$1,200,000
$175K PRICE DROP

Estimated payment $7,198/month

Total Views 10,714
14 Beds
9 Baths
3,360 Sq Ft
$357 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: 357.14
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,358 $278,500 $97,000 $181,500
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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Bargain Sale Deed $365,000 Shore Title
Source: Public Records

Source: Bright MLS

MLS Number: NJCM2006834

Bright MLS
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