Inside, the home features two big bedrooms, the large family room is perfect for entertaining, offering a welcoming atmosphere for gatherings and creating lasting memories.

The heart of the home, the generously sized kitchen, is a tremendous place to gather. Step outside to discover exceptional gardens that surround the property, creating a tranquil setting for outdoor enjoyment. This home is equipped with storage sheds, cozy sunroom and seven parking spaces. Beyond its residential appeal, this property holds incredible commercial potential with its zoning. Explore the possibilities of turning a portion of the space into a home office, boutique shop or another venture of your choosing. Embrace the Coastal lifestyle and the proximity to Wildwood and Cape May beaches. Don't miss out on this unique offeringschedule your showing today!


Presented by Douglas Newbold at
Newbold Real Estate Co.
Listing Agent Photo

Property MLS #NJCM2003462 from BrightMLS

Bedrooms: 3

Total Bathrooms: 1
Full Bathrooms: 1

Refrigerator
Washer
Dryer
Dishwasher
Oven - Single

Cooling Features: Ceiling Fan(s), Ductless/Mini-Split
Heating Features: Baseboard - Electric
Heating: Yes

Lot Size Acres: 0.3030303
Lot Size Square Feet: 13199

Parking Features: Concrete Driveway, Crushed Stone, Driveway Spaces: 2
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

High School: MIDDLE TOWNSHIP
Middle School: MIDDLE TOWNSHIP
School District: MIDDLE TOWNSHIP PUBLIC SCHOOLS

Middle Twp Elementary 2 is a public elementary school located approximately 4.4 miles away.
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Middle Township #4 Middle School is a public middle school located approximately 4.8 miles away.
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Middle Twp High School is a public high school located approximately 4.8 miles away.
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Rio Grande Baptist Academy is a private elementary, middle and high school located approximately 1.7 miles away.
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Municipality: MIDDLE TWP
Annual Tax Amount: 3329.0
Source Listing Status: Active
County: CAPE MAY
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: CAPE MAY
Source Neighborhood: ////
Postal Code Plus 4: 5112
Subdivision: ////
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$48,300 + $110,200
$158,500
$3,249
2020$48,300 + $110,200
$158,500
$3,176
2019$48,300 + $110,200
$158,500
$3,105
2018$49,600 + $110,200
$159,800
$3,089
2017$49,600 + $110,200
$159,800
$3,020
2016$49,600 + $110,200
$159,800
$2,942
2015$49,600 + $110,200
$159,800
$2,912
2014$49,600 + $110,200
$159,800
$2,886
2013$49,600 + $110,200
$159,800
$2,880
2012$58,400 + $136,400
$194,800
$3,012
2011$58,400 + $136,400
$194,800
$2,893
2010$58,400 + $136,400
$194,800
$2,772
2009$58,400 + $136,400
$194,800
$2,593
2008$58,400 + $136,400
$194,800
$2,480

Listed 2024-05-05
$397,000
BrightMLS
Listed 2024-05-03
$397,000
CapeMay
Listing removed 2024-05-02
$0
BrightMLS
Price Changed 2024-01-30
$397,000
BrightMLS
Listed 2023-12-05
$419,000
BrightMLS

Year Built: 1954
Above Grade Finished Area: 1485
Construction Materials: Frame
Property Age: 70
Levels or Stories: 1
Structure Type: Detached
House Style: Ranch/Rambler
Total Area Sqft: 1485
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.