933 Washington Street Cape May, NJ $ 2,890,000
933 Washington Street
$ 2,890,000
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933 Washington Street

Cape May, NJ, 08204
$ 2,890,000
Baths0.0

Monthly Estimate*

$ 17,794

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Studio

Multi-Family Home for sale in Cape May, NJ

for $2,890,000. This home was built in 1876.

The historic Thomas Webster House, built in 1876, prominently located at the corner of Washington Street and Madison Avenue offers an ideal, elevated location with easy access to Cape May’s award winning beaches, the numerous unique shops along the Washington Street Mall, the fine Victorian architecture of the Historic District and many well renowned restaurants and cafes. This fabulous property is currently operating as four seasonal rental apartments (all with private bathrooms and kitchens) plus a spacious first floor Owners Quarters, featuring a brand new kitchen. The front of this stately home is situated a comfortable distance back from quiet tree lined Washington Street and framed by a coordinating and historically correct custom built picket fence. Surrounding the house are beautiful, well maintained gardens and lush lawns, maintained with a brand new irrigation system. The spacious driveway/parking is accessed from Madison Avenue and accommodates six vehicles mostly hidden from view. All of the apartments are accessed from the rear through dedicated entrances and sun decks. A private fenced outdoor oasis can be found behind the house along with a large, custom outdoor shower/bath. The outdoor living space is supplemented by a large shaded front porch with newly refreshed awnings. Some other features of the property include an outdoor storage shed, beach chair box, security and fire alarm system, individual electric and gas meters. The house contains approximately 4,488 square feet of living space (per the city tax assessor’s records). The large, over size lot size contains approximately 14,000 square feet, or close to a third of an acre. The building’s architectural style is designated as French Second Empire with Mansard Style Roof. The building contains three levels over a half daylight partial basement. The current configuration of the building is as follows: 2 units on the first floor (a 2 bedroom, 1 bath Owner’s Quarters and a separate 1 bedroom, 1 bath apartment), 2 units on the second floor (both 2 bedroom, 1 bath apartments) and 1 unit on the third floor (a 2 bedroom, 1 bathroom apartment). The building is heated by a natural gas fired, hot water boiler, located in the basement, which feeds radiators throughout the house. Three domestic hot water heaters are also located in the building’s basement. Some alternate uses include conversion to a magnificent single-family home, a condominium conversion to five units or rental of all five units to increase your income even more. Also, can be utilized in any number of combinations, increasing or decreasing the size of the Owners Quarters as needed over the years!

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Multi-Family Active

Price

$ 2,890,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,199

Style

Apartment

Year Built

1876

Town/City

Cape May

County/Region

Cape May

MLS | Web ID

252647

Features
General
Heating Gas Natural Radiator Hot Water
Cooling Other
Possession Closing
Zoning R-3
Water City
Sewer City
Year Built 1876
Parking Stone Driveway
County Cape May County
Class MULTI-FAMILY
Type Apartment
Tax Year 2024
New Construction Y/N No
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Corner
Virtual Tour https://youtu.be/w9-difdXyCs
City Cape May
Taxes 10199
Financing Conventional
DOM 142
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Interior
Basement Partial
Hot Water Gas
Total Number of Units 5
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Exterior
Lot Dimensions 13 000+
Lot Size 10001 to 20000 SqFt
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* Excluded Features
List By
James M. Cheney

Listing Agent

Jersey Cape Realty

Broker

jim@jerseycaperealty.com

Email

Affordability Calculator

$18,644
Per Month
95%
5%
0%
Monthly Principal & Interest
$17,794
Monthly Property Taxes
$850
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2025$2,890,000 Listed Price

Map


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933 Washington Street, Cape May, NJ, 08204 is a Multi-Family Home for sale at $2,890,000. 933 Washington Street is a studio with 0.0 baths and was built in 1876. The property's zip code is 08204 which is in Cape May, NJ