Cape May Homes under $1 million

Cape May Homes under $1 million

Welcome to Cape May, New Jersey—a charming coastal gem that perfectly marries Victorian elegance with a vibrant beach-town atmosphere. Nestled at the southern tip of the state, Cape May is renowned for its stunning beaches, historic architecture, and a rich cultural scene that draws visitors year-round. With its picturesque streets lined with colorful Victorian homes, this city is a haven for those seeking a unique blend of relaxation and adventure.

For homebuyers looking to invest in this enchanting locale, Cape May offers a variety of properties under $1 million. Whether you’re searching for a cozy beach cottage, a stylish condo, or a charming Victorian home, the options are plentiful. These residences not only provide a comfortable retreat but also a gateway to the breathtaking natural beauty that surrounds them. Imagine waking up to the sound of waves crashing and the scent of salt in the air, all while being just a short stroll from the beach.

Cape May is also known for its vibrant community events, boutique shopping, and exquisite dining options that celebrate local flavors. Enjoy leisurely walks along the historic promenade, take a bike ride through the scenic streets, or indulge in a sunset cruise on the Delaware Bay. With its rich history and welcoming atmosphere, Cape May is not just a place to live; it’s a lifestyle.

Don’t miss your chance to call this idyllic seaside paradise home. Explore the available properties under $1 million and discover the perfect spot to create lasting memories in Cape May!

Newest Cape May Homes under $1 million

217 Beach Avenue Unit #315, Cape May
$899,000
2 Beds ⋅ 1 Baths ⋅ 262829 MLS
Watch the sunrise over the beach from your private deck at this beachfront two-bedroom condo in Summer Station! Located on the third floor, this unit welcomes you with an open floor plan featuring a spacious living room with ample seating and a traditional kitchen. The condo offers two queen-sized bedrooms, a full bathroom, and in-unit laundry for added convenience. Step onto your private deck overlooking the pool area, with unobstructed ocean views. The unit also includes one assigned parking space in the garage. This property is currently part of the Summer Station rental program, a full-service management offering with front desk services, housekeeping, and maintenance—providing a truly hands-off income opportunity. If desired, a new owner may opt out of the program in the fall to enjoy year-round personal use. Located on iconic Beach Avenue near Cove Beach at the southern tip of Cape May, you are just a short walk or bike ride from local restaurants, live entertainment, and the Washington Street Mall.

217 Beach Avenue Unit #315, Cape May
916 Lafayette Street, Cape May
$789,900
3 Beds ⋅ 1 Baths ⋅ 262789 MLS
916 Lafayette Street | Historic Cape May, A Wonderful Opportunity to Restore a Piece of Cape May History! Welcome to 916 Lafayette Street, one of two charming, two-story Italianate-style attached twin homes located in the heart of historic Cape May City. Built in 1915 and designated as historic contributing properties, these attached residences are being offered separately and present a wonderful opportunity for buyers looking to restore, renovate, and create their own Cape May retreat. Offering approximately 1,296 square feet of living space, 916 Lafayette features three bedrooms, one full bathroom, a basement/laundry area, and plenty of original character awaiting your personal touch. The property is being sold in “as is: condition. As you approach the home, an enclosed front sitting porch welcomes you with views of Lafayette Street, the elementary school, and Wise-Anderson Park, formerly known as Lafayette Street Park, which is a 38-acre public park located along Lafayette Street. Step inside to discover a formal dining / living space featuring high ceilings reflecting the home's historic charm. Toward the rear of the first floor is the kitchen area. Upstairs, you'll find three bedrooms and a full hallway bathroom. Additional features include hot water baseboard heating, a basement, a detached rear deck, and attached rear deck, off-street parking for multiple vehicles, and a grassy yard offering plenty of possibilities for outdoor entertaining, gardening, or simply enjoying the coastal air. Location, location, location! Enjoy the convenience of living within walking distance of Cape May's beloved Washington Street Mall, fabulous restaurants, boutique shopping, parks, tennis courts, and the historic Emlen Physick Estate. The beautiful beaches of Cape May are also just a short stroll away. Whether you're envisioning a year-round residence, a coastal getaway, or a historic restoration project, this property offers an opportunity to bring new life to a piece of Cape May's architectural heritage. 914 and 916 Lafayette Street are being offered separately. Both properties are fixer-uppers and are being sold strictly AS-IS. Easy to show!

