NEW 29 HRS AGO

For sale

$589,000

Est. $3,605/mo —

•

—

sq ft

113 Elwood Rd, Cape May, NJ 08204

About this home

Opportunity awaits in the highly sought-after Townbank area! Located just two blocks from the bay, this two-bedroom, one-bath home sits on a desirable lot with detached garage, and 80 feet of frontage. This spacious property provides room to imagine your next chapter by the water! Bring your vision and explore the potential of this fantastic opportunity. With its desirable location and generous lot, the possibilities are endless. This property is an estate sale and is being sold strictly as-is. Current cooperative tenant on premise. Agent is a family member of seller.

Single-familyProperty Type

1951Year Built

Listed by Jordan Holland • BLUE HOMES REAL ESTATE LLC

Listing updated: Nov 2, 2026 at 10:22pm

Redfin checked: a minute ago

•Source:CMCMLS #263142

Payment calculator

$3,605 per month

Principal and interest$3,175

Property taxes

$317

HOA dues

Home insurance

$113

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

David C. Douglass Memorial School

Public PreK-K • Assigned • 1.5mi

Richard M Teitelman School

Public 7-8 • Assigned • 2.8mi

4/10

Lower Cape May Regional High School

Public 9-12 • Assigned • 2.8mi

5/10

Provided by GreatSchools

About Cape May

Beach

Cape May Beach, located between Delaware Bay and Cape May Point, is a coastal and residential Villas neighborhood with bayfront sunsets and wide, sandy strands. The neighborhood’s character concentrates along Bayshore Road near the Cape May–Lewes Ferry terminal, where bait shops, marinas, and low-key seafood counters set a salt-air rhythm. The Lobster House anchors local seafood tradition, while Sunset Beach and the Cape May Lighthouse add a classic shore-day circuit. Streets read as beach cottages and ranch homes with porches, decks, and dune grass in view. Days track the tide: morning walks on the sand, afternoon paddles on the bay, and evening skies over the water.

Provided by Walk Score and Local Logic

Offer insights

113 Elwood Rd · $589,000

Strong offer

$598K and above

75% chance or better to win

Why $598K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 57 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Bedrooms
2 bedrooms

Bathrooms
1 full bathroom

Laundry & utility
On-demand hot water

Heating & cooling
Natural gas heating
Central air conditioning

Sale and tax history for 113 Elwood Rd

Sale History
Tax History

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Year

Property tax

Land + Additions

Assessment*

2025

$3,807 (+2.9%)

$120,000 + $62,500

$182,500

2024

$3,701 (+1.5%)

$120,000 + $62,500

$182,500

2023

$3,648 (+3.1%)

$120,000 + $62,500

$182,500

2022

$3,537 (+3.1%)

$120,000 + $62,500

$182,500

2021

$3,431 (+1.6%)

$120,000 + $62,500

$182,500

2020

$3,376 (+2.5%)

$120,000 + $62,500

$182,500

2019

$3,292 (+2.4%)

$120,000 + $62,500

$182,500

2018

$3,214 (−0.1%)

$120,000 + $62,500

$182,500

2017

$3,217 (+1.6%)

$120,000 + $62,500

$182,500

2016

$3,168 (+6.8%)

$120,000 + $62,500

$182,500

2014

$2,965

$120,000 + $62,500

$182,500

Public record

Beds

—

Baths

—

Stories

Lot width

80 ft.

Lot depth

100 ft.

Lot size

8,002 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,065

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,065

Year built

1951

Style

Single Family Residential

County

Cape May County

APN

0500529 00048

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 21, 2026.

Climate risks

5/10 Flood Factor

Estimated 45-55% chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 96° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

5/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Cape May, NJ • 08204

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Cape May. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 113 Elwood Rd

$587,671

$1,329 under list price of $589K

Nearby comparable homes

The Redfin Estimate uses 4 recent nearby sales, priced between $478K to $715K.

SOLD SEP 23, 2026
$715,000 Last sold price
3 beds2 baths— sq ft
411 Baywyn Rd, Villas, NJ 08251
27 years newer
SOLD JUL 10, 2026
$478,000 Last sold price
2 beds1 bath946 sq ft
110 Haverford Ave, Cape May, NJ 08204
16 years newer
SOLD DEC 19, 2025
$600,000 Last sold price
3 beds1 bath1,100 sq ft
404 Indian Ave, North Cape May, NJ 08204
5 years newer
SOLD JUL 20, 2026
$575,000 Last sold price
2 beds1 bath— sq ft
404 Gorham Ave, Cape May, NJ 08204
4 years newer

Rental earnings

Est. $1,870 per month, based on comparable rentals

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