Cape May Experts

There are many things you may not know and many questions you may have when it comes to buying or selling a home. Our knowledgable sales agents can guide you and answer any questions you may have. We are the Cape May Experts and we would like to share our knowledge with you. You can contact us at 609-884-1888 or check a complete listing of area homes for sale on our website.

This Home Is Loaded With Charm

Hurry and make your appointment to see the sweetest cottage.  This home offers 3 bedrooms and 1 bath with usable space on the third floor.  The kitchen is galley style with lots of cabinets and counter space.  You’ll enjoy cooking on the new gas stove with built in down draft exhaust.  Off the kitchen is a laundry room/pantry.  Outside you’ll find a lovely back yard with deck and a large screened porch off the side of the house which adds additional living space.  The electric and roof have been updated within the last 6 years.

What A Find In West Cape May

You don’t want to miss this quaint building centrally located in West Cape May which is currently being used as a clothing store.  The building has been recently renovated and includes plenty of off street parking.  Current renovations include new roof, new foundation, and new siding.  There are many possibilities here as this property is zoned commercial and/or residential.  The lot size is 50x200.  $219,000

Country Living At The Shore

Can’t you just imagine yourself sitting in your rocker on the front porch of this home enjoying the lazy days of summer? Don’t wait to make your appointment to see this historic Cold Spring farm house which sits on over 2 acres of well maintained, high and dry land. This home features a variety of flower, fruit, and vegtable gardens for you to enjoy. This home was built in the 1900’s and still conveys its colonial charm while having many updated, modern conveniences. Come experience country living at the shore! $359,900

Just Reduced In North Cape May

Just Reduced–608 Leaming in North Cape May. This two bedroom, 1 bath ranch style home is a must see! This home includes a living room, eat-in kitchen, central air, large rear yard, and storage shed. It is conveniently located within minutes of beaches, schools, and shopping. Call today to make your appointment! $159,900

Fabulous Quad In Village Green

Village Green Cape May NJAre you looking to downsize or purchase a little getaway at the shore?  Look no further as we have the place for you.  Just on the market this 2 bedroom, 1.5 bath oversized quad in Village Green Cape May NJ is perfect.  There are cathedral ceilings, hardwood floors, and a gas fireplace in the living room and the kitchen was recently remodeled and feature granite countertops.  This home offers central air to keep you cool in the summer and economical natural gas heat to warm you during the cooler winter months.  Outside you’ll find an easy to maintain, low maintenance stone yard, enclosed shower, and storage closet. Listed at $315,000 this one won’t last long, make your appointment today!

It’s time to BUY!

Dagmer ChewFortune Magazine this month mentions “It’s time to buy again”. Their article starts by saying the return of the real estate market is better than gold and stocks. I have to agree Cape May has a fantastic inventory of prices especially now in the $500,000.00 and below price range that so many have asked for.

There are currently on the market in Cape May City 21 residential properties under $500,000.00. There are 44 condos being offered in Cape May all between $255,000.00 – $500,000.00. If you want to buy in West Cape May there are currently 17 residential properties on the market under $500,000.00. With interest rates at an all time low combined with a huge inventory it is…….. time to buy.

Today’s mortgage rate for a 30 year, 0 point fixed rate mortgage is only 4.50% or for a 15 year, 0 point fixed rate 3.75%. This makes buying in the Cape May area market not only affordable but sustainable. If you purchased a home for $500,000.00 you will need a deposit of 20% therefore your mortgaged amount would be $400,000.00 and your principle and interest payment would only be approximately $1,852.00 + taxes and insurance for a 15 year fixed rate product. See below with an estimated yearly property tax of $3,000.00 and yearly insurance of $1,500.00.

Principal and Interest   $1,852
Taxes and Insurance        375
Mortgage Insurance             0
Total Payment             $2,227

Is this affordable for you and your family? If so we have a huge inventory of homes to meet your budget. Call one of our experienced agents today and find out how you can own a home in the Cape May area.

From the desk of Dagmer Chew, Broker/Owner, GRI, ABR

Just Reduced Investment Property

Are you or someone you know looking for an investment property? Well look no further as there are tremendous possibilities here! Located along Spicer’s Creek in Cold Spring this commercial/residential parcel is boat accessible and is the last waterfront lot in the marina district. This property includes 4 houses, 2 of which are currently tenant occupied, and a large storage shed. The value here is in the location. Let your imagination take over when you think about all the possible uses for this land. Gorgeous views, cool breezes, and endless possibilities await! Just reduced to $2,900,000

ONCE IN A LIFETIME OCEANFRONT VIEWS

This residential vacant lot offers a once in a lifetime oceanfront view. You will look out over the Cape May Cove and also have an unobstructed view of all of South Cape May and the famous Cape May Point Lighthouse. Build a 4400 square foot home for you and your family to enjoy. All CAFRA approvals in place. Deed of easement will be granted to purchaser. Time restrictions will be placed on the construction of a new home, see listing agent for details. Make your dreams come true on one of the most desirable locations in all of Cape May. Possible owner financing to qualified buyers.

HomeStead’s Newest Sales Agents

Everyone at HomeStead Real Estate would like to extend a warm welcome to our two newest sales agents, Micah Yerk and Bryce Sol Hoffman.

Micah and Bryce were both raised in Cape May. They have recently returned to their hometown after spending some time in the Philadelphia area. Micah held a career in the health care industry while Bryce pursued her degree in Psychology.

The two were recently engaged and also hold the full time property management position at the Blue Fish Inn in Cape May. Micah is finishing his degree in business management while Bryce is finishing her degree in Psychology while also holding down a postion as a gymnastic instructor at Jersey Cape Dance and Gymnastics Academy.

Together, Micah and Bryce have the strong negotiating willpower, diligent business sense, loyalty, and keen customer service that make this dynamic duo the perfect team to assist in your next sale or purchase.