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Three-Unit Multifamily Property
For Sale
$425,000

536-538 Adams Avenue, Woodbine, NJ 08270

MULTI_FAMILY - Woodbine, NJ

Property SizeContact for details
Days on Market115

Property Features for 536-538 Adams Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning TC
Bedrooms 6
Bathrooms 3
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 5, Laundry Room, Bedroom 3, Bedroom 1, Dining Room, Bedroom 4
Parking features Driveway
Exterior features Sidewalks
Lot features Inside Lot
Subdivision Woodbine
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3960

Utilities

Heating system Baseboard, Forced Air, Space Heater, Natural Gas, Heat Pump (Heating)
Cooling system Ceiling Fan(s)

Building Details

Year built 1948
Number of units 3
Listing Agency: BLUE HOMES REAL ESTATE LLC
Listed By: Scott Kurkowski · License #1861048
Added: May 1 Changed: Aug 19 Last Checked: Aug 23 at 2:06PM
MLS# 261158

Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex property includes two buildings: a duplex and a separate house. The duplex offers a first-floor two-bedroom, one-bath unit with a sizable kitchen and living area, laundry space, and additional storage. Its upper residence is a two-level, two-bedroom, two-bath unit. The detached home contains two bedrooms, one bathroom, a spacious kitchen, and a full bathroom, along with a utility and laundry room.

Electric and gas service are separately metered for each unit. Two of the three units are vacant and cleaned, while one remains tenant occupied. A new septic system is scheduled for installation by late August. The property also includes driveway parking and sidewalks, is zoned TC, and was built in 1948. A new park is located next door.

Key Highlights

  • Three total units across two buildings: one duplex and one separate house
  • Duplex includes a 2‑bedroom, 1‑bath first‑floor unit and a 2‑bedroom, 2‑bath two‑level upper unit
  • Separate house offers 2 bedrooms, 1 bathroom, kitchen, and utility/laundry room

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Hair Salon

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

3
Residential units
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 08270, NJ

7,913
Population
3,717
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
91%
High-School Grad
102.9 sq mi
ZIP Area
77
Density / Sq Mi
$95,033
Median Household Income
$50,520
Median Earnings
$1,145
Median Rent
$298,800
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?
Triplex - Two buildings provide a duplex and a separate single-family residence with individually metered electric and gas service.
Where is this triplex located?
The property is located at 536-538 Adams Avenue Woodbine, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three total units across two buildings: one duplex and one separate house; Duplex includes a 2‑bedroom, 1‑bath first‑floor unit and a 2‑bedroom, 2‑bath two‑level upper unit; Separate house offers 2 bedrooms, 1 bathroom, kitchen, and utility/laundry room
More about this property
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