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38 Cape May Ave, 
Dorothy, NJ 08317

$325,000

5

Beds

—

Bath

2,763

Sq Ft

Multi-Family

Pending

Listed by

Frank M Punzi Jr.

, 

Samuel Punzi

eXp Realty, LLC., 8662016210, teamvbal@gmail.com

Last updated:

January 12, 2026, 08:21 AM

MLS#

NJAC2021250

Source:

BRIGHTMLS

About This Home

38 Cape May Ave

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.

Home Facts

Multi-Family

5 Bedrooms

Built in 1946

Price Summary

325,000

$117 per Sq. Ft.

MLS #:

NJAC2021250

Last Updated:

January 12, 2026, 08:21 AM

Added:

3 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Structure

Structure

Architectural Style:

Bungalow

Building Area:

2,763 Sq. Ft.

Year Built:

1946

Lot

Lot Size (Sq. Ft):

217,800

Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$117 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.