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509 Pearl B 2&3FL, Cape May Point, NJ 08212

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For Sale

$899,000

3 beds • 1 baths • 1 half baths • 1,088 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Condominium
    Property type

  • $826.29
    Price per square foot

Explore this Property

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. 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. The homeowners are in the process of installing mini splits for heating and air conditioning. 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. exterior photos being updated as we just had a new roof put on.
MLS# 241047

Courtesy Of Coastline Realty, LLC

(609) 884-5005

Property Features

  • Amenities
    Deck, Porch
  • Appliances
    Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Heating Fuel
    Electric
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Living Room, Utility

Map and Directions

Directions to 509 Pearl B 2&3FL, Cape May Point, NJ 08212

Home seller CENTURY 21 Alliance

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Copyright © 2024 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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