$949,000
PENDING

Estimated payment $5,644/month

Total Views 2,092
7 Beds
3 Baths
5,200 Sq Ft
$182 Price per Sq Ft

About This Home

Prime investment triplex near the bay on a 52x100 lot. Front Unit: Spacious, maintained 3 bed, 1.5 bath - $2,000/mo. Back Units: Two connected 2 bed, 1 bath units - $1,400/mo. & $1,300/mo. Separate utilities for each unit. Rents poised for 20%+ growth. Leases end December 2025. Opportunity for development given proximity to bay and potential views. Pictures of front unit soon.

Listing Agent

Jackson VonSavage

HOFFMAN AGENCY Listed on: 07/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1950

Home Design

  • Triplex

Interior Spaces

  • 5,200 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 48.02 / 108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,372

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • District Township: 15-Wildwood Crest
  • Estimated Year Built: 1950
  • New Construction: No
  • Second Address Number: 109
  • Lot Size2: 5200
  • Selling Agent1: 3225
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Bathrooms: 3
  • Total Sq Ft: 5200

Utilities

  • Separate Meter: Electric, Gas, Hot Water, Sewer, Water
  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 48.02
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5372
  • Tax Year: 2024

Multi Family

  • Number Of Units: 3
  • Total Rent: 4900

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,372 $394,000 $298,100 $95,900
2024 $5,372 $394,000 $298,100 $95,900
2023 $5,290 $394,000 $298,100 $95,900
2022 $5,132 $394,000 $298,100 $95,900
2021 $4,965 $394,000 $298,100 $95,900
2020 $4,829 $394,000 $298,100 $95,900
2019 $4,789 $394,000 $298,100 $95,900
2018 $4,707 $394,000 $298,100 $95,900
2017 $4,608 $394,000 $298,100 $95,900
2016 $4,454 $394,000 $298,100 $95,900
2015 $4,383 $394,000 $298,100 $95,900
2014 $4,281 $394,000 $298,100 $95,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $949,000 -- $183 / Sq Ft
Source: Cape May County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $155,000 --
Deed $155,000 --
Source: Public Records

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Source: Cape May County Association of REALTORS®

MLS Number: 252080

Cape May County Association of REALTORS®

APN: 15-00108-0000-00048-02