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605 Madison Ave
Cape May, NJ 08204
Madison Avenue Beach Club · Hospitality Property For Sale · 14,474 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 14,474 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built | 1960 |
| Lot Size | 1.00 AC | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 14,474 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Corridor | Exterior |
Amenities
- Pool
About 605 Madison Ave , Cape May, NJ 08204
This is a one in a lifetime opportunity to own a Cape May Motel with 42 rooms, a pool and parking 6 blocks from Cape May’s beautiful beaches, walking distance to town and shopping, a bike ride to all places and events that Cape May is famous for. The Madison Avenue Beach Club is a premier location for your Cape May vacation needs with pet friendly accommodations. The Madison Avenue Beach Club Motel invites you to be their guest and come stay in the heart of Victorian Cape May. This centrally located Cape May Motel showcases studios with free Wi-Fi, a DVD player and flat-screen TV. Clean neat, tiled rooms with split system air conditioning and heat with 11 suites, 31 studio rooms an office and inhouse laundry room. Since 1941, the Demutis family has been vacationing in Cape May and has considered it a second home. Personal and professional ties to the community are strong. Recognized in Pennsylvania as leading redevelopment and revitalization real estate developers, the 3rd generation of Demutis builders boast a wide range of experience with both new construction and renovation. Their projects are often featured in the press, most notably, the Philadelphia Inquirer, the Philadelphia Business Journal, the Cape May Star & Wave, and the Atlantic City Press. You will not be disappointed in the condition of The Madison Beach Club facility. Plenty of parking and if you should decide to Condo the property in the future, we have those documents mostly finished to make the transition an easy success. Appointment only as this is a busy Motel, fully operational and in a busy year-round communit
PROPERTY TAXES
| Parcel Number | 02-01107-0000-00001 | Improvements Assessment | $1,500,400 |
| Land Assessment | $2,100,000 | Total Assessment | $3,600,400 |
PROPERTY TAXES
zoning
| Zoning Code | R-1 |
| R-1 |
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