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    Cape May, NJ
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    Cape May, NJ Residential Income Properties for Sale

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    6 properties
    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
    Duplex with Separate Apartment
    Updated: Mar 31
    Duplex with Separate Apartment

    225-227 Windsor Ave, Cape May, NJ 08204

    $2,750,000
    Six‑bedroom, four‑bath home with a separate one‑bedroom apartment
    Built in 1980
    Central air and forced‑air heating
    Porch, enclosed porch, screened porch, deck, and patio
    Fenced yard with shed, outside shower, and sprinkler system
    View details
    Furnished Two-Bedroom Condo
    Furnished Two-Bedroom Condo

    217 BEACH AVE #214, Cape May, NJ 08204

    $1,175,000

    Oceanfront condo with pool views, private laundry, deck access, and optional on-site rental management.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Furnished Ocean-View Condo
    Furnished Ocean-View Condo

    217 BEACH AVE #308, Cape May, NJ 08204

    $1,175,000

    Two-bedroom condominium with a renovated kitchen, private deck access, pool views, and participation in an on-site rental program.

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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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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Cape May, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

    Triplex with Private Pool
    Triplex with Private Pool

    130 W Buttercup Road, Wildwood Crest, NJ 08260

    $1,695,000

    Three distinct living areas offer separate kitchens, baths, living rooms, and dining spaces for flexible occupancy.

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    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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    Duplex with Pool
    Duplex with Pool

    5606 Pacific Avenue, Wildwood Crest, NJ 08260

    $2,350,000

    Fenced outdoor space includes a porch, deck, patio, grill, and outside shower.

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    Reconstructed Quadplex with Sauna
    Reconstructed Quadplex with Sauna

    211-13 W Wildwood Ave, Wildwood, NJ 08260

    $1,395,000

    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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    Residential Lot in North Cape May
    Residential Lot in North Cape May

    240 Marshall Road, North, Cape May, NJ 08204

    $669,990

    Shovel-ready residential lot in North Cape May.

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    Cape May Homesite Opportunity
    Cape May Homesite Opportunity

    122 Central Ave, Cape May Court House, NJ 08210

    $150,000
    0.41 AC lot

    Corner homesite near beaches, shopping, and Garden State Parkway.

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    Residential Land in Prime Neighborhood
    Residential Land in Prime Neighborhood

    122 Central Avenue lot: 13, Cape May Court House, NJ 08210

    $150,000
    0.42 AC lot

    Corner homesite for custom home with coastal convenience.

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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

    Cape May, NJ Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Cape May, NJ, showcased through 6 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 $10,770,000.

    Sale prices for residential income properties in Cape May, NJ start at $1,175,000, averaging $2,154,000, 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

    Multifamily properties 5
    Short term rental properties 3
    Apartment buildings 2
    Duplexes 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 $2.3M

    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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    Popular Searches in Cape May, NJ

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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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