Sold for $420,000

$420,000

391 Route 9, Cape May, NJ 08204

5beds

2,080sqft

Triplex

Built in 1913

-- sqft lot

$-- Zestimate^®

$202/sqft

$2,122 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,122/mo

Zestimate^® history

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What's special

Central airInsulated walls and ceilingsNew carpetNewer appliancesOversized lot

Charming Farmhouse on a oversized lot, with Two Income-Generating Apartments and 3 buildings with plenty of storage Looking for a home that helps pay for itself? This beautiful farmhouse comes with two detached single-bedroom apartments, perfect for rental income or extended family. Live in the main house and let the rental income offset your mortgage! 2016 updates include Insulated walls and ceilings, central air and electrical. Windows updated in 2001. Newer appliances, all recently replaced or in good condition. New carpet in front room. Connected to new city sewer for added convenience. Each Apartment unit is a one-bedroom with a private entrance.Ideal for long-term tenants, Airbnb, or guest accommodations with strong rental demand—turnkey income opportunity! Conveniently close to great shopping and and beaches. Property is being sold as it. Inspections for buyers information only.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 8
Full bathrooms: 4
Partial bathrooms: 4

Rooms

Room types: Living Room, Dining Room, Kitchen, Dining Area, Workshop

Heating

Natural Gas, Forced Air

Cooling

Central Air, Wall Unit(s)

Appliances

Included: Electric Water Heater
Laundry: Laundry Room

Features

Pantry
Basement: Crawl Space

Interior area

Total structure area: 2,080
Total interior livable area: 2,080 sqft

Property

Lot

Size: 0.73 Acres
Dimensions: 31,840

Details

Additional structures: Storage
Parcel number: 0500487010000101

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Condition

New construction: No
Year built: 1913

Utilities & green energy

Sewer: City
Water: Private

Community & HOA

Location

Region: Cape May

Financial & listing details

Price per square foot: $202/sqft
Tax assessed value: $211,100
Annual tax amount: $4,296
Date on market: 2/13/2025
Inclusions: Drapes
Total actual rent: 3175

Price history

Date	Event	Price
8/8/2025	Sold	$420,000-22.1%$202/sqft
Source: CMCAOR #250383 Report a problem
6/25/2025	Contingent	$539,000$259/sqft
Source: CMCAOR #250383 Report a problem
5/22/2025	Price change	$539,000-5.3%$259/sqft
Source: CMCAOR #250383 Report a problem
4/21/2025	Price change	$569,000-3.4%$274/sqft
Source: CMCAOR #250383 Report a problem
2/13/2025	Listed for sale	$589,000+881.7%$283/sqft
Source: CMCAOR #250383 Report a problem
5/4/2001	Sold	$60,000$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,140	$211,100
2024	$4,140 -2.1%	$211,100
2023	$4,230 +6.6%	$211,100
2022	$3,969 +1.5%	$211,100
2021	$3,910 +2.8%	$211,100
2020	$3,804 +2.6%	$211,100
2019	$3,707	$211,100
2018	$3,707 +1.1%	$211,100
2017	$3,667 +3.3%	$211,100
2016	$3,549 +3.4%	$211,100
2015	$3,432 -0.1%	$211,100
2014	$3,435 +4.2%	$211,100 -13%
2013	$3,297	$242,600