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Cape May, NJ

Apartment Building

Cape May, NJ Apartment Buildings for Sale

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Erma, NJ Wildwood Crest, NJ Wildwood, NJ Rio Grande, NJ Villas, NJ West Wildwood, NJ North Wildwood, NJ Green Creek, NJ

Historic Five-Unit Apartment Building

Updated: Jun 25

Historic Five-Unit Apartment Building

933 Washington Street, Cape May, NJ 08204

$2,835,000

0.30 AC lot

Five‑unit configuration: four seasonal apartments plus first‑floor owner’s quarters
Approximately 4,488 square feet on an approximately 0.2984‑acre lot
Built in 1876 with French Second Empire architecture and a Mansard‑style roof
Three levels over a half‑daylight partial basement
Driveway parking for six vehicles, accessed from Madison Avenue

Historic Five-Unit Apartment Building

Updated: Aug 22

Historic Five-Unit Apartment Building

933 Washington St, Cape May, NJ 08204

$2,835,000

13,000 sqft 0.32 AC lot

Five‑unit configuration with two‑bedroom and one‑bedroom apartments
Approximately 4,488 square feet of living space
Built in 1876 with French Second Empire architecture and a Mansard‑style roof
Six‑vehicle driveway accessed from Madison Avenue
Private kitchens, bathrooms, rear entrances, and sun decks for the apartments

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Cape May, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Deli

Mixed-Use Building with Deli

100 E 24th Avenue, North, Wildwood, NJ 08260

$1,600,000

CBD-zoned property combines a furnished deli operation with residential rental units.

Two-Building Multifamily Complex

Two-Building Multifamily Complex

238 E Leaming Ave, Wildwood, NJ 08260

$1,300,000

Six furnished 2-bedroom units across two buildings, with private patios, outdoor showers, and luxury vinyl plank flooring.

Office Building With Conversion Approvals

Office Building With Conversion Approvals

804 Route 9 S, Cape May Court House, NJ 08210

$2,000,000

1.28 AC lot

Existing property includes parking and township approvals supporting conversion to residential rental units.

Office Building with Conversion Approvals

Office Building with Conversion Approvals

804 Route 9 S, Cape May Court House, NJ 08210

$2,000,000

1.28 AC lot

Existing office property includes parking and approvals for conversion to residential rental units.

Off-Market Properties in Cape May, NJ

Consider similar Off-Market properties in Cape May, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

18 Gurney St

APARTMENT HOUSE (UNDER 5 UNITS)

18 Gurney St, Cape May, NJ 08204-2408

Estimated value:

$390,000

2,287 sqft 0.09 AC lot

28 Jackson St

APARTMENT HOUSE (UNDER 5 UNITS)

28 Jackson St, Cape May, NJ 08204-1465

Estimated value:

$480,000

2,961 sqft 0.10 AC lot

1033 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

1033 Washington St, Cape May, NJ 08204-1750

Estimated value:

$305,000

3,276 sqft 0.23 AC lot

814 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

814 Washington St, Cape May, NJ 08204-1652

Estimated value:

$1,880,000

2,160 sqft 0.14 AC lot

717 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

717 Washington St, Cape May, NJ 08204-2330

Estimated value:

$2,355,000

3,188 sqft 0.14 AC lot

19 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

19 Ocean St, Cape May, NJ 08204-2411

Estimated value:

$600,000

3,888 sqft 0.14 AC lot

1117 New Jersey Ave

APARTMENT HOUSE (UNDER 5 UNITS)

1117 New Jersey Ave, Cape May, NJ 08204-2638

Estimated value:

$4,535,000

4,781 sqft 0.34 AC lot

24 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

24 Ocean St, Cape May, NJ 08204-2412

Estimated value:

$3,745,000

4,012 sqft 0.13 AC lot

223 Perry St

APARTMENT HOUSE (UNDER 5 UNITS)

223 Perry St, Cape May, NJ 08204-1448

Estimated value:

$2,125,000

3,410 sqft 0.11 AC lot

923 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

923 Washington St, Cape May, NJ 08204-1661

Estimated value:

$4,270,000

12,864 sqft 1.04 AC lot

201 Howard St

APARTMENT HOUSE (UNDER 5 UNITS)

201 Howard St, Cape May, NJ 08204-2428

Estimated value:

$960,000

5,100 sqft 0.12 AC lot

45 Jackson St

APARTMENT HOUSE (UNDER 5 UNITS)

45 Jackson St, Cape May, NJ 08204-1417

Estimated value:

$250,000

0.16 AC lot

29 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

29 Ocean St, Cape May, NJ 08204-2411

Estimated value:

$3,995,000

5,138 sqft 0.15 AC lot

15 Lafayette St

APARTMENT HOUSE (UNDER 5 UNITS)

15 Lafayette St, Cape May, NJ 08204-5301

Estimated value:

$780,000

3,712 sqft 0.11 AC lot

710 Columbia Ave

APARTMENT HOUSE (UNDER 5 UNITS)

710 Columbia Ave, Cape May, NJ 08204-2332

Estimated value:

$1,330,000

2,444 sqft 0.09 AC lot

640 Hughes St

APARTMENT HOUSE (UNDER 5 UNITS)

640 Hughes St, Cape May, NJ 08204-2334

Estimated value:

$1,860,000

504 sqft 0.17 AC lot

1507 Yacht Ave

APARTMENT HOUSE (UNDER 5 UNITS)

1507 Yacht Ave, Cape May, NJ 08204-5224

Estimated value:

$1,940,000

4,443 sqft 0.27 AC lot

801 Stockton Ave

APARTMENT HOUSE (UNDER 5 UNITS)

801 Stockton Ave, Cape May, NJ 08204-2446

Estimated value:

$2,440,000

7,186 sqft 0.19 AC lot

102 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

102 Ocean St, Cape May, NJ 08204-2320

Estimated value:

$2,455,000

5,695 sqft 0.18 AC lot

509 Columbia Ave

APARTMENT HOUSE (UNDER 5 UNITS)

509 Columbia Ave, Cape May, NJ 08204-2303

Estimated value:

$2,330,000

5,188 sqft 0.14 AC lot

819 Stockton Ave

APARTMENT HOUSE (UNDER 5 UNITS)

819 Stockton Ave, Cape May, NJ 08204-2446

Estimated value:

$1,045,000

2,984 sqft 0.08 AC lot

109 Howard St

APARTMENT HOUSE (UNDER 5 UNITS)

109 Howard St, Cape May, NJ 08204-2426

Estimated value:

$1,330,000

0.17 AC lot

Cape May, NJ Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Cape May, NJ on our real estate platform. These investment opportunities span a total of 13,000 square feet of properties for sale, with an estimated market value of $5,670,000.

Sale prices for two-family homes in Cape May, NJ average $2,835,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 17K

Population Growth (5Y) -9.2%

Median Household Income $80,782

College Educated 50.3%

High-Yield Neighborhoods for Investment

Identify Cape May submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
08204	$2.8M

Taxes & Financing

Tax Rate (average for all types) 1.30%

Property Tax per SF $10.94 per SF

Tax Rate vs County Average 0.33 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cape May County

New Delisted

Total CRE Inventory on Market (SF)

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