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$325,000

  • For Sale
  • Under Contract
  • Single Family
  • 2,763 Sq. Ft.
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Fantastic opportunity to own a versatile 3 unit residential property offering great cash flow potential! The property features a 2 bedroom, 1 bath single-family home with its own private parking area and fenced-in yard, providing excellent privacy and comfort for tenants. A separate dwelling includes two additional apartments one 2 bedroom, 1 bath unit and one 1 bedroom, 1 bath unit each with individual parking and separate entrances. Whether you're looking to expand your investment portfolio or live in one unit while renting out the others, this property offers flexibility, strong rental income potential, and long-term value.

Full Property Details for 38 Cape May Ave

General

  • Price: $325,000
  • Taxes: $4,887 (2024)
  • Status: Under Contract
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: NJAC2021250
  • Updated: 12/17/2025
  • Added to Site: 100 day(s) ago

Rental Information

  • Lease Info: Long Term

Interior

  • Number of Rooms: 2
  • Flooring: Luxury Vinyl Plank, Ceramic Tile

Parking

  • Total Spaces: 6
  • Parking Features: Crushed Stone
  • Parking Type: Driveway

Location

  • Area: Weymouth Twp (20123)
  • Municipality: WEYMOUTH TWP
  • County: ATLANTIC
  • Driving Directions: Please use GPS

School Information

  • School District: Weymouth Township Public Schools
  • Elementary School: Weymouth Township E.S.
  • Middle School: Weymouth Township

Heating & Cooling

  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric, Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: On Site Septic
  • Water: Well
  • Utility Description: Propane

Structural Information

  • Architectural Style: Bungalow
  • Structure Type: Detached
  • Construction: Concrete, Wood Siding
  • Foundation: Brick/Mortar
  • Roof: Asphalt, Shingle
  • Walls/Ceilings: Dry Wall
  • Square Feet: 2,763
  • Sq. Ft. Source: Assessor
  • Living Area: 2,763 Sq. Ft.
  • Finished Above Grnd: 2,763 Sq. Ft.
  • Year Built: 1946
  • Year Built Source: Assessor
  • Property Condition: Average

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Additional Structures

  • Other Structures: Shed

Lot Features

  • Lot Size (Acres): 5
  • Lot Size (Sq. Ft.): 217,800
  • Lot Size Source: Assessor
  • Zoning: PVR

Financial Considerations

  • Price Per Sq. Ft.: $117.63
  • Assessment Year: 2024
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $172,800
  • Tax Amount: $4,887
  • Tax Year: 2024
  • Tax Total Finished Sq. Ft.: 2763

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 35

Listed by EXP Realty, LLC, Frank M Punzi Jr. and EXP Realty, LLC, Samuel Punzi

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Listing agents

— 38 Cape May Ave —

  • Frank M Punzi Jr.

    EXP Realty, LLC

  • Samuel Punzi

    EXP Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38 Cape May Ave

School District:Weymouth Township School District
NameGradesDistance
Weymouth Twp Elementary School
1202 Eleventh Avenue, Weymouth, NJ 08317
PK-81.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 38 Cape May Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2025
Listed
$325,000
50.29%
MLS
11/19/2024
Sold
$216,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 38 Cape May Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,889
2%
$172,800
—
2023
$4,806
3%
$172,800
—
2022
$4,686
—
$172,800
—
2021
$4,698
35%
$172,800
—
2021
$3,490
-21%
$172,800
—
2019
$4,429
1%
$172,800
—
2018
$4,367
—
$172,800
—
2017
$4,387
4%
$172,800
—
2016
$4,202
7%
$172,800
—
2015
$3,917
11%
$172,800
72%
2013
$3,541
—
$100,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by EXP Realty, LLC, Frank M Punzi Jr. and EXP Realty, LLC, Samuel Punzi

38 Cape May Avenue, Dorothy, NJ 08317 (MLS# NJAC2021250) is a Single Family property with 0 bedrooms and 0 full bathrooms. 38 Cape May Avenue is currently listed for $325,000 and was received on October 10, 2025. Want to learn more about 38 Cape May Avenue? Do you have questions about finding other Single Family real estate for sale in Dorothy? You can browse all Dorothy real estate or contact a Coldwell Banker agent to request more information.

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