Condo / Villa

523 Lafayette Street, Cape May

$810,000

Property Details Property Details
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, youll be surrounded by world-class dining, boutique shopping, and endless entertainment, including Cape May Stage. Rotary Park, home to free summer concerts and Cape Mays 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 deckthe perfect spot for morning coffee, afternoon sun, or evening cocktails at sunset. Parking is never a concern herethis home comes with two off-street, reserved stacked parking spots so youll 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.

This listing is provided courtesy of Tim Kerr Sotheby's International Realty


Bedroom 2 bedrooms
Bathroom 1 baths

  • MLS #: 252459
  • Status: Sold
  • Address: 523 Lafayette Street, Cape May, NJ 08204
  • Date Listed: 8/22/2025
  • Days on Market: 337
  • Date Sold: 11/20/2025
  • SQFT: 925
  • Stipulations: No

Amenities Amenities
  • Range
  • Microwave Oven
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Disposal

Location Location

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Gas Natural, Forced Air
  • Rooms: Living Room, Kitchen, Laundry/Utility Room
  • Hot Water: Gas

Exterior Features Exterior Features
  • New Construction: No

Additional Features Additional Features
  • County: Cape May County
  • Property Type: Condo
  • Water/Sewer: City
  • Year Built: 1930
  • Lot Number: 11
  • Block Number: 1053
  • Associated Document Count: 7
  • District/Township: 02-Cape May City
  • For Sale / Lease: For Sale
  • Taxes: 3229
  • Total Rooms: 5
  • 3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.