Residential Income

Cape May, NJ Residential Income Properties for Sale

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Historic Apartment Building with Mansard Roof
Updated: Jun 25
Historic Apartment Building with Mansard Roof

933 Washington Street, Cape May, NJ 08204

$2,835,000
0.30 AC lot
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
Second floor has two 2‑bedroom, 1‑bath apartments; third floor has one 2‑bedroom, 1‑bath apartment
Driveway/parking accessed from Madison Avenue accommodates six vehicles; rear access via dedicated entrances and sun decks
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Duplex with Separate One-Bedroom Apartment
Updated: Mar 31
Duplex with Separate One-Bedroom Apartment

225-227 Windsor Ave, Cape May, NJ 08204

$2,750,000
Separate one‑bedroom apartment in addition to the main duplex‑style layout
6 bedrooms and 4 bathrooms with family room and dining room
Central air cooling plus forced‑air heating with propane and natural gas
Outdoor living with porch, patio, and deck, plus fenced yard and outside shower
Sprinkler system, shed, and sidewalks on a curbed exterior
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Two-Bedroom Residential Income Condo with Deck
Two-Bedroom Residential Income Condo with Deck

217 BEACH AVE #214, Cape May, NJ 08204

$1,175,000

Poolside 2-bedroom condo includes private laundry, deck access, and is offered fully furnished for rental or personal use.

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Historic Duplex with Income Potential
Historic Duplex with Income Potential

626 Hughes Street, Cape May, NJ 08204

$3,199,000

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

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Beachfront Condo with Ocean Views
Beachfront Condo with Ocean Views

217 BEACH AVE #308, Cape May, NJ 08204

$1,175,000

Third-floor 2-bedroom condo with ocean and pool views, private rear deck access, and elevator steps from the unit.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Cape May, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

Loft-Style Beachfront Condominium
Loft-Style Beachfront Condominium

1200 KENNEDY DRIVE #214, Wildwood, NJ 08260

$409,000
494 sqft

Renovated, fully furnished loft-style one-bedroom offers direct, unobstructed Atlantic Ocean views and access to resort amenities.

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Mixed-Use Retail and Apartment Building
Mixed-Use Retail and Apartment Building

4314-20 Boardwalk, Wildwood, NJ 08260

$7,500,000

Four leased Boardwalk retail stores plus three apartments, with natural gas heat and central air, zoned BRZ.

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Duplex with Pool and Central Air
Duplex with Pool and Central Air

5606 Pacific Avenue, Wildwood Crest, NJ 08260

$2,350,000

Duplex built in 1920 with central air, forced-air natural gas heat, and a pool, plus driveway parking and fenced yard.

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Move-In-Ready Duplex with Pool
Move-In-Ready Duplex with Pool

5606 Pacific Avenue, Wildwood Crest, NJ 08260

$2,350,000

Well-maintained duplex with two units, a front porch, and a backyard pool, near Wildwood Crest beaches.

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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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Bayside Homesite in Wildwood Crest
Bayside Homesite in Wildwood Crest

9300 Bayview Drive lot: 2.06, Wildwood Crest, NJ 08260

$650,000

Waterfront land for legacy home with bay views.

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

240 Marshall Road, North Cape May, NJ 08204

$200,000

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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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

Value Estimation by Request
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

Value Estimation by Request
2,961 sqft 0.10 AC lot
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1033 Washington St
APARTMENT HOUSE (UNDER 5 UNITS)

1033 Washington St, Cape May, NJ 08204-1750

$640,000
Estimated value
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

$1,265,000
Estimated value
2,160 sqft 0.14 AC lot
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717 Washington St
APARTMENT HOUSE (UNDER 5 UNITS)

717 Washington St, Cape May, NJ 08204-2330

$1,515,000
Estimated value
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

$600,000
Estimated value
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

$2,830,000
Estimated value
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

$2,360,000
Estimated value
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

$1,515,000
Estimated value
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

$3,970,000
Estimated value
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

$960,000
Estimated value
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

Value Estimation by Request
0.16 AC lot
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29 Ocean St
APARTMENT HOUSE (UNDER 5 UNITS)

29 Ocean St, Cape May, NJ 08204-2411

$3,665,000
Estimated value
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

$780,000
Estimated value
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

$1,285,000
Estimated value
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

$1,785,000
Estimated value
504 sqft 0.17 AC lot
View details
1507 Yacht Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1507 Yacht Ave, Cape May, NJ 08204-5224

$1,845,000
Estimated value
4,443 sqft 0.27 AC lot
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801 Stockton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

801 Stockton Ave, Cape May, NJ 08204-2446

$2,220,000
Estimated value
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

$2,485,000
Estimated value
5,695 sqft 0.18 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 5 active listings on our real estate platform.

Sale prices for residential income properties in Cape May, NJ start at $1,175,000, averaging $2,226,800, and reaching up to $3,199,000 — 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 2
Apartment buildings 1
Duplexes 1
Short term rental properties 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 $2.2M

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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