916 Lafayette Street, Cape May
914 Lafayette Street, Cape May
$789,900
3 Beds ⋅ 2 Baths ⋅ 262788 MLS
914 Lafayette Street | Historic Cape May, A Wonderful Opportunity to Restore a Piece of Cape May History! Welcome to 914 Lafayette Street, one of two charming, two-story Italianate-style attached twin homes located in the heart of historic Cape May City. Built in 1915 and designated as historic contributing properties, these attached residences are being offered separately and present a wonderful opportunity for buyers looking to restore, renovate, and create their own Cape May retreat. Offering approximately 1,184 square feet of living space, 914 Lafayette features three bedrooms, one full bathroom, an additional roughed-in bathroom on the first floor that was being renovated, a basement/laundry area, and plenty of original character awaiting your personal touch. The property is being sold in “as is: condition. As you approach the home, an enclosed front sitting porch welcomes you with views of Lafayette Street, the elementary school, and Wise-Anderson Park, formerly known as Lafayette Street Park, which is a 38-acre public park located along Lafayette Street. Step inside to discover a formal dining and living space that open to the side deck. Toward the rear of the first floor is the kitchen and a former bathroom where renovations were started but not completed. Upstairs, you'll find three bedrooms and a full hallway bathroom. Additional features include hot water baseboard heating, a basement, an attached side deck, off-street parking for multiple vehicles, and a grassy yard offering plenty of possibilities for outdoor entertaining, gardening, or simply enjoying the coastal air. Please note that the driveway and parking area are subject to an easement providing access to the two rear condominium units. Location, location, location! Enjoy the convenience of living within walking distance of Cape May's beloved Washington Street Mall, fabulous restaurants, boutique shopping, parks, tennis courts, and the historic Emlen Physick Estate. The beautiful beaches of Cape May are also just a short stroll away. Whether you're envisioning a year-round residence, a coastal getaway, or a historic restoration project, this property offers an opportunity to bring new life to a piece of Cape May's architectural heritage. 914 and 916 Lafayette Street are being offered separately. Both properties are fixer-uppers and are being sold strictly AS-IS. Easy to show!

914 Lafayette Street, Cape May
678 Washington Street, Cape May
$799,000
2 Beds ⋅ 1 Baths ⋅ 262753 MLS
LOCATION, LOCATION, LOCATION! Enjoy the best of Cape May from this charming two-story, two bedroom, condo in the heart of the Old Town Historic District.....Just three blocks from the beach and only a half block from the iconic Washington Street Mall. Restaurants, shops, and entertainment that makes Cape May special are just steps away from your door. Offered furnished and ready to enjoy, this inviting condo features living room, eat-in kitchen, bonus room/den, full bathroom with an automatic skylight, convenient in-unit laundry, ample storage, and two bedrooms on the second floor. A private second floor deck provides the perfect spot for morning coffee, relaxing after the beach, or alfresco dining under the stars. A reserved off-street parking space, an especially valuable convenience in the heart of Cape May is also included. This property has been well maintained with numerous improvements, including new laminate flooring in the kitchen and bath in 2025, deck staining in 2024, full exterior painting in 2022-2023, a new roof in Fall 2022, a new bathroom skylight in 2021, new window sashes and carpeting in 2020, and new interior painting completed between 2020 and 2024. Whether you're looking for a Cape May getaway. a year-round residence, or a vacation rental investment, this condo offers exceptional versatility in a highly desirable location. Leave the car parked and live like a local, walk to the beach or stroll to the Washington Street Mall, enjoy dinner in town and experience everything Cape May has to offer right outside your door.

