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Cape May, NJ Multifamily Homes & Duplexes for Sale

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  • 1361C Illinois Ave, Cape May, NJ 08204
    1361C Illinois Ave, Cape May, NJ 08204
    1361C Illinois Ave, Cape May, NJ 08204
    /14

    $695,000

    • 2 Beds
    • 1 Bath

    1361C Illinois Ave, Cape May, NJ 08204

    Welcome to your dream coastal getaway—just steps from the sandy shores of Cape May Beach! This charming beachside home offers the perfect blend of relaxation and recreation in one of New Jersey’s most desirable coastal towns. Enjoy an expansive outdoor deck ideal for lounging, dining, and soaking in the ocean breezes. The outdoor shower adds convenience after a beach day, while the semi-fenced

    Anthony Celano REDFIN CORPORATION

    1361C Illinois Ave, Cape May, NJ 08204
  • 4 Osprey Dr, Cape May, NJ 08204
    4 Osprey Dr, Cape May, NJ 08204
    4 Osprey Dr, Cape May, NJ 08204
    /30

    $439,000

    • 3 Beds
    • 2 Baths
    • 1,176 Sq Ft

    4 Osprey Dr, Cape May, NJ 08204

    This charming quad is perfect for a growing family or an investor. 3 bedrooms, 2 baths on a quiet tree lined cul-de-sac with new hardwood flooring, a recently renovated kitchen and brand new roof. Close to Lower Township schools, 10 minutes to the Delaware Bay, and 15 to the beaches and shops of Cape May, this home is perfectly located. Schedule a showing today! Seller is a licensed NJ Real

    Joseph Gilmartin CENTURY 21 GILMARTIN & CO

    4 Osprey Dr, Cape May, NJ 08204
  • 626 Hughes St, Cape May, NJ 08204
    626 Hughes St, Cape May, NJ 08204
    626 Hughes St, Cape May, NJ 08204
    /50

    $3,495,000

    • 5 Beds
    • 3 Baths
    • 3,141 Sq Ft

    626 Hughes St, Cape May, NJ 08204

    Shown between rentals

    Charity R Clark, Abr, Gri CAPE RESORTS REALTY

    626 Hughes St, Cape May, NJ 08204
  • 1083 Seashore Rd, Cape May, NJ 08204
    1083 Seashore Rd, Cape May, NJ 08204
    1083 Seashore Rd, Cape May, NJ 08204
    /23

    $1,250,000

    • 8 Beds
    • 5 Baths
    • 3,710 Sq Ft

    1083 Seashore Rd, Cape May, NJ 08204

    This fantastic opportunity is available now. Close to Cape May in a quiet yet accessible neighborhood, this expansive property is for homeowners and developers alike. This pre-existing non-conforming home exudes charm and character, boasting generous square footage that allows endless options for customization. The layout features multiple rooms with high ceilings, abundant natural light. The

    Janice Conwell HOMESTEAD REAL ESTATE CO. INC.

    1083 Seashore Rd, Cape May, NJ 08204
  • 918 Stockton Ave, Cape May, NJ 08204
    918 Stockton Ave, Cape May, NJ 08204
    918 Stockton Ave, Cape May, NJ 08204
    /41

    $2,750,000

    • 7 Beds
    • 3 Baths

    918 Stockton Ave, Cape May, NJ 08204

    Welcome to your beach block beauty! This "Folk Victorian" 3-story home is in a premier location just one block to Queen Street Beach. With ocean views from the second floor and the third floor looks out onto the beach and jetty, you can check the surf, watch the boats cruising by and enjoy spectacular sunrises and sunsets from multiple levels. Soak in the breeze from the wraparound porches on the

    Amanda Lee Kriebel deSatnick Real Estate LLC - Cape May

    918 Stockton Ave, Cape May, NJ 08204
  • 202 Perry St, Cape May, NJ 08204
    202 Perry St, Cape May, NJ 08204
    202 Perry St, Cape May, NJ 08204
    /49

    $3,900,000

    • 2 Beds
    • 4 Baths
    • 4,932 Sq Ft

    202 Perry St, Cape May, NJ 08204

    The Clinton Hotel centrally located on corner lot 2 blocks to beach consists of a 3-story multi-family building w/attached 2-bedroom cottage. Dwelling has 16 rental rooms, 2 baths, 2 half baths on 2nd/3rd floors, and 1st floor owner’s quarters (3 bedrooms/1 bath) w/some heat (gas heat is not functional and will not be repaired). Property for sale, land and premises, situate 202 Perry Street, Cape

    Kim Marie Dellas, SRES, GRI, ABR, SRS DELLAS AGENCY

    202 Perry St, Cape May, NJ 08204
  • 414 Broadway Unit 416, Cape May, NJ 08204
    414 Broadway Unit 416, Cape May, NJ 08204
    414 Broadway Unit 416, Cape May, NJ 08204
    /74

    $2,200,000

    • Studio
    • 2,572 Sq Ft

    414 Broadway Unit 416, Cape May, NJ 08204

    Now Available in the sought-after Cape May area is an incredible opportunity for both investors and owner-occupants ! 414-416 Broadway, formerly a duplex, has been transformed into two stunning individual condos, now available for purchase either separately or together at a discounted price . Each unit boasts unique character, charm, and impressive renovations . With 4 bedrooms and 2 full

    Carlo Drogo EXP Realty, LLC

    414 Broadway Unit 416, Cape May, NJ 08204
New Jersey Cape May County Cape May

Multi-Family Homes & Duplexes for Sale in Cape May, NJ

Why Live in Cape May

Cape May, located at the southern tip of New Jersey, is historically recognized as America's first seaside resort. This small coastal town is celebrated for its pristine beaches and rich history, making it an attractive place for those who appreciate both. The town features over two miles of Atlantic Ocean beachfront, staffed with lifeguards during the summer, and a paved promenade popular with walkers and runners. Cape May Wetlands State Natural Area, situated to the west, offers miles of trails and is a favored spot for birdwatching. The town's architecture is notable, with hundreds of Victorian-era homes rebuilt after a fire in 1878, alongside midcentury ranch-style homes, coastal condos, and modern beach houses. Downtown Cape May is vibrant, centered around Congress Street, Jackson Street, and the pedestrian Washington Street Mall, which hosts numerous local shops, cafes, restaurants, and bars. Beach Avenue is lined with hotels and dining options, providing views of the Atlantic. Cape May holds several annual events, including the Exit Zero Jazz Festival, Victorian Weekend, and the West Cape May Christmas Parade. The town is accessible via the Garden State Parkway, State Route 9, and the Cape May-Lewes Ferry, with Atlantic City International Airport 45 miles away and Philadelphia 90 miles away.

Learn more about living in Cape May

Home Trends in Cape May, NJ

On average, homes in Cape May, NJ sell after 53 days on the market compared to the national average of 70 days. The median sale price for homes in Cape May, NJ over the last 12 months is $1,290,000, up 82% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$1,290,000
Median Single Family Sale Price
$1,412,500
Median Townhouse Sale Price
$1,100,000
Median 2 Bedroom Sale Price
$927,500
Median 1 Bedroom Sale Price
$795,000
Average Price Per Sq Ft
$916
Number of Homes for Sale
8
Last 12 months Home Sales
50
Months of Supply
1.90
Median List Price
$1,200,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
82%
How to Buy a Home How to Finance a Home How to Sell a Home

In Cape May, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $439,000 to $3,900,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Cape May is $1,200,000, while the average sale price is $1,317,765, offering insights into the local housing market. On average, multi-family homes spend 53 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Cape May, NJ.

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