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    Cape May, NJ Multifamily Properties for Sale

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    Wildwood Crest, NJ West Cape May, NJ North Cape May, NJ
    Historic Cape May Multifamily Property
    $2,860,000
    4,488 SF

    Historic Cape May Multifamily Property

    933 Washington Street, Cape May, NJ 08204

    Historic multifamily property with rental income potential in Cape May.

    • Prime location: close proximity to beaches, shops, restaurants, and historic district.
    • Income‑generating property: currently configured as four rental apartments plus owner's quarters.
    • Large lot size: approximately 14,000 square feet with well‑maintained gardens and lush lawns.
    • Flexible usage options: potential for conversion to a single‑family home, condominium, or increased rental income.
    • Spacious parking: driveway accommodates six vehicles.
    Updated: Sep 7, 2025
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    Victorian Charm in Cape May
    $2,750,000

    Victorian Charm in Cape May

    225-227 Windsor Ave, Cape May, NJ 08204

    Coastal retreat near the beach and historic district.

    • Prime location: Moments from the beach and Cape May's historic district.
    • Separate one‑bedroom apartment: Ideal for guests, family, or rental income.
    • Spacious layout: 6 bedrooms and 4 bathrooms suitable for living and entertaining.
    • Desirable lot with outdoor space: Perfect for dining, lounging, or creating a private oasis.
    • Victorian charm with modern comfort: Blend of classic character and updated amenities.
    Updated: Mar 31
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    Historic Cape May Victorian Duplex
    $3,199,000

    Historic Cape May Victorian Duplex

    Charming Victorian duplex in Cape May's Historic District.

    626 Hughes Street, Cape May, NJ 08204
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Cape May, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wildwood Crest Multi-Family Apartment
    $399,900

    Wildwood Crest Multi-Family Apartment

    Multi-family apartment in Wildwood Crest, New Jersey for sale.

    422 FARRAGUT RD #201, Wildwood Crest, NJ 08260
    View details
    Wildwood Crest Multifamily Income Property
    $2,350,000

    Wildwood Crest Multifamily Income Property

    Move-in-ready duplex near beaches offering income potential.

    5606 Pacific Avenue, Wildwood Crest, NJ 08260
    View details
    Boardwalk Mixed-Use Investment Opportunity
    $7,500,000
    28,000 SF

    Boardwalk Mixed-Use Investment Opportunity

    Rare beachfront property with retail, apartments, parking, and redevelopment potential.

    4314-20 Boardwalk, Wildwood, NJ 08260
    View details
    Wildwood Townhome Near Beach
    $600,000
    1,470 SF

    Wildwood Townhome Near Beach

    Well-maintained townhome near the beach, boardwalk, and Wildwood attractions.

    217 E SPENCER AVE #217B, Wildwood, NJ 8260
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Near Beaches
    $85,000
    0.22 Acres

    Residential Land Near Beaches

    Land for sale near beaches in Milton, Delaware.

    28558 West Springside Drive, Milton, DE 19968
    View details
    Land in Bridgeville, Delaware
    $249,000
    8.94 Acres

    Land in Bridgeville, Delaware

    Land for sale in Bridgeville, DE with subdivision potential.

    RESIDUAL LOT SEASHORE Highway, Bridgeville, DE 19933
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    Smyrna Land with Well & Septic
    $99,999
    0.34 Acres

    Smyrna Land with Well & Septic

    Ready-to-build lot with well, septic, and foundation in place.

    11 NORTH Avenue, Smyrna, DE 19977
    View details
    Land in Bridgeville, Delaware
    $149,000
    2.71 Acres

    Land in Bridgeville, Delaware

    Land with minor subdivision and restrictions in Bridgeville, Delaware.

