Back 302/1011 Lafayette St
Off Market

302/1011 Lafayette St

Cape May NJ 08204

1
1
548 sq. ft.
Condo
Last sold for $475,000
Joan A. FloodJoan A. Flood, last sold this property on 27 March 2026 after -178 days on market.

Overview

Welcome to 1011 Lafayette Street, Unit 302 — a beautifully updated penthouse condo offering an exceptional opportunity for year-round living, a personal Cape May retreat, or a proven investment rental. Set in the charming and historic Joseph Leach House, this top-floor 1-bedroom, 1-bath residence delivers the perfect blend of modern convenience and coastal charm. It easily lives like a two-bedroom, with a high-quality Murphy bed in the living room for additional sleeping space. Step inside to a bright and inviting living area filled with natural light, hardwood flooring, and a comfortable layout ideal for relaxing or hosting guests. The well-appointed kitchen features updated appliances, ample cabinetry, and a dedicated dining space — perfect for everyday living or entertaining. The serene bedroom offers generous storage and a peaceful place to unwind after a day at the beach. Enjoy the timeless charm of the shared Victorian front porch, where guests and residents have relaxed for more than 155 years. The property sits on a rare 120' x 198' lot— spacious by Cape May standards — providing a sense of openness and historic grandeur. Owners are permitted pets, and Cape May’s pet-friendly atmosphere makes it easy to enjoy the area with furry family members. From designated dog-friendly beach times and scenic walking paths to outdoor dining patios and welcoming local shops, this seaside town is wonderfully accommodating. Owners also enjoy access to convenient amenities including an outdoor shower, shared laundry facility, locked storage for beach gear, and a private outdoor shed perfect for safely storing bicycles. Prime location? Absolutely. You’re just a short walk or bike ride to Cape May’s renowned beaches, dining, shopping, and entertainment — plus easy access to the City’s free shuttle service. With designated off-street parking, getting around is always stress-free. Let's talk dining for a minute! From the exquisite Washington Inn to Oyster Bay, to Elaine's to name only a few nearby. You will enjoy the food, the atmosphere, the wine & cocktails and yes, even the entertainment. All within a few blocks of home. Whether you're searching for a cozy full-time residence, a relaxing getaway destination, or a profitable rental investment, Unit 302 offers a rare opportunity to enjoy the very best of Cape May living. UPDATE: New washer and dryer is on order and will be installed soon! Don’t miss your chance to make this coastal gem your own!

Features

1 bedroom
1 bathroom
548 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Cape May over the last 12 months, the estimated median property value of 302/1011 Lafayette St is $592.5k.

Median value
$592.5k
Estimated value range
$475k - $1.3m
Median days on market
127
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cape May. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 302/1011 Lafayette St

2026
Sold
$475,000
27 Mar 2026 by Joan A. Flood, of REMAX Surfside | Cape May
2024
Sold
$457,500
02 Dec 2024 by Stacy Hutchinson, of deSatnick Real Estate, LLC
2023
Sold
$375,000
30 Nov 2023 by Holly Steger, of Coastline Realty, LLC

Happy sellers in Cape May

97%
97% of sellers in Cape May reported that their sale price either exceeded or met their price expectations.

Cape May stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Cape May over the last 12 months.

Local market activity for 1 bedroom condos in Cape May

In the last 12 months, 7 one-bedroom condos similar to 302/1011 Lafayette St, have been sold.

This represents a 28% increase in one-bedroom condos sales when compared to the previous 12 months.

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