Historic Apartment Building with Mansard
For Sale
$2,835,000
933 Washington Street, Cape May, NJ 08204
MULTI_FAMILY - Cape May, NJ
Property Size4,488 SF
Lot Size0.30 Acres
Price / SF$631.68
Days on Market49
Property Features for 933 Washington Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
R-3
Bedrooms
9
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 9, Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 3, Bathroom 5, Basement, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 8
Parking features
Driveway
Lot features
Corner
Subdivision
Cape May
Standard status
Active
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10546
Utilities
Heating system
Other (Heating), Hot Water(Heating), Natural Gas
Amenities
irrigation system
custom outdoor shower/bath
large shaded front porch
newly refreshed awnings
outdoor storage shed
beach chair box
security and fire alarm system
private fenced outdoor oasis
Building Details
Year built
1876
Number of units
5
Listing Agency:
JERSEY CAPE REALTY
(609) 884-5800
Listed By:
James M. Cheney · License #9700084
(609) 408-1948
Added: Jun 25
Changed: Aug 3
Last Checked: Aug 12 at 7:06AM
MLS# 261733
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.
Located at 933 Washington Street on the corner of Washington Street and Madison Avenue in Cape May, this historic Thomas Webster House was built in 1876. The three-level home over a half daylight partial basement is currently configured as four seasonal rental apartments, with private bathrooms and kitchens, plus a spacious first-floor Owners Quarters featuring a brand-new kitchen.
The first floor includes a 2-bedroom, 1-bath Owners Quarters and a separate 1-bedroom, 1-bath apartment. The second floor offers two 2-bedroom, 1-bath apartments, and the third floor includes one 2-bedroom, 1-bath apartment. Apartments are accessed from the rear through dedicated entrances and sun decks. The property also includes a fenced outdoor oasis behind the house, a large custom outdoor shower/bath, a shaded front porch with newly refreshed awnings, and surrounding gardens and lush lawns maintained with a brand-new irrigation system. A spacious driveway/parking area accessed from Madison Avenue accommodates six vehicles, mostly hidden from view.
Heating is provided by a natural gas fired hot water boiler in the basement, with radiators throughout the house, along with three domestic hot water heaters. The home has individual electric and gas meters and includes a security and fire alarm system, plus outdoor storage.
The building contains approximately 4,488 square feet of living space, and the lot contains approximately 14,000 square feet (0.2984 acres).
The first floor includes a 2-bedroom, 1-bath Owners Quarters and a separate 1-bedroom, 1-bath apartment. The second floor offers two 2-bedroom, 1-bath apartments, and the third floor includes one 2-bedroom, 1-bath apartment. Apartments are accessed from the rear through dedicated entrances and sun decks. The property also includes a fenced outdoor oasis behind the house, a large custom outdoor shower/bath, a shaded front porch with newly refreshed awnings, and surrounding gardens and lush lawns maintained with a brand-new irrigation system. A spacious driveway/parking area accessed from Madison Avenue accommodates six vehicles, mostly hidden from view.
Heating is provided by a natural gas fired hot water boiler in the basement, with radiators throughout the house, along with three domestic hot water heaters. The home has individual electric and gas meters and includes a security and fire alarm system, plus outdoor storage.
The building contains approximately 4,488 square feet of living space, and the lot contains approximately 14,000 square feet (0.2984 acres).
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four seasonal rental apartments with private bathrooms and kitchens, plus an owners quarters, zoned R-3.
Where is this apartment building located?
The property is located at 933 Washington Street Cape May, NJ.
What is the asking price?
The asking price for this property is $2,835,000.
What are key features of this property?
This property features: 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
