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    414-416 Broadway Cape May, NJ 08204

    Under Contract
    For Sale
    $2,100,000

    MULTI_FAMILY - Victorian - CAPE MAY, NJ

    Property size:
    2,572 SF
    Lot size:
    0.18 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 414-416 Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Parking
    6
    Parking features
    Parking Lot, Driveway
    Size
    2,572 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Number of units
    2
    Building materials
    Frame
    Architectural style
    Victorian

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent Carlo Drogo Sr. (856) 333-3760

    Listing date Nov 25, 2025

    MLS# NJCM2004390 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Victorian Multifamily Property in Cape May

    Located in Cape May, this property at 414-416 Broadway presents an opportunity for investors and owner-occupants. Formerly a duplex, the building has been transformed into two individual condos, available for purchase separately or together at a discounted price. Each unit features character, charm, and renovations. Each condo includes 4 bedrooms and 2 full bathrooms. The property, suitable for Airbnb rentals, occupies a lot of 0.18 acres and has a total size of 2572 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Spa & Massage Dental Office Restaurant Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape May
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.93048
    Latitude
    38.93896

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    FAQs

    What type of property is this?
    Duplex - Two renovated condos, purchase separately or together, ideal for investors.
    Where is this duplex located?
    The property is located at 414-416 Broadway Cape May, NJ.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Two renovated condos available, formerly a duplex, offering flexibility for owner-occupants or investors.; - Opportunity to purchase both condos together at a discounted price.; - Each unit features **4 bedrooms and 2 full bathrooms**, ideal for guests or Airbnb rentals.
    (856) 333-3760
    Request Owner's contact information
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    Cape May, NJ 08204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    414-416 Broadway Cape May, NJ 08204
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