678 Washington Street, Cape May
1136 Lafayette Street Unit #Unit 4, Cape May
$890,000
2 Beds ⋅ 2 Baths ⋅ 262749 MLS
Live steps from Cape May’s beaches, shops, and restaurants in this beautifully updated condo located in one of the most walkable areas of town. Set within a charming historic home converted into modern residences, Unit 4 offers the privacy of a top-floor, two-level layout with spacious rooms and thoughtful upgrades. The main level features a large living room with a gas fireplace, a modern kitchen, and updated baths. Upstairs, the private primary suite spans the entire top floor and includes an office area and generous closet space — a rare find in downtown Cape May. Enjoy two designated parking spaces, private storage for beach gear, new HVAC (2025), and a new roof (2023). Condo fees are $4,539/year. Winter tenant in place; notice required for showings. This is the perfect Park & Walk location — enjoy the best of Cape May with convenience and charm. Winter tenant until January with a month-to-month option until end of April

1136 Lafayette Street Unit #Unit 4, Cape May
819 Beach Avenue Unit #2-I, Cape May
$629,000
1 Beds ⋅ 1 Baths ⋅ 262722 MLS
Turnkey beach living one block from the sand. This bright, renovated 1-bedroom condo sits on the second floor of the newer-construction addition behind Cape May's landmark Baronet Mansion: newer building systems and a quieter setting off Beach Avenue, with the mansion's elevator, classic rocking-chair porch, and outdoor shower at your disposal. Inside is an open living area with a fully equipped kitchen, two smart TVs, and a bedroom with a king bed, walk-in closet, and a work desk. The living room and bedroom each have their own heat and air conditioning; full bath with tub/shower. A deeded off-street parking space – rare this close to the beach – means you park once and walk everywhere: promenade and beach are just a minute; the Washington Street Mall, restaurants, mini golf, and bike rentals are within a few blocks. Sold fully furnished and equipped, down to the beach chairs and umbrella, so it's ready for your first weekend or your first guest. Operated as a highly rated short-term rental with a strong, documented history – financials available to qualified buyers – and a $4,500 July 4th-week booking already on the calendar for 2027. Pet-friendly building. Low taxes ($3,572), no outstanding assessments, elevator and fire-safety upgrades completed, and the association carries the master flood policy. Seller requires settlement on or after January 4, 2027. Bring your dog, your bike, and your beach tags.

819 Beach Avenue Unit #2-I, Cape May
1351 Ohio Avenue Unit #Unit D, Cape May
$775,000
2 Beds ⋅ 1 Baths ⋅ 262242 MLS
Walk or ride your bike to the beautiful Cape May beach. Centrally located, this unique quad is only 6 blocks from the beach in desirable Village Greene. Maintenance free, this unit boasts a desirable front porch, overlooking the courtside gardens, and a patio for barbequing and outdoor gatherings. There are also a convenient outdoor shower and a storage shed. Updated tiled bathroom and kitchen with granite countertops, abundant cabinets and pantry. New hardwood flooring in living room and bedrooms. This quad offers excellent Airbnb rental history with solid income and comes turnkey, fully furnished, with no off-street parking, but plenty of free parking available on the street around. Not in a flood zone and does not require flood insurance. Call before it's gone. View a 3D Walkthrough Tour at: https://my.matterport.com/show/?m=47qot7qa94n&mls=1

1351 Ohio Avenue Unit #Unit D, Cape May
210 Ocean Street Unit #Unit 1, Cape May
$844,000
2 Beds ⋅ 1 Baths ⋅ 261964 MLS
This beautifully renovated condo in Downtown Cape May offers the perfect blend of modern amenities and historic charm. With two bedrooms and a flat-style layout, it’s ideally located just two blocks from the beach and directly across from the south side of the Washington Street Mall. Inside, you’ll find an updated kitchen with sleek stainless steel appliances, and a stylish bathroom featuring a tiled shower surround. The unit also boasts durable LVP flooring, central air, and natural gas heat for year-round comfort. For added convenience, there’s a laundry closet within the unit. This IS the opportunity to own a piece of the downtown action.

210 Ocean Street Unit #Unit 1, Cape May
217 Beach Avenue Unit #UNIT C-106 B-1, Cape May
$585,000
1 Beds ⋅ 1 Baths ⋅ 253564 MLS
Cape May City Beachfront Condominium. The Summer Stations C-106 B-1 One Bedroom First Floor Waterfront at the Summer Station to keep as rental for 2027 or keep for yourself. Handicap accessible with Elevator to Pool and Gazebo Area to look out at the Ocean. Start your 2027 year Summer with a little piece of Cape May to call your own. Just walk across the street to the beach, a hop, skip and a jump to the Rusty Nail and One Block to Congress Hall.

217 Beach Avenue Unit #UNIT C-106 B-1, Cape May
Start Your Search