Cape Appraising and Consulting, led by Broker Rick Spackman : 609-675-1923

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$539,000
89 Days On Site

1520 New Jersey Avenue 117
Cape May, NJ 08204

For Sale|Condominium|Active Under Contract
1
Bed
1
Total Bath
1
Full Bath
532
SqFt
$1,013
/SqFt
1970
Built
County:
Listing courtesy of Cody Menz of COASTLINE REALTY, LLC
1520 New Jersey Avenue 1171520 New Jersey Avenue 1171520 New Jersey Avenue 1171520 New Jersey Avenue 117
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Mortgage Calculator

Monthly Payment (Est.)

$2,459
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$539,000
Days On Site 
89 Days
Bedrooms 
1
Inside Area (SqFt) 
532 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1970
MLS® Number 
253340
Status 
Active Under Contract
Property Tax 
$2,223
HOA/Condo/Coop Fees 
$375 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active Under Contract
2 months agoPrice changed to $539,000
3 months agoListing first seen on site
General Features
Property Sub Type 
Condominium
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
RefrigeratorMicrowaveOvenRange
Cooling 
Ceiling Fan(s)
Heating 
ElectricForced Air
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Exterior Features
Patio And Porch 
Patio
Community Features
Association Dues 
1125
HOA Fee Frequency 
Quarterly
MLS Area 
Cape May
Township 
02-Cape May City
Listing courtesy of Cody Menz of COASTLINE REALTY, LLC



Listing information is provided by Participants of the Cape May County Association of Realtors MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2026, Cape May County Association of Realtors MLS.
Last checked: 2026-02-10 12:45 AM UTC

Neighborhood & Commute
Source: Walkscore
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Contact Details

Primary phone

609-675-1923

Address

12 S. Main Street, Cape May Court House, NJ 08210

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