    SEASHORE Highway lot: 1, Bridgeville, DE 19933
    View details

    Off-Market Properties in Cape May, NJ

    Consider similar Off-Market properties in Cape May, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    18 Gurney St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,287 SF Lot: 0.09 Acres
    Value Estimation by Request

    18 Gurney St, Cape May, NJ 08204-2408

    View details
    28 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,961 SF Lot: 0.10 Acres
    Value Estimation by Request

    28 Jackson St, Cape May, NJ 08204-1465

    View details
    1033 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,276 SF Lot: 0.23 Acres
    Estimated value
    $640,000

    1033 Washington St, Cape May, NJ 08204-1750

    View details
    814 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,160 SF Lot: 0.14 Acres
    Estimated value
    $1,265,000

    814 Washington St, Cape May, NJ 08204-1652

    View details
    717 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,188 SF Lot: 0.14 Acres
    Estimated value
    $1,515,000

    717 Washington St, Cape May, NJ 08204-2330

    View details
    19 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,888 SF Lot: 0.14 Acres
    Estimated value
    $600,000

    19 Ocean St, Cape May, NJ 08204-2411

    View details
    1117 New Jersey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,781 SF Lot: 0.34 Acres
    Estimated value
    $2,830,000

    1117 New Jersey Ave, Cape May, NJ 08204-2638

    View details
    24 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,012 SF Lot: 0.13 Acres
    Estimated value
    $2,360,000

    24 Ocean St, Cape May, NJ 08204-2412

    View details
    223 Perry St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,410 SF Lot: 0.11 Acres
    Estimated value
    $1,515,000

    223 Perry St, Cape May, NJ 08204-1448

    View details
    923 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    12,864 SF Lot: 1.04 Acres
    Estimated value
    $3,970,000

    923 Washington St, Cape May, NJ 08204-1661

    View details
    201 Howard St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,100 SF Lot: 0.12 Acres
    Estimated value
    $960,000

    201 Howard St, Cape May, NJ 08204-2428

    View details
    45 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.16 Acres
    Value Estimation by Request

    45 Jackson St, Cape May, NJ 08204-1417

    View details
    29 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,138 SF Lot: 0.15 Acres
    Estimated value
    $3,665,000

    29 Ocean St, Cape May, NJ 08204-2411

    View details
    15 Lafayette St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,712 SF Lot: 0.11 Acres
    Estimated value
    $780,000

    15 Lafayette St, Cape May, NJ 08204-5301

    View details
    710 Columbia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,444 SF Lot: 0.09 Acres
    Estimated value
    $1,285,000

    710 Columbia Ave, Cape May, NJ 08204-2332

    View details
    640 Hughes St
    APARTMENT HOUSE (UNDER 5 UNITS)
    504 SF Lot: 0.17 Acres
    Estimated value
    $1,785,000

    640 Hughes St, Cape May, NJ 08204-2334

    View details
    1507 Yacht Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,443 SF Lot: 0.27 Acres
    Estimated value
    $1,845,000

    1507 Yacht Ave, Cape May, NJ 08204-5224

    View details
    801 Stockton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,186 SF Lot: 0.19 Acres
    Estimated value
    $2,220,000

    801 Stockton Ave, Cape May, NJ 08204-2446

    View details
    102 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,695 SF Lot: 0.18 Acres
    Estimated value
    $2,485,000

    102 Ocean St, Cape May, NJ 08204-2320

    View details
    509 Columbia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,188 SF Lot: 0.14 Acres
    Estimated value
    $2,325,000

    509 Columbia Ave, Cape May, NJ 08204-2303

    View details
    819 Stockton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,984 SF Lot: 0.08 Acres
    Estimated value
    $940,000

    819 Stockton Ave, Cape May, NJ 08204-2446

    View details

    Cape May, NJ Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Cape May, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,488 square feet of properties for sale, with an estimated market value of $2,860,000.

    Sale prices for multifamily properties in Cape May, NJ start at $2,860,000, averaging $2,860,000, and reaching up to $2,860,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Duplexes 2
    Short term rental properties 2
    Apartment buildings 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) -9.2%
    Median Household Income $80,782
    College Educated 50.3%

    High-Yield Neighborhoods for Investment

    Identify Cape May submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    08204 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.30%
    Property Tax per SF $10.94 per sq ft
    Tax Rate vs County Average 0.33 pp below county avg
    Average Loan-to-Value 65.0%

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