Residential Income

Cape May, NJ Residential Income Properties for Sale

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Erma, NJ West Cape May, NJ Wildwood Crest, NJ Wildwood, NJ Rio Grande, NJ Villas, NJ West Wildwood, NJ North Wildwood, 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
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Historic Duplex with Private Deck
Updated: Oct 31
Historic Duplex with Private Deck

626 Hughes Street, Cape May, NJ 08204

$2,950,000
Duplex layout with two separate living areas and two kitchens
5 bedrooms, 3 full baths, and 2 half baths combined
Built in 1879; identified as Queen Anne‑style architecture
Two electric meters and two‑zone heating and air conditioning
Full basement with laundry and workshop; outdoor shower
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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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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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4 active listings match your search: Residential Income for sale in Cape May, NJ. Based on your search, we've also compiled 76 Potential Opportunities for your consideration: 4 properties in nearby cities, 68 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Four-Unit Short-Term Rental Property
Four-Unit Short-Term Rental Property

6410 Pacific Ave, Wildwood Crest, NJ 08260

$1,350,000
4,000 sqft

A 4,000-square-foot property in Wildwood Crest includes ocean views from its second-floor deck.

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Two-Unit Duplex with Ocean Views
Two-Unit Duplex with Ocean Views

7900 Atlantic Avenue, Wildwood Crest, NJ 08260

$1,550,000

Each residence has three bedrooms, two full bathrooms, and a covered porch.

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Mixed-Use Property with Boardwalk Frontage
Mixed-Use Property with Boardwalk Frontage

4314-20 Boardwalk, Wildwood, NJ 08260

$6,500,000

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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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 on Cape May Canal
Residential Land on Cape May Canal

Cape May, NJ 08204

$1,450,000
1.20 AC lot

Luxury residential land with water views and potential waterway access.

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Vacant Land in Whitesboro, NJ
Vacant Land in Whitesboro, NJ

Clinton Avenue lot: 2, Whitesboro, NJ 08210

Contact for pricing
0.07 AC lot

Serene, wooded 0.07-acre lot with potential under Rural Conservation zoning.

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Cleared Residential Lot Near Shore
Cleared Residential Lot Near Shore

18 E Ravenwood Drive lot: 16.12, Clermont, NJ 08210

$295,000
2.15 AC lot

2.15 acre residential lot ready to build near shore.

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Expansive 33+ Acre Parcel
Expansive 33+ Acre Parcel

ROUTE 47, Delmont, NJ 08314

$239,000
33.61 AC lot

33.61-acre property near Route 55, ideal for private estate.

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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
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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
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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
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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
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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
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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
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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
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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
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45 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

45 Jackson St, Cape May, NJ 08204-1417

Estimated value:
$250,000
0.16 AC lot
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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 Residential Income Properties Market Trends and Statistics

Explore 72 residential income 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 $8,620,000.

Sale prices for residential investment properties in Cape May, NJ start at $2,835,000, averaging $2,873,333, and reaching up to $2,950,000 — 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

Multifamily properties 4
Apartment buildings 2
Duplexes 2
Short term rental properties 2

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 $2.9M

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)

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