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    Cape May, NJ Multifamily Properties for Sale

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    Erma, NJ Wildwood Crest, NJ Wildwood, NJ Rio Grande, NJ Villas, NJ West Wildwood, NJ North Wildwood, NJ Green Creek, NJ
    Historic Five-Unit Apartment Building
    Updated: Jun 25
    Historic Five-Unit Apartment Building

    933 Washington Street, Cape May, NJ 08204

    $2,835,000
    0.30 AC lot
    Five‑unit configuration: four seasonal apartments plus first‑floor owner’s quarters
    Approximately 4,488 square feet on an approximately 0.2984‑acre lot
    Built in 1876 with French Second Empire architecture and a Mansard‑style roof
    Three levels over a half‑daylight partial basement
    Driveway parking for six vehicles, accessed from Madison Avenue
    View details
    Furnished Two-Bedroom Condo
    Updated: Mar 11
    Furnished Two-Bedroom Condo

    217 BEACH AVE #214, Cape May, NJ 08204

    $1,175,000
    Approximately 864 square feet with 2 bedrooms and 1 bath
    Oceanfront setting with direct pool views and beach access steps away
    Living and dining area with deck access; primary bedroom opens to the deck
    Updated kitchen with granite countertops, new flooring, and updated appliances
    Private laundry and fully furnished interiors
    View details
    Historic Five-Unit Apartment Building
    Historic Five-Unit Apartment Building

    933 Washington St, Cape May, NJ 08204

    $2,835,000
    13,000 sqft 0.32 AC lot

    Historic multi-unit property with private kitchens, bathrooms, separate entrances, and outdoor spaces for each seasonal apartment.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Historic Duplex with Income Potential
    Historic Duplex with Income Potential

    626 Hughes Street, Cape May, NJ 08204

    Contact for pricing

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

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Cape May, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    4-Unit Quadplex with Decks
    4-Unit Quadplex with Decks

    211 E Heather Rd, Wildwood Crest, NJ 08260

    $1,100,000
    3,618 sqft

    Four two-bedroom apartments pair varied interior updates with a detached building for shared use.

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    4-Unit Quadplex with Decks
    4-Unit Quadplex with Decks

    211 E Heather Road, Wildwood Crest, NJ 08260

    $1,100,000

    Each apartment includes two bedrooms, a full bath, a kitchen, and separate living and dining areas.

    View details
    Mixed-Use Property with Boardwalk Frontage
    Mixed-Use Property with Boardwalk Frontage

    4314-20 Boardwalk, Wildwood, NJ 08260

    $7,500,000

    Four leased retail stores and three apartments create a mixed-use configuration with existing rental occupancy.

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    Reconstructed Quadplex with Sauna
    Reconstructed Quadplex with Sauna

    211-13 W Wildwood Ave, Wildwood, NJ 08260

    $1,295,000

    Four separately metered condominium units combine short-term rental flexibility with an existing year-round lease.

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    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)

    18 Gurney St, Cape May, NJ 08204-2408

    Estimated value:
    $390,000
    2,287 sqft 0.09 AC lot
    View details
    28 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)

    28 Jackson St, Cape May, NJ 08204-1465

    Estimated value:
    $480,000
    2,961 sqft 0.10 AC lot
    View details
    1033 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1033 Washington St, Cape May, NJ 08204-1750

    Estimated value:
    $305,000
    3,276 sqft 0.23 AC lot
    View details
    814 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)

    814 Washington St, Cape May, NJ 08204-1652

    Estimated value:
    $1,880,000
    2,160 sqft 0.14 AC lot
    View details
    717 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)

    717 Washington St, Cape May, NJ 08204-2330

    Estimated value:
    $2,355,000
    3,188 sqft 0.14 AC lot
    View details
    19 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)

    19 Ocean St, Cape May, NJ 08204-2411

    Estimated value:
    $600,000
    3,888 sqft 0.14 AC lot
    View details
    1117 New Jersey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

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

    Estimated value:
    $4,535,000
    4,781 sqft 0.34 AC lot
    View details
    24 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)

    24 Ocean St, Cape May, NJ 08204-2412

    Estimated value:
    $3,745,000
    4,012 sqft 0.13 AC lot
    View details
    223 Perry St
    APARTMENT HOUSE (UNDER 5 UNITS)

    223 Perry St, Cape May, NJ 08204-1448

    Estimated value:
    $2,125,000
    3,410 sqft 0.11 AC lot
    View details
    923 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)

    923 Washington St, Cape May, NJ 08204-1661

    Estimated value:
    $4,270,000
    12,864 sqft 1.04 AC lot
    View details
    201 Howard St
    APARTMENT HOUSE (UNDER 5 UNITS)

    201 Howard St, Cape May, NJ 08204-2428

    Estimated value:
    $960,000
    5,100 sqft 0.12 AC lot
    View details
    45 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)

    45 Jackson St, Cape May, NJ 08204-1417

    Estimated value:
    $250,000
    0.16 AC lot
    View details
    29 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)

    29 Ocean St, Cape May, NJ 08204-2411

    Estimated value:
    $3,995,000
    5,138 sqft 0.15 AC lot
    View details
    15 Lafayette St
    APARTMENT HOUSE (UNDER 5 UNITS)

    15 Lafayette St, Cape May, NJ 08204-5301

    Estimated value:
    $780,000
    3,712 sqft 0.11 AC lot
    View details
    710 Columbia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    710 Columbia Ave, Cape May, NJ 08204-2332

    Estimated value:
    $1,330,000
    2,444 sqft 0.09 AC lot
    View details
    640 Hughes St
    APARTMENT HOUSE (UNDER 5 UNITS)

    640 Hughes St, Cape May, NJ 08204-2334

    Estimated value:
    $1,860,000
    504 sqft 0.17 AC lot
    View details
    1507 Yacht Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1507 Yacht Ave, Cape May, NJ 08204-5224

    Estimated value:
    $1,940,000
    4,443 sqft 0.27 AC lot
    View details
    801 Stockton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    801 Stockton Ave, Cape May, NJ 08204-2446

    Estimated value:
    $2,440,000
    7,186 sqft 0.19 AC lot
    View details
    102 Ocean St
    APARTMENT HOUSE (UNDER 5 UNITS)

    102 Ocean St, Cape May, NJ 08204-2320

    Estimated value:
    $2,455,000
    5,695 sqft 0.18 AC lot
    View details
    509 Columbia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    509 Columbia Ave, Cape May, NJ 08204-2303

    Estimated value:
    $2,330,000
    5,188 sqft 0.14 AC lot
    View details

    Cape May, NJ Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Cape May, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,000 square feet of properties for sale, with an estimated market value of $6,845,000.

    Sale prices for multifamily properties in Cape May, NJ start at $1,175,000, averaging $2,281,666, and reaching up to $2,835,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 3
    Apartment buildings 2
    Duplexes 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 average listing prices of real estate assets

    Neighborhood Average Price
    08204 $2.4M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Cape May County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Cape May, NJ

    • 08204

    Featured Cape May Real Estate Agencies

    Realmo connects you with licensed Cape May CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Jersey Cape Realty
    739 Washington Street Cape May, NJ 08204
    Phone: 16098845800
    www.JerseyCapeRealty.com
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