Cape May Homes under $2 million

Cape May Homes under $2 million

Welcome to Cape May, New Jersey, a charming coastal gem that beautifully blends historic charm with modern amenities. Nestled at the southern tip of the state, Cape May is renowned for its stunning Victorian architecture, pristine beaches, and vibrant arts scene. This picturesque town boasts a rich history, making it a perfect destination for those who appreciate culture and community.

Cape May is not just a summer getaway; it’s a year-round haven for residents and visitors alike. With its quaint shops, delightful eateries, and a bustling calendar of events, there’s always something to see and do. From leisurely strolls along the beach to exploring the iconic Cape May Lighthouse, the area offers a unique blend of relaxation and adventure.

For those looking to call this idyllic town home, Cape May presents an exciting real estate opportunity. With a variety of homes available under $2 million, you can find your perfect slice of paradise without breaking the bank. Whether you’re seeking a charming Victorian, a modern beach house, or a cozy cottage, there’s something for everyone in this enchanting community.

Imagine waking up to the sound of waves crashing and the scent of salt in the air, all while living in a home that reflects the beauty of Cape May. With its welcoming atmosphere and strong sense of community, Cape May is more than just a place to live; it’s a lifestyle. Explore the possibilities and discover your dream home in this captivating coastal town today!

Newest Cape May Homes under $2 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
1218 Lafayette Street, Cape May
$1,989,000
4 Beds ⋅ 3 Baths ⋅ 262735 MLS
Beautifully updated and meticulously maintained 4-bedroom, 3½-bath single-family home in Cape May. Completely renovated and expanded in 2008, this exceptional property offers generous living spaces, quality craftsmanship, and an impressive array of features designed for both everyday living and entertaining. The first floor offers a spacious primary suite complete with an oversized walk-in closet. The impressive kitchen features granite countertops, stainless steel appliances, and elegant inlay cherry cabinetry. Brazilian cherry hardwood floors flow throughout the dining area, living room, and first-floor hallway. The living room is warmed by a ventless fireplace, while the heated sunroom provides additional year-round living space and features a wet bar with direct access to the screened-in porch. Upstairs, a separate living area provides added flexibility for family, guests, or extended stays. The second-floor ensuite bedroom includes a walk-in closet, while two additional guest bedrooms share a convenient hall bath. The exterior is equally impressive, featuring a large covered wraparound porch, durable Hardie siding with Tyvek weather protection underneath, Pella windows, and Trex decking on both the front and rear porches. A convenient circular driveway provides parking for approximately 5–6 vehicles. The home's infrastructure was comprehensively updated during the 2008/2009 renovation, including all new plumbing and electrical systems. Energy efficiency was thoughtfully incorporated throughout, with a two-zone, closed-loop geothermal HVAC system and foam insulation throughout the exterior walls, attic, and crawl space. The insulated attic is maintained at the same temperature as the living area, further enhancing the home's energy performance and comfort. All doors are 3' handicap accessible and all electric switches are handicap level. With its spacious floor plan, first-floor primary suite, flexible second-floor living space, inviting porches, extensive renovations, and convenient parking, this Cape May property offers a rare combination of comfort, character, quality, and functionality. Call for your showing appointment today, before this one is gone! OPEN HOUSE SAT 10/3 12-3 PM!!

1218 Lafayette Street, 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
1460 Texas Avenue, Cape May
$1,300,000
3 Beds ⋅ 1 Baths ⋅ 262583 MLS
180+ DEGREES OF CAPE MAY HARBOR & BAY VIEWS! If you've been dreaming of a Cape May getaway where the view never gets old, this is the one you've been waiting for. Located directly across from the $2,000,000 newly renovated Harborview Park, this 3-bedroom, 1.5-bath condo puts you front and center for breathtaking views of Cape May Harbor and the world-famous Lobster House. Enjoy those views from your all-new Trex decks, completed in winter 2026, or from virtually anywhere in the home. And then there's the BOAT SLIP! Your own 25' slip with newer docks makes getting out on the water effortless. A private street with plenty of parking is another rare Cape May luxury. The attached one-car garage provides generous storage and offers tremendous flexibility for a possible flex space. Recent improvements include new decks in 2026, new roof in 2023 and 2021 updates including flooring, base kitchen cabinets, countertops, lighting, fans and five windows. Walk to Wawa, Dry Dock and the C-View, spend your days boating, and end them watching the sun rise & set from your decks. Come for the views. Stay for the lifestyle. Leave with memories that last a lifetime. One of the seller's is a NJ licensed real estate salesperson.

1460 Texas Avenue, Cape May
1702 Maryland Avenue, Cape May
$1,750,000
4 Beds ⋅ 2 Baths ⋅ 262459 MLS
Welcome to this spacious 4 bedroom, 2.5 bath two story twin home in Cape May’s highly desirable East End, just two blocks from the beach. Offering a fantastic combination of location, space, and potential, this property is ready for your vision. The first floor features a generous living room with direct access to a spacious screened-in porch overlooking the private rear yard, an ideal spot for relaxing, entertaining, or enjoying summer evenings. An eat-in kitchen, separate dining room, and half bath complete the first level. Upstairs, the spacious primary ensuite bedroom offers access to a two story deck with beautiful views. Three additional bedrooms share a hall bath, and second-floor laundry adds everyday convenience. The 50 x 125 lot provides a large fenced-in rear yard, complete with an outdoor shower, perfect for beach days and summer entertaining. Additional features include central air conditioning, gas forced-hot-air heat, and a roof that is only two years old. Just a short stroll to the beach and close to all that Cape May has to offer, this East End twin offers an exceptional opportunity in a sought after location. Bring your imagination and make this Cape May property your own! Call for your showing appointment today, this one won't last long!

1702 Maryland Avenue, 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
1215 Massachusetts Avenue, Cape May
$1,595,000
4 Beds ⋅ 1 Baths ⋅ 261384 MLS
Enjoy comfort, character, and a prime location in this four-bedroom, one full and one half-bath home in Victorian Cape May. Set on a spacious 75' x 125' lot in a quiet residential neighborhood, the property is just over a mile from Cape May’s beaches and the Washington Street Mall. Inside, original hardwood floors run through the living areas and bedrooms, while the kitchen and baths feature durable tile. Hot water baseboard heat and mini-split systems provide efficient year-round comfort. Whether you’re looking for a move-in ready home or a property to update and make your own, this home offers excellent potential in a highly desirable location. Enjoy the south-facing front porch, easy bike rides to the beach, and close proximity to shops and dining. ** Property will be ACTIVE and available for showings on MAY 27th **

1215 Massachusetts Avenue, Cape May
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