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Historic Duplex with Income Potential
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626 Hughes Street, Cape May, NJ 08204

Victorian duplex configured as two units with 5 bedrooms, 3½ baths, and private mahogany deck access.

Property SizeContact for details
Days on Market180

Property Features for 626 Hughes Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

cedar roof
two electric meters
two-zone heating and air conditioning
recessed lighting
blown-in insulation
outdoor shower
full basement
washer/dryer hookup
workshop
storage

Building Details

Year Built 1879
Stories 3
Units 2
Construction Victorian
Listing Agency: deSatnick Real Estate LLC - Cape May
Listed By: Kathleen Satt · License #1540358
Source: Crexi
Added: Mar 13 Changed: Sep 8 Last Checked: Jul 22 at 11:17AM

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 deSatnick Real Estate LLC - Cape May

Investment Insights

Based on property information with market context.

Joseph Hanes House (c. 1879) is a grand Victorian currently configured as two units that rent together as a single residence. The home offers 5 bedrooms and 3½ baths, and the layout allows for multiple living and rental setups, including living in one unit while generating rental income from the other, renting both separately, or restoring it to a single-family configuration. The first unit includes a front parlor, two bedrooms, one-and-a-half baths, and an open kitchen, dining, and living area that opens to a mahogany deck. The second/third floor unit is accessed via railed stairs and features an updated kitchen with cherry cabinetry and granite countertops, an open living and dining area, and a private rear mahogany deck, along with a three-room primary suite, additional bedrooms on the third floor, and abundant storage.

The property is located on one-way Hughes Street in the heart of Cape May’s Historic District, about three blocks to the beach and two blocks to the Washington Street Mall.

Additional details include a cedar roof, two electric meters, two-zone heating and air conditioning, recessed lighting, blown-in insulation, an outdoor shower, and a full basement with washer/dryer, workshop space, and ample storage.

Key Highlights

  • Victorian duplex built c. 1879 configured as 2 units with 5 bedrooms and 3.5 total baths
  • Full basement with washer/dryer, workshop, and ample storage
  • Two units with separate lavs and bathrooms: Unit 1 has 2 bedrooms/1.0 bath; Unit 2 has 3 bedrooms/2.0 baths

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Barber Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

917
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
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Frequently Asked Questions

What type of property is this?
Duplex - Victorian duplex configured as two units with 5 bedrooms, 3½ baths, and private mahogany deck access.
Where is this duplex located?
The property is located at 626 Hughes Street Cape May, NJ.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: Victorian duplex built c. 1879 configured as 2 units with 5 bedrooms and 3.5 total baths; Full basement with washer/dryer, workshop, and ample storage; Two units with separate lavs and bathrooms: Unit 1 has 2 bedrooms/1.0 bath; Unit 2 has 3 bedrooms/2.0 baths
(609) 972-4014 Call to check price and availability
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