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Image 1 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Image 2 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Image 3 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Image 4 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Image 5 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Image 6 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Image 7 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Image 8 - The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA - House for sale

Home For Sale In Cape May, New Jersey

The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA

Home For Sale In Cape May, New Jersey

house for sale

Listed: 03/11/24

The Thomas Webster House Victorian Suites, Madison Avenue, Cape May, NJ 18204, USA

9 Bed:

5 Bath:

15,000 Sq Ft Living Area:

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Price

$ 2,98M

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About This House

An extremely flexible opportunity that doesnt come along very often! The historic Thomas Webster House, built in 1876, prominently located at the corner of Washington Street and Madison Avenue is now available. An ideal elevated location with easy access to Madison Avenue beach, the Washington Street Mall and many fine restaurants. This fabulous property is currently operating as four seasonal rental apartments with spacious Owners Quarters. But, because of its unusual flexibility, some alternate uses include conversion back to a magnificent single-family vacation home, a condominium conversion to five units or rental of all five units to increase your income even more. Also can be utilized in any number of combinations, increasing or decreasing the size of the Owners Quarters … Full description

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Original listing

Cape May Housing & Living

Household Income

Median household income: $58,958

Number of households: 1,341

The average household income in Cape May, NJ grew from $54,907 to $58,958 in the past year. This data is an estimate based upon 1,341 households in Cape May, NJ.
The chart below presents how household income is distributed in Cape May, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cape May, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Cape May, NJ equals $3k+ , which is more than the national average.