233 E Juniper Avenue


About This Property

Turn key investment opportunity that's 2 blocks from the beach and boardwalk. Welcome to The Magic Rest Apartments, an 8 unit building with a potential of $7800/ week in summer rentals ( 2 of the units are owner occupied) and possibly an additional $6000 in Winter Rentals (Three of the apartments are heated for year round use. Three zones are apt. 1A , 1B , 2A.) The current Seasonal rental weekly Break down is as follows: 2 Efficiency apartments at $850/week each, Another Efficiency Unit at $750/week, 2 Units with 2 beds/1Bath at $1000/week each, 3 bedroom 1 bath unit rented to J1 Students for $1500/week, Downstairs owners unit that is not rented (owner occupied) potentially $1000/week, and Downstairs 2 bed unit not rented (owner occupied) at $750/week. Property comes fully furnished, and with all necessary operating items. Just started taking 2020 reservations from a list of waiting return customers. Operated for 5 seasons by same family with a strong return customer base. Property also features an outside shower and 3 decks with amazing views. There is a vacant lot ( 60X81) used for parking located at 237 E Juniper Ave also available for purchase.

Essential Information

MLS® #189808

Community Information

Address233 E Juniper Avenue
StateNew Jersey


HeatingHeat Pump
BasementCrawl Space


Ceiling Fan, Wall Air Conditioning


Exterior Features

Deck, Outside Shower, Screened Porch, Cable TV, Sidewalks

Additional Information

Date ListedSeptember 27th, 2019
Days on Market47

Listing Details


Get directions to this property:

Cape May County Association of Realtors Logo©2020 Cape May County Multiple Listing Service. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate.

Have a Question?

Contact Us

Follow Us

Chris Clemans Sotheby’s International Realty

1159 Washington Street PO Box 552
Cape May, NJ

Office: 609.884.3332

Chris Clemans | Sotheby's Realty International
© Copyright 2020, Real Estate Webmasters All Rights Reserved.
Sitemap VISIT OUR AUCTION HOUSE SEARCH GLOBALLY Sotheby’s International Realty is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each office is independently owned and operated. REALTOR® -- A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.  •  Listings Site Map  •  Privacy Policy