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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 Apartment Building with Mansard Roof

Updated: Jun 25

Historic Apartment Building with Mansard Roof

933 Washington Street, Cape May, NJ 08204

$2,835,000

0.30 AC lot

Zoned R‑3 historic home built in 1876 at 933 Washington Street in Cape May
Four seasonal rental apartments with private bathrooms and kitchens plus first‑floor Owners Quarters
Owners Quarters on first floor includes a brand‑new kitchen; additional 1‑bedroom, 1‑bath apartment
Second floor has two 2‑bedroom, 1‑bath apartments; third floor has one 2‑bedroom, 1‑bath apartment
Driveway/parking accessed from Madison Avenue accommodates six vehicles; rear access via dedicated entrances and sun decks

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 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.

Mixed-Use Building with Market & Rentals

Mixed-Use Building with Market & Rentals

100 E 24TH AVENUE, North Wildwood, NJ 08260

$1,600,000

4,000 sqft

Turnkey mixed-use building combines a market/deli with six residential rental units in North Wildwood, NJ.

9-Unit Apartment Condo Portfolio

9-Unit Apartment Condo Portfolio

217-221 E Burk Ave, Wildwood, NJ 08260

$2,295,000

Nine individually deeded condo units operate as short-term summer rentals, including eight two-bedroom units and one rear cottage.

Mixed-Use Market and Apartments

Mixed-Use Market and Apartments

100 E 24th Avenue, North Wildwood, NJ 08260

$1,600,000

Commercial storefront with six residential rental units and included equipment.

Two-Building Multifamily Complex

Two-Building Multifamily Complex

238 East Leaming Avenue, Wildwood, NJ 08260

$1,097,777

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

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

Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

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

Detached Two-Family Duplex

Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

Land Near Shepherd University

Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

Asheville Development Opportunity: 5.94 Acres

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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

$390,000

Estimated value

2,287 sqft 0.09 AC lot

28 Jackson St

APARTMENT HOUSE (UNDER 5 UNITS)

28 Jackson St, Cape May, NJ 08204-1465

$480,000

Estimated value

2,961 sqft 0.10 AC lot

1033 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

1033 Washington St, Cape May, NJ 08204-1750

$305,000

Estimated value

3,276 sqft 0.23 AC lot

814 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

814 Washington St, Cape May, NJ 08204-1652

$1,880,000

Estimated value

2,160 sqft 0.14 AC lot

717 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

717 Washington St, Cape May, NJ 08204-2330

$2,355,000

Estimated value

3,188 sqft 0.14 AC lot

19 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

19 Ocean St, Cape May, NJ 08204-2411

$600,000

Estimated value

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

$4,535,000

Estimated value

4,781 sqft 0.34 AC lot

24 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

24 Ocean St, Cape May, NJ 08204-2412

$3,745,000

Estimated value

4,012 sqft 0.13 AC lot

223 Perry St

APARTMENT HOUSE (UNDER 5 UNITS)

223 Perry St, Cape May, NJ 08204-1448

$2,125,000

Estimated value

3,410 sqft 0.11 AC lot

923 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

923 Washington St, Cape May, NJ 08204-1661

$4,270,000

Estimated value

12,864 sqft 1.04 AC lot

201 Howard St

APARTMENT HOUSE (UNDER 5 UNITS)

201 Howard St, Cape May, NJ 08204-2428

$960,000

Estimated value

5,100 sqft 0.12 AC lot

45 Jackson St

APARTMENT HOUSE (UNDER 5 UNITS)

45 Jackson St, Cape May, NJ 08204-1417

$250,000

Estimated value

0.16 AC lot

29 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

29 Ocean St, Cape May, NJ 08204-2411

$3,995,000

Estimated value

5,138 sqft 0.15 AC lot

15 Lafayette St

APARTMENT HOUSE (UNDER 5 UNITS)

15 Lafayette St, Cape May, NJ 08204-5301

$780,000

Estimated value

3,712 sqft 0.11 AC lot

710 Columbia Ave

APARTMENT HOUSE (UNDER 5 UNITS)

710 Columbia Ave, Cape May, NJ 08204-2332

$1,330,000

Estimated value

2,444 sqft 0.09 AC lot

640 Hughes St

APARTMENT HOUSE (UNDER 5 UNITS)

640 Hughes St, Cape May, NJ 08204-2334

$1,860,000

Estimated value

504 sqft 0.17 AC lot

1507 Yacht Ave

APARTMENT HOUSE (UNDER 5 UNITS)

1507 Yacht Ave, Cape May, NJ 08204-5224

$1,940,000

Estimated value

4,443 sqft 0.27 AC lot

801 Stockton Ave

APARTMENT HOUSE (UNDER 5 UNITS)

801 Stockton Ave, Cape May, NJ 08204-2446

$2,440,000

Estimated value

7,186 sqft 0.19 AC lot

102 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

102 Ocean St, Cape May, NJ 08204-2320

$2,455,000

Estimated value

5,695 sqft 0.18 AC lot

509 Columbia Ave

APARTMENT HOUSE (UNDER 5 UNITS)

509 Columbia Ave, Cape May, NJ 08204-2303

$2,330,000

Estimated value

5,188 sqft 0.14 AC lot

819 Stockton Ave

APARTMENT HOUSE (UNDER 5 UNITS)

819 Stockton Ave, Cape May, NJ 08204-2446

$1,045,000

Estimated value

2,984 sqft 0.08 AC lot

109 Howard St

APARTMENT HOUSE (UNDER 5 UNITS)

109 Howard St, Cape May, NJ 08204-2426

$1,330,000

Estimated value

0.17 AC lot

115 Ocean St

APARTMENT HOUSE (UNDER 5 UNITS)

115 Ocean St, Cape May, NJ 08204-2319

$1,935,000

Estimated value

2,601 sqft 0.11 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.

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.

List

Map

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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