220 Hand Ave Cape May Court House, NJ 08210
Estimated payment $3,862/month
Highlights
- Popular Property
- Living Room
- Forced Air Heating and Cooling System
- Middle Township Elementary No. 1 Rated A-
- Laundry Room
About This Home
Turnkey Investment Opportunity in the Heart of Cape May Court House Welcome to 220 Hand Ave, a fully renovated triplex located in the desirable Middle Township School District. Just minutes from the best that Cape May County has to offer, this income-producing property is perfect for investors seeking immediate cash flow. It’s also a great opportunity for the discerning buyer looking for a primary home with built-in cash flows. This well-maintained building features three fully leased units: Two 1-bedroom/1-bath units on the first floor One spacious 2-bedroom/1-bath unit on the second floor Each unit has been thoughtfully updated with: Modern white cabinetry and quartz countertops Stainless steel appliances and recessed lighting In-unit washer/dryer Durable vinyl flooring throughout Gas heat and central air for year-round comfort Additional highlights include a large driveway with ample parking and 3 separate side entrances for each unit. The property currently generates approximately $50,000 annually, with potential to increase rents to current market rates: 1-bedroom units: up to $1,700/month 2-bedroom unit: up to $1,900/month This presents a fantastic opportunity to own a fully rented, low-maintenance investment property with upside potential. Schedule your private showing today and start earning from day one!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,155
Year Built
- Built in 1934
Parking
- Driveway
Home Design
- Triplex
Interior Spaces
- 1,320 Sq Ft Home
- Living Room
- Partial Basement
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Legal Lot and Block 24 / 236
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,116 | $242,600 | $125,000 | $117,600 |
| 2024 | $5,116 | $242,600 | $125,000 | $117,600 |
| 2023 | $4,988 | $242,600 | $125,000 | $117,600 |
| 2022 | $4,845 | $242,600 | $125,000 | $117,600 |
| 2021 | $4,448 | $242,600 | $125,000 | $117,600 |
| 2020 | $3,511 | $183,900 | $125,000 | $58,900 |
| 2019 | $3,421 | $183,900 | $125,000 | $58,900 |
| 2018 | $3,367 | $183,900 | $125,000 | $58,900 |
| 2017 | $3,299 | $183,900 | $125,000 | $58,900 |
| 2016 | $3,216 | $183,900 | $125,000 | $58,900 |
| 2015 | $3,193 | $183,900 | $125,000 | $58,900 |
| 2014 | $3,172 | $183,900 | $125,000 | $58,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $649,995 | -3.7% | $492 / Sq Ft |
| 10/02/2025 10/02/25 | For Sale | $674,995 | -- | $511 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Deed | $63,600 | -- | |
| Deed | $222,000 | Title Alliance Of Cape May C | |
| Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $76,000 | No Value Available |
About the Listing Agent
Meet Trish Gesswein: Award-Winning Broker, Delivering Excellence & Savings
A recipient of the prestigious 2024 NJ Realtors Circle of Excellence Platinum Award, Trish Gesswein brings 17 years of proven excellence to your real estate journey. As Houwzer's Broker of Record in New Jersey, she combines award-winning expertise with innovative pricing that saves sellers thousands through our 1% listing fee model.
Trish's commitment to excellence is reflected in her consistent
Trish's Other Listings
Source: Cape May County Association of REALTORS®
MLS Number: 252932
APN: 06-00236-0000-00024
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