120 E Schellenger Ave Wildwood, NJ 08260
The Wildwoods NeighborhoodEstimated payment $7,210/month
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
(856) 582-1200 tomduffy@erols.com Keller Williams Realty - Washington Township Brokerage Phone: 8565821200 License #8932672 Listed on: 02/19/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
| 2023 | $8,157 | $278,500 | $97,000 | $181,500 |
| 2022 | -- | $278,500 | $97,000 | $181,500 |
| 2021 | $7,224 | $278,500 | $97,000 | $181,500 |
| 2020 | $7,224 | $278,500 | $97,000 | $181,500 |
| 2019 | $7,224 | $278,500 | $97,000 | $181,500 |
| 2018 | $0 | $239,700 | $97,000 | $142,700 |
| 2017 | $0 | $239,700 | $97,000 | $142,700 |
| 2016 | $0 | $239,700 | $97,000 | $142,700 |
| 2015 | -- | $239,700 | $97,000 | $142,700 |
| 2014 | -- | $198,700 | $97,000 | $101,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | Price Changed | $1,200,000 | -12.7% | $357 / Sq Ft | |
| 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
MLS Number: NJCM2006834
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