Listed by The Kislak Company Inc Woodbridge, The Kislak Company Inc
Unpriced
Cape May Court House Portfolio | 4 Lots, 26 Units
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Units 26
Tenancy Multi
Class B
Acreage 1.480
1.48 Acres | 4 Contiguous Lots
Marketing description
- Block 990 Lot 2
- 504 Blackburn Avenue consists of 2 residential units.
- 505 North Wildwood Road is a single-family home.
- Block 990 Lot 3
- 509 North Wildwood Road consists of 7 residential units.
- Block 990 Lot 4
- 511 Blackburn Avenue consists of 3 residential units.
- 513 North Wildwood Boulevard consists of 9 residential units.
- 513 Blackburn A and B, 518 Maryland Avenue are single-family dwellings
- Block 900 Lot 5
- 519 Maryland Avenue is a single-family dwelling
Investment highlights
Tenants pay utilities
Each unit has its own hot water heater
Capital Improvements: $115,000 in septic system improvements, new boilers and new roofs
Established cash flow with proven rent collection history
High occupancy
Diverse Unit Mix: $800 - $2,200 rent range captures multiple market segments
Established Tenancy: Long-term residents provide stable, predictable cash flow
Ability to Fill Vacant Unit: Unit 12 at Lot 4A is rent-ready at $1,400/month
Listing Contacts
Listed by The Kislak Company Inc Woodbridge, The Kislak Company Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
B CommercialGeneral CommercialBusiness
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 22 uses
View all 22 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
