NOT LISTED FOR SALE

128-130 W Spicer Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $499,000 - $679,402

-- Bed
2 Baths
2,558 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $520,200 $203 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,567/month

30 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Dining Area
  • Living Room

About This Home

As of August 2024

Welcome To 128-130 W Spicer Ave.!!! Amazing Opportunity To Own This FULLY RENTED 2 Story Townhouse Style Duplex Centrally Located In The Heart Of Wildwood! Situated On A Large 40 x 100 Lot (R2 Zone) On A Quiet Street With Very Little Through Traffic. You Are Close To All Of The Action; However Not Directly In It. Both Units Feature: 3 Bedrooms, 1 Bathroom, Eat-In Kitchen, Dining Area, Living Room,& HUGE 3rd Floor Walkup Storage Attic. EACH UNIT HAS SEPARATE WATER, GAS, AND ELECTRIC METERS & CURRENTLY OCCUPIED WITH LONG TERM TENANTS!!! $3,300 MONTHLY INCOME!!!(See Agent Remarks) NEW ROOF (2017) NEW GAS HEATER & H/W HEATER UNIT 130 (2017) NEW SEWER LINE UNIT 130 (2021) PRICED TO SELL And Currently The LOWEST PRICED DUPLEX FOR SALE IN WILDWOOD!!! Dont Miss Your Chance To Get On The Island In A Property That Comes With Immediate Rental Income And Offers Endless Long Term Potential & Possibilities!!! Call For More Details Or To Schedule A Private Showing...

Last Agent to Sell the Property

Michael Bushong Jr

Compass New Jersey-Ocean City (O463E) Listed on: 06/29/2024

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1930

Lot Details

  • 4,008

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Area
  • Crawl Space
  • Storage In Attic
  • Stove

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 40 x 100

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,357

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 06/29/2024
  • Year Built: 1930
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Kitchen, Living Room, Storage Attic

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 x 100

Rental Info

  • Rental Information: 100 Percent Occupancy, Monthly, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Aug 30, 2024
Sold by
Gheen Brendan
Bought by
Oneill Jason
Seller's Agent
Michael Bushong Jr
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$525,000
Sold Price
$520,200
Premium/Discount to List
-$4,800
-0.91%
Views
51
Current Estimated Value
$585,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,651
Avg. Annual Appreciation
11.98%
Original Mortgage
$390,000
Outstanding Balance
$385,859
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$199,992

Purchase Details

Closed on
Jun 12, 2017
Sold by
Fannie Mae
Bought by
Gheen Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2016
Sold by
Sheriff Of Cape May County
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,385
Interest Rate
3.59%

Purchase Details

Closed on
Aug 7, 1996
Sold by
City Wildwood
Bought by
Macrie Peter
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oneill Jason $520,200 Surety Title
Oneill Jason $520,200 Surety Title
Gheen Brendan $90,000 None Available
Federal National Mortgage Association -- Attorney
Macrie Peter $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneill Jason $390,000
Closed Oneill Jason $390,000
Previous Owner Gheen Brendan $122,000
Previous Owner Gheen Brendan $67,500
Previous Owner Federal National Mortgage Association $94,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $520,200 -0.9% $203 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $525,000 -- $205 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

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 $5,357 $178,500 $80,000 $98,500
2024 $5,357 $178,500 $80,000 $98,500
2023 $5,228 $178,500 $80,000 $98,500
2022 $5,055 $178,500 $80,000 $98,500
2021 $4,918 $178,500 $80,000 $98,500
2020 $4,802 $178,500 $80,000 $98,500
2019 $4,630 $178,500 $80,000 $98,500
2018 $4,461 $178,500 $80,000 $98,500
2017 $4,273 $178,500 $80,000 $98,500
2016 $4,148 $178,500 $80,000 $98,500
2015 $4,082 $178,500 $80,000 $98,500
2014 $4,034 $178,500 $80,000 $98,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Bushong Jr

    Seller's Agent in 2024

    Michael Bushong Jr

    Compass New Jersey-Ocean City (O463E)

    (609) 231-1353

    5 in this area

    74 Total Sales

    Michael Bushong Jr
    Section Image

  • A

    Buyer's Agent in 2024

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 586662

South Jersey Shore Regional MLS

APN: 14-00145-0000-00023

New Jersey Cape May County Wildwood 08260 The Wildwoods

128-130 W Spicer Ave, Wildwood, NJ

This home is located at 128-130 W Spicer Ave, Wildwood, NJ 08260 since 29 June 2024 and is currently estimated at $585,851, approximately $229 per square foot. This property was built in 1930. 128-130 W Spicer Ave is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

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