$1,375,000

Estimated payment $7,856/month

14 Beds
9 Baths
3,360 Sq Ft
$409 Price per Sq Ft

Highlights

  • Second Kitchen
  • Traditional Floor Plan
  • Furnished
  • Coastal Architecture
  • Main Floor Bedroom
  • 2-minute walk to Byrne Plaza

About This Home

Exceptional Income-Producing Opportunity in the Heart of Wildwood! Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore’s most desirable locations. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. The seller currently nets approximately $130,000 per season, demonstrating the property’s exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you’re looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.

Listing Agent

Tom Duffy

(856) 582-1200 tomduffy@erols.com Keller Williams Realty - Washington Township Brokerage Phone: 8565821200 License #8932672 Listed on: 02/19/2026

Keller Williams Realty - Washington Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,588

Year Built

  • Built in 1960 | Remodeled in 2021

Lot Details

  • 3,999 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Downtown Location
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned PARZ

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Replacement Windows
  • Vinyl Clad Windows
  • Insulated Doors
  • Six Panel Doors
  • Combination Kitchen and Dining Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Exterior Cameras
  • Fire and Smoke Detector

Parking

  • Public Parking
  • Paved Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Natural Gas Water Heater

Additional Features

  • Halls are 36 inches wide or more
  • Flood Risk

Community Details

  • No Home Owners Association
  • Wildwood City Subdivision

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 14-00172-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,588

Year Built

Built in 1960 | Remodeled in 2021

Lot Details

3,999 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: All existing w/w flooring, fixtures, light fixtures, appliance, including both refrigerators and all existing furnishings in their as-is condition.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Year Renovated: 2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting
  • Window Features: Replacement, Vinyl Clad
  • Fireplace: No
  • Door Features: Insulated, Six Panel
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3360
  • Living Area Sq Ft: 3360
  • Price Per Sq Ft: 409.23
  • Above Grade Finished Sq Ft: 3360
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 14
  • Main Level Bedrooms: 8
  • Total Bathrooms: 9
  • Full Bathrooms: 9
  • Main Level Bathrooms: 6.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 6

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Sidewalks, Street Lights
  • Roof: Pitched, Asphalt, Shingle
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Public, Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3999.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good, Excellent
  • Zoning: PARZ

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 130000.00
  • Vacation Rental: Yes

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Tax Annual Amount: 8588.00
  • Assessor Parcel Number: 14-00172-00021
  • Tax Lot: 00021
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: WILDWOOD CITY SCHOOLS

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,358 $278,500 $97,000 $181,500
2024 $8,358 $278,500 $97,000 $181,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2026 02/19/26 For Sale $1,375,000 +276.7% $409 / Sq Ft
09/24/2021 09/24/21 Sold $365,000 -6.2% -- View Prior Sale
06/02/2021 06/02/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $389,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: NJCM2006834

Bright MLS
Your Personal Tour Guide

Ask me questions while you tour the home.