NOT LISTED FOR SALE
3 Beds
3 Baths
2,820 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $552,000 $196 Per Sq Ft

8 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Property is in very good condition
  • No HOA
  • 4 Car Garage
  • Radiator

About This Home

As of October 2021

JUST ABOUT BEACH BLOCK! DUPLEX! PRIME SHORT TERM RENTAL INVESTMENT! JERSEY SHORE! 322 East Maple Avenue is located a few blocks from the border of Wildwood and North Wildwood, NJ. Less than 500 feet from the boardwalk and beach. Explosive new construction and growth in the area. Some of the most popular beaches, festivals, bars, restaurants, and the boardwalk all just steps away from this solid primary home, second home, or investment property . Almost directly centralized between Morey's Piers Amusement Rides and Surfside Pier. Proven history of repeat renters, already re-booking for 2022 and room to value add! This property is positively unique in its layout. Potential renters have their choice of a six bedroom, two full bath unit or a two bedroom, one full bath unit. This floorplan also allows renters with larger groups to rent the entire home as one single unit, as a eight bedroom, three full bath home. The utility room is centralized on the ground floor between each unit and also offers a half bathroom. Large second floor balcony and front sun room to enjoy that beach air, sunset views, and relaxing environment the Jersey Shore has to offer. The exterior of the home has a rear yard, exterior deck, picnic tables, grill, and outside shower. 2021 income grossed $40,000+ with much room for value add with estimated potential gross income of $65,000+ conservatively. Additionally, the property includes half of a rear garage that straddles the neighboring property line. Property comes furnished and is turn key. The Jersey Shore has seen an influx of year round residents and Wildwood, NJ is no different. Secure your secondary vacation home or investment before someone else does. We look forward to showing you around! Due to seasonal tenants, showings will only be available on Saturdays between the times of 12:00 AM-3:00 PM.

Last Agent to Sell the Property

Justin Selby

(856) 692-9933 briancollini@gmail.com Collini Real Estate LLC License #1867481 Listed on: 08/03/2021

Collini Real Estate LLC

Last Buyer's Agent

Justin Selby

(856) 692-9933 briancollini@gmail.com Collini Real Estate LLC License #1867481 Listed on: 08/03/2021

Collini Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,981

Year Built

  • Built in 1910

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 40.00 x 90.00
  • Property is in very good condition

Home Design

  • 2,820 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Frame Construction

Parking

  • 4 Car Garage
  • 4 Driveway Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 00026 02
  • Assessor Parcel Number 14-00210-00026 02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,981

Year Built

Built in 1910

Lot Details

3,600 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-08-14
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 2820
  • Living Area Sq Ft: 2820
  • Price Per Sq Ft: 187.91
  • Above Grade Finished Sq Ft: 2820
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 156500.00
  • Land Assessed Value: 140200.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 40.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Property Condition: Very Good
  • Zoning: R-3

Rental Info

  • Owner Pays: All Utilities
  • Rent Control: No
  • Total Actual Rent: 40000.00
  • Units Furnished: All
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3835294
  • Tax Annