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1028 Shunpike Rd, Cape May, NJ, 08204

3beds
2baths
2,100sqft
$1,875,000
$893price/sqft
$13,377/moest. monthly cost
$535,080/yrincome needed

About This Home

Nestled in one of Lower Township's most desirable residential neighborhoods, this beautifully maintained 3 bedroom, 2 bath home offers the perfect blend of comfort, style and coastal living. The thoughtfully designed layout creates an inviting flow throughout the main living areas. The open area concept between the kitchen, dining and living room areas make for ideal everyday living and effortless entertaining. Upstairs, a versatile loft overlooks the main living space and offers endless opportunities as a family room, home office, playroom or guest retreat. Step outside to your own backyard oasis and take a swim in the new (2025) saltwater, heated, in-ground pool - perfect for relaxing or entertaining all summer long. This property offers the peace, quiet and style you've been looking for, while remaining just minutes away from Cape May's beaches, the scenic Cape May Canal and the natural beauty of Higbee Beach Wildlife Management Area. Whether you're searching for a year-round residence or a perfect coastal getaway, this home offers modern amenities with an amazing location and neighborhood.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
59
BikeBikeable

Schools

--
Carl T Mitnick SchoolGrades PK,1-20.8 mi
4/10

Construction

Condition

  • Year built: 2014

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Oven,Microwave,Refrigerator,Washer,Dryer,Dishwasher,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-In Closet(s),Pantry
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Attic: Storage

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,100 sqft

Property

Details

  • Parcel number: 050074900000000701

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio,Deck
  • Fencing: Fenced

Lot

  • Lot size: 1 Acres
  • Lot size dimensions: 1 acre

Parking

  • Total spaces: 2
  • Parking features: Garage,2 Car,Attached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Coastal Flooding
Inland Flooding
Winter Weather
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,481$113,772
Home Insurance *$557$6,684
Property Taxes $3,108$37,296
Electricity $231$2,777
Total$13,377$160,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$458,640/yr
40% on housing$401,310/yr
45% on housing$356,720/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$893This listing

vs Other Active Listings

Avg $/sqft

ZIP 08204$517
Cape May County$615

vs Homes Sold Last Month

Median $/sqft

ZIP 08204$520
Cape May County$460

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$1,675,000
2026-08-05Price change$1,725,000
2026-07-28Price change$1,875,000
2026-07-12Price change$1,995,000
2026-07-02Listed for sale$2,150,000

For Sale by Agent

AgentSuzanne Schumann
BrokeragedeSatnick Real Estate LLC - Stone Harbor

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