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$875,000
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Property Description
HIGHEST AND BEST OFFERS DUE BY FRIDAY, MARCH 20TH. Welcome to 1261 Illinois Avenue, a charming, move-in ready coastal retreat nestled in the heart of Cape May. This delightful 2-bedroom, 1-bath home offers the perfect blend of beachside charm and modern comfort, making it ideal as a primary residence, vacation getaway, or investment opportunity. Situated on a spacious 40x125 lot, the home features a bright and inviting interior with an open living area, updated flooring, and abundant natural light throughout. The thoughtfully designed layout flows seamlessly from the living space into the kitchen, creating a comfortable environment for relaxing or entertaining. Walk up to the front of the home and find a covered front porch, perfect for enjoying a cupof coffee before your summer mornings begin down the shore. Walk inside and find a very spacious family room, with a pull out couch that sleeps 2. There are 2 generously sized bedrooms, and they both provide comfortable accommodations, while the full bathroom is conveniently located for easy access, along with a full sized washer and dryer. The kitchen is completely updated, and features an eat-in area, and sliding glass doors that lead to the fully fenced in back yard and patio. The private yard offers the perfect space for outdoor dining, summer barbecues, or unwinding after a day at the beach. There is also an outdoor shower which is perfect for rinsing off after a day of fun at the beach. There is a large, detached oversized 1.5 car garage, and a driveway that fits at least 3 cars... adding to the home's appeal. This property also presents an excellent opportunity for investors or second-home buyers, generating over $40,000 in annual rental income with strong seasonal demand in one of the Jersey Shore's most desirable destinations. Located just minutes from Cape May's beautiful beaches, renowned restaurants, shopping, and historic downtown, this property offers the quintessential shore lifestyle with strong income potential.
Full Property Details
Full Property Details for 1261 Illinois Ave
General
- Price: $875,000
- Taxes: $5,221 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJCM2006896
- Updated: 3/17/2026
- Added to Site: 9 day(s) ago
Interior
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 4
- Parking Type: Driveway, Detached Garage
- Garage Description: Additional Storage Area, Garage - Front Entry, Oversized
Location
- Area: Cape May City (20502)
- Municipality: CAPE MAY CITY
- County: CAPE MAY
- Subdivision: CAPE MAY CITY
- Driving Directions: From Pittsburg Ave, turn left onto Illinois Ave. Home will be on right hand side, after Trenton Ave intersection.
School Information
- School District: Lower Cape May Regional Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Wall Unit
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Brick, Vinyl Siding
- Foundation: Slab
- Stories Description: Main
- Square Feet: 832
- Sq. Ft. Source: Estimated
- Living Area: 832 Sq. Ft.
- Finished Above Grnd: 832 Sq. Ft.
- Year Built: 1975
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Assessor
- Lot Dimensions: 40.00 x 125.00
- Zoning: R-4
Financial Considerations
- Price Per Sq. Ft.: $1,051.68
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $477,700
- Tax Amount: $5,221
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 832
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal belongings
- Inclusions: Refrigerator, Washer, Dryer, Furniture
- Lot Number: 16
Listed by Real Broker, LLC, Rebecca Leigh Bostic
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Schools
Schools serving 1261 Illinois Ave
School Districts:Cape May City School District, Lower Cape May Regional School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1261 Illinois Ave
Date
Details
Price
Change
Source
3/12/2026
Listed
$875,000
12.18%
MLS
8/09/2024
Sold
$780,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1261 Illinois Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,049
37%
$477,700
34%
2022
$3,679
1%
$356,500
—
2021
$3,629
9%
$356,500
—
2018
$3,319
-6%
$356,500
—
2019
$3,519
13%
$356,500
1%
2017
$3,121
6%
$353,100
—
2016
$2,938
-4%
$353,100
—
2014
$3,054
3%
$353,100
—
2013
$2,959
—
$353,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1261 Illinois Ave
1261 Illinois Avenue, Cape May, NJ 08204 (MLS# NJCM2006896) is a Single Family property with 2 bedrooms and 1 full bathroom. 1261 Illinois Avenue is currently listed for $875,000 and was received on March 12, 2026. Want to learn more about 1261 Illinois Avenue? Do you have questions about finding other Single Family real estate for sale in Cape May? You can browse all Cape May real estate or contact a Coldwell Banker agent to request more information.

