238 E Leaming Ave Wildwood, NJ 08260
The Wildwoods NeighborhoodEstimated payment $7,116/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 251997
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