5 S Main Street, Cape May Court House, NJ 08210
5 S Main Street, Cape May Court House, NJ 08210
5 S Main Street, Cape May Court House, NJ 08210
5 S Main Street, Cape May Court House, NJ 08210
5 S Main Street, Cape May Court House, NJ 08210
5 S Main Street, Cape May Court House, NJ 08210
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MaryAnne Verfaillie

MaryAnne Verfaillie

+1(609) 816-1199
$ 1,599,995
Est. payment | /mo

4,600 SqFt

Save
$ 1,599,995
Est. payment | /mo
Save

4,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $347

MLS Listing ID 260763

Year Built 1920

Annual Tax Amount $10,976

Tax Year 2025

Lot Dimensions 4,600

Property Sub-Type Mixed Use

Property Description

FOR SALE – Prime Mixed-Use Investment Property on Main Street, Cape May Court House This rare offering presents a large seven-unit mixed-use building in the heart of downtown Cape May Court House. Perfectly positioned along vibrant Main Street, the property provides exceptional visibility, a strong rental history, and immediate access to Stone Harbor beaches, popular local dining, boutique shopping, and the Garden State Parkway for effortless regional travel. Generating approximately $135,000 in gross annual rental income, this well-maintained building includes three commercial units and four residential apartments. Each unit has separate electric service, along with a house meter dedicated to the common areas, and many units have been recently updated. The commercial spaces consist of Unit 101 with three rooms and a half bath, Unit 102 with three rooms and a half bath, and Unit 103 with two rooms and a half bath. The residential units include Units 201, 202, and 302, each offering two bedrooms and one full bath, while Unit 301 provides one bedroom and one full bath. Public water and sewer serve the building, with Units 101, 102, and 103 sharing a single water meter, while all residential units are individually metered. Electric service is separated for every unit, with an additional house meter for common areas. Hot water usage is divided between one shared electric water heater for the commercial units and gas hot water heaters for the residential apartments. Climate control systems throughout the building are modern and efficient. Central air conditioning is provided for Units 101, 102, 103, 301, and 302, while Units 201 and 202 operate with ductless mini-split air conditioning. Heating is supplied by gas forced-air furnaces in Units 101, 102, 103, 301, and 302, and ductless heating units in Units 201 and 202. In total, the building operates with five central HVAC systems and two ductless systems. Additional benefits of the property include approximately 4,200 square feet of interior space, a full unfinished basement, and low-maintenance vinyl siding on the exterior. Parking is convenient, with street parking available directly in front of the building and a municipal lot positioned immediately behind it. This property represents an outstanding income-producing asset in a desirable and high-traffic location, offering long-term stability and significant investment potential. Its combination of commercial and residential tenants, consistent demand, and prominent Main Street frontage makes it ideal for investors seeking dependable cash flow and a valuable addition to their portfolio.

Location

State NJ

County Cape May County

Area Cape May Court House

Zoning TB

Location Details Mainland

Rooms

Other Rooms Living Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room

Interior

Hot Water Gas

Heating Gas Natural

Cooling Central Air

Exterior

Exterior Feature Patio, Porch, Sidewalks

Building

Lot Description Mainland

Sewer Public

Water Public

New Construction No

Others

Acceptable Financing Conventional, No Financing

Listing Terms Conventional, No Financing

Financing Conventional,No Financing

Listed by Houwzer LLC
MaryAnne Verfaillie
MaryAnne Verfaillie

Broker-Associate, NJ & PA License ID: NJ 9591467 - PA AB069513

+1(609) 816-1199 | citytotheshore@kw.com

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5 S Main Street