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Mixed-Use Property with On-Site Parking
For Sale
$1,999,999

1352 Washington Street, Cape May, NJ 08204

Four residential units accompany a commercial barber shop in a designated historic district setting.

Property SizeContact for details
Days on Market164

Property Features for 1352 Washington Street

General Information

Standard status Active
Total Parking Spaces 6
Property subtype MULTI-FAMILY / Fee Simple
Zoning R-2

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $8,626

Amenities

No
No Pool
Above Grade, Below Grade
Fenced Yard, Sidewalks

Building Details

Year Built 1920
Buildings 1
Listing Agency: HOMESTEAD REAL ESTATE CO. INC.
Listed By: Dagmer Chew · License #9591186
Source: Compass
Added: Mar 20 Changed: Aug 30 Last Checked: Aug 30 at 10:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOMESTEAD REAL ESTATE CO. INC.

Investment Insights

Based on property information with market context.

This mixed-use property combines four residential units with a commercial barber shop. The residential layout includes one one-bedroom unit and three two-bedroom units, each with a living room, kitchen, and bathroom. The third floor is used for storage and has no current egress. A full basement provides interior and exterior access, separate heating systems, and hot water infrastructure. Heating is supplied by natural gas baseboard systems, and the building does not have central air conditioning.

The property is located within the Historic District in Cape May and is zoned R-2. An on-site parking lot serves both residential occupants and the commercial space, with defined ingress and egress driveways. The existing structure is considered non-contributing, while the on-site billboard is recognized as a contributing feature. Residential and commercial occupancies are month to month, and the sale is offered strictly as-is.

Key Highlights

  • Mixed‑use building with four residential units and one commercial barber shop
  • Unit mix includes one one‑bedroom apartment and three two‑bedroom apartments
  • R‑2 zoning within Cape May’s Historic District

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Nail Salon Dental Office Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Demographics for 08204, NJ

17,090
Population
13,101
Households
1.3
Avg Household Size
54
Median Age
38%
College-Educated
95%
High-School Grad
20.5 sq mi
ZIP Area
834
Density / Sq Mi
$80,782
Median Household Income
$46,104
Median Earnings
$1,149
Median Rent
$399,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four residential units accompany a commercial barber shop in a designated historic district setting.
Where is this mixed-use property located?
The property is located at 1352 Washington Street Cape May, NJ.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Mixed‑use building with four residential units and one commercial barber shop; Unit mix includes one one‑bedroom apartment and three two‑bedroom apartments; R‑2 zoning within Cape May’s Historic District
More about this property
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