Sold for $665,000 on 11/01/24
$665,000
509 Pearl Ave #B, Cape May Pt, NJ 08212
3beds
1,088sqft
Condominium
Built in 1876
-- sqft lot
$1,064,100 Zestimate®
$611/sqft
$2,427 Estimated rent
Home value
$1,064,100
$862,000 - $1.32M
$2,427/mo
Zestimate® history
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What's special
Welcome to 509 B Pearl Avenue in Cape May Point. This historic 1876 residence, situated just across from the beach with incredible privacy on beach and beautiful private sunsets, has been divided into two condominiums. Access to the beach is provided via a natural path through the dunes, conveniently located across the street. Motivated Sellers. Unit B occupies the second and third floors and boasts an open living room, kitchen, one queen-sized bedroom, bathroom, and laundry closet. The third floor hosts a spacious master bedroom with a half bathroom and scenic nature and water views. Outdoor amenities include a deck overlooking Pearl Avenue, an outdoor shower, and storage space. Explore the numerous attractions of Cape May Point, including the beach, lighthouse, nature trails, and more. Easy viewing available. Additional details can be found in the Associated Documents. Each unit in the front home incurs approximately $5,170 in annual expenses, covering condo insurances (around $1,105), (water and sewer $950), flood insurance ($1,615.50), and landscaping (approximately $1500). Condo fee is yearly not monthly. Unit B share of the condo insurance reflects a split between all three condos (back cottage) and flood insurance is split only with unit downstairs as back cottage pays their own flood insurance. The water bill we split that quarterly with unit downstairs. All three units split the landscape costs. Easy to show call today. If sleeping 10 you could possible get $2800 a week for rentals. Sellers are motivated and will review all offers
Zillow last checked: 8 hours ago
Listing updated: November 01, 2024 at 12:12pm
Listed by:
Carol A. Menz,GRI,CRS,ABR,SFR 609-374-0325,
COASTLINE REALTY, LLC,
Tai Menz 609-602-8061,
COASTLINE REALTY, LLC
Bought with:
Amanda Riddles, 2187587
HOMESTEAD REAL ESTATE CO. INC.
Source: CMCAOR,MLS#: 241047
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Range, Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Electric Water Heater
- Laundry: Laundry Room
Features
- Eat-in Kitchen, Storage
- Flooring: Carpet, Tile
- Windows: Curtains, Blinds
- Common walls with other units/homes: No One Above,Other (See Remarks)
Interior area
- Total interior livable area: 1,088 sqft
Property
Parking
- Parking features: Other
Features
- Levels: Three
- Entry location: Top Floor
- Waterfront features: Bay Front, Beach Front
Lot
- Features: Beach Block, Cleared, Interior Lot, Island
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- New construction: No
- Year built: 1876
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Deck/Porch, Cable TV, Outside Shower, Other
Location
- Region: Cape May Pt
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $439 monthly
Other
Other facts
- Available date: 04/12/2024
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $665,000-11.3%$611/sqft |
Source: | ||
| 9/30/2024 | Contingent | $750,000$689/sqft |
Source: | ||
| 9/10/2024 | Price change | $750,000-3.2%$689/sqft |
Source: | ||
| 8/18/2024 | Price change | $775,000-1.3%$712/sqft |
Source: | ||
| 7/1/2024 | Price change | $785,000-7.6%$722/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 08212
Nearby schools
GreatSchools rating
- 9/10West Cape May Elementary SchoolGrades: PK-6Distance: 1.8 mi
- 4/10Richard M Teitelman SchoolGrades: 7-8Distance: 4.4 mi
- 5/10Lower Cape May Reg High SchoolGrades: 9-12Distance: 4.4 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,064,100
2% more+ $21,282
With Zillow Showcase(estimated)
$1,085,382