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    Cape May, NJ Apartment Buildings for Sale

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    Wildwood Crest, NJ West Cape May, NJ North Cape May, NJ
    Historic Multifamily Home with Gardens
    $2,835,000
    0.30 Acres
    Historic Multifamily Home with Gardens

    933 Washington Street, Cape May, NJ 08204

    Five seasonal rental units plus an owner’s quarters, each with private baths and kitchens, set within established gardens.
    • Historic Thomas Webster House built in 1876 at Washington St & Madison Ave, French Second Empire design with Mansard‑style roof
    • Operates as four seasonal rental apartments plus first‑floor Owners Quarters, with private bathrooms and kitchens in each apartment
    • 5‑unit configuration: 1st floor includes 2‑bedroom/1‑bath Owner's Quarters and a separate 1‑bedroom/1‑bath; 2nd floor has two 2‑bedroom/1‑bath units; 3rd floor has one 2‑bedroom/1‑bath unit
    • Approximately 4,488 SF living space (per city tax assessor) across three levels over a half daylight partial basement
    • Heated by natural gas hot water boiler in the basement, feeding radiators throughout; three domestic hot water heaters in the basement
    Updated: Jun 25
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Cape May, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Wildwood Condo Portfolio with Buildable Lot
    $2,295,000
    Wildwood Condo Portfolio with Buildable Lot

    9-unit condo portfolio with buildable lot near beach.

    217-221 E Burk Ave, Wildwood, NJ 08260

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    Wildwood Condo Portfolio with Lot
    $2,295,000
    0.09 Acres
    Wildwood Condo Portfolio with Lot

    Nine condo units with development potential near Wildwood's attractions.

    217-221 E Burk Ave, Wildwood, NJ 08260

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    Commercial Property Approved for Conversion
    $2,000,000
    7,000 SF
    Commercial Property Approved for Conversion

    Commercial property with approvals for conversion to residential rental units.

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

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    Cape May Multifamily Conversion Opportunity
    $2,000,000
    7,000 SF
    Cape May Multifamily Conversion Opportunity

    Commercial property with approvals for conversion to nine residential units.

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

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

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    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

    View details

    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)
    2,287 SF Lot: 0.09 Acres
    Value Estimation by Request

    18 Gurney St, Cape May, NJ 08204-2408

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    28 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,961 SF Lot: 0.10 Acres
    Value Estimation by Request

    28 Jackson St, Cape May, NJ 08204-1465

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    1033 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,276 SF Lot: 0.23 Acres
    Estimated value
    $640,000

    1033 Washington St, Cape May, NJ 08204-1750

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    814 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,160 SF Lot: 0.14 Acres
    Estimated value
    $1,265,000

    814 Washington St, Cape May, NJ 08204-1652

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    717 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,188 SF Lot: 0.14 Acres
    Estimated value
    $1,515,000

    717 Washington St, Cape May, NJ 08204-2330

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    19 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.14 Acres
    Estimated value
    $600,000

    19 Ocean St, Cape May, NJ 08204-2411

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    1117 New Jersey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,781 SF Lot: 0.34 Acres
    Estimated value
    $2,830,000

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

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    24 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,012 SF Lot: 0.13 Acres
    Estimated value
    $2,360,000

    24 Ocean St, Cape May, NJ 08204-2412

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    223 Perry St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,410 SF Lot: 0.11 Acres
    Estimated value
    $1,515,000

    223 Perry St, Cape May, NJ 08204-1448

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    923 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    12,864 SF Lot: 1.04 Acres
    Estimated value
    $3,970,000

    923 Washington St, Cape May, NJ 08204-1661

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    201 Howard St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,100 SF Lot: 0.12 Acres
    Estimated value
    $960,000

    201 Howard St, Cape May, NJ 08204-2428

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    45 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.16 Acres
    Value Estimation by Request

    45 Jackson St, Cape May, NJ 08204-1417

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    29 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,138 SF Lot: 0.15 Acres
    Estimated value
    $3,665,000

    29 Ocean St, Cape May, NJ 08204-2411

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    15 Lafayette St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,712 SF Lot: 0.11 Acres
    Estimated value
    $780,000

    15 Lafayette St, Cape May, NJ 08204-5301

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    710 Columbia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,444 SF Lot: 0.09 Acres
    Estimated value
    $1,285,000

    710 Columbia Ave, Cape May, NJ 08204-2332

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    640 Hughes St
    APARTMENT HOUSE (UNDER 5 UNITS)
    504 SF Lot: 0.17 Acres
    Estimated value
    $1,785,000

    640 Hughes St, Cape May, NJ 08204-2334

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    1507 Yacht Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,443 SF Lot: 0.27 Acres
    Estimated value
    $1,845,000

    1507 Yacht Ave, Cape May, NJ 08204-5224

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    801 Stockton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,186 SF Lot: 0.19 Acres
    Estimated value
    $2,220,000

    801 Stockton Ave, Cape May, NJ 08204-2446

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    102 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,695 SF Lot: 0.18 Acres
    Estimated value
    $2,485,000

    102 Ocean St, Cape May, NJ 08204-2320

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    509 Columbia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,188 SF Lot: 0.14 Acres
    Estimated value
    $2,325,000

    509 Columbia Ave, Cape May, NJ 08204-2303

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    819 Stockton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,984 SF Lot: 0.08 Acres
    Estimated value
    $940,000

    819 Stockton Ave, Cape May, NJ 08204-2446

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    109 Howard St
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.17 Acres
    Estimated value
    $1,270,000

    109 Howard St, Cape May, NJ 08204-2426

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    115 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,601 SF Lot: 0.11 Acres
    Estimated value
    $1,880,000

    115 Ocean St, Cape May, NJ 08204-2319

    View details

    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 0 square feet of properties for sale, with an estimated market value of $2,835,000.

    Sale prices for two-family homes in Cape May, NJ start at $2,835,000, averaging $2,835,000, and reaching up to $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 $2.9M

    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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