$1,197,777

Estimated payment $7,116/month

Total Views 9,765
12 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Island Location
  • Furnished
  • Living Room

About This Home

Amazing Location just a couple blocks to the World Famous Wildwood Beaches, Boardwalk just a few Blocks to Wildwood Crest. There are 2 Buildings that Make up this 6 Unit Complex. The Front Building is 4 Units with 2 on the Upper floor that enjoy Ocean Views and 2 on the First Floor. The apartments are bright and airy. Each feature 2 bedrooms tastefully decorated and are being sold fully furnished as seen. This home has its own private patio area and may also take advantage of the common picnic area between the 2 houses. There is Luxury vinyl plank flooring for convenient cleanup and to protect against sand and water brought back from the beach andoutdoor shower. This property is heated for year round usage and makes a great investment property or 2nd home. Also conveniently located near the convention center, you may take advantage of all of the events in the shoulder seasons as well that are put on at that venue. The Owners have all of the Condo Docs, Surveys and exemptions needed should you decide to convert these to condominiums. The owners were going to sell individually and have been working on the units. Last year the property grossed $133,000 with very little effort or Marketing. The $25,000/unit should be easily attained and should the properties be pushed a bit more and rented over the fall and winter, you could expect another 10k/unit

Listing Agent

Brian Reed

LONG & FOSTER REAL ESTATE, INC nwnj Listed on: 07/08/2025

LONG & FOSTER REAL ESTATE, INC nwnj

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 1920

Interior Spaces

  • Furnished
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Lot Dimensions are 40x100
  • Island Location

Community Details

  • 6 Units

Listing and Financial Details

  • Legal Lot and Block 25 / 24

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,797

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Other
  • Location: Island
  • District Township: 14-Wildwood City
  • Near: Beach Convention Cntr
  • Also Includes: Drapes, Curtains, Shades, Furniture
  • Estimated Year Built: 1920
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Lot Size2: 40x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Total Bathrooms: 6
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Patio, Deck, Enclosed/Cov. Patio, Porch, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking: 3 Car, Concrete Driveway

Utilities

  • Separate Meter: Electric, Gas
  • Cooling: Wall Air Conditioning
  • Heating: Electric, Baseboard
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 25
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 9797
  • Tax Year: 2025

Multi Family

  • Number Of Units: 6
  • Total Rent: 150k

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2025 07/08/25 For Sale $1,197,777 +166.2% --
04/16/2021 04/16/21 Sold $449,888 +3.4% -- View Prior Sale
03/14/2021 03/14/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $435,000 +58.2% --
06/06/2015 06/06/15 Sold $275,000 -8.3% -- View Prior Sale
05/07/2015 05/07/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $300,000 -- --
Source: Cape May County Association of REALTORS®

Source: Cape May County Association of REALTORS®

MLS Number: 251997

Cape May County Association of REALTORS®