202 Ocean Street
Cape May, NJ 08204

  • 13 beds
  • 11 baths
  • – sqft
  • 3,900 sqft lot
  • 1890 build

Don’t miss this opportunity to own a piece of Cape May history. Currently operated as the Captain Mey's Inn, this turn of the century Victorian home, circa 1890 was built by Dr. Walter Phillips. The corner location just steps to both the mall and beaches of Cape May make this the best location to enjoy all that the wonderful town has to offer. Make it your own as either a single family property or maintain the B&B license and continue it as your new creation. Painstakingly renovated and update while respecting its heritage and original character this 13 bedroom, 11 bath home boasts large scale rooms, elegant detailing and beautiful woodwork throughout. Step onto the front porch that wraps around onto tree lined Hughes Street. The 1st room upon entry is the Office Quarters (named for the Doctors visiting room). A large ornate hallway leads to the beautiful living room (parlor) and connects to the fabulous dining room. Down the hall is the highly desirable Captains Quarters with private bath and side entrance. Step into the hall bath and head back towards the spacious kitchen, laundry room with steps to the off street parking spot, and the utility room with steps to the private 40 x 100 parking lot. The 2nd level is home to 4 bedrooms with private baths and a 5th bedroom with a hall bath. The spacious hallway takes you to the 3rd floor lading with fire escape. The 3rd level is home to 2 large bedrooms with private baths that have whirlpool tubs. The owner’s quarters are in the lower level and offer a living room, kitchen, 4 bedrooms and 2 baths with an exterior and interior entrance. Amenities include a new roof, recently stained wood siding, numerous stained glass pieces that have been restored, oak and pine floors, new gas HWH, pecks plumbing, Shore’s security system and a State Fire Inspection. The parking lot owned as a separate parcel offers 8 parking spots and a picnic area. The brick sidewalk adds that last touch of beauty! Showings by appointment only due to a working business.

BRIGHT MLS logo Listing courtesy of BRIGHT / Long & Foster Real Estate, Inc.

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# NJCM2002552 —

Monthly cost estimate

202 Ocean Street

Asking price

$4,950,000

Expense Monthly cost
Mortgage

$26,505

Taxes $1,302
Insurance $1,361
Utilities N/A
Total $29,168/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
9/13/23
Listed / Active BRIGHT $4,950,000

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Listing provided by broker:

Gail Wilsey-Morrison

Long & Foster Real Estate, Inc.

(609) 884-1007

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202 Ocean Street

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This house located in Cape May, NJ 08204 is currently for sale for $4,950,000. 202 Ocean Street is a – square foot house with 13 beds and 11 baths. This house is in the attendance area of Cape May City Elementary School, Richard M. Teitelman Middle School, and Lower Cape May Regional High School.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and Long & Foster Real Estate, Inc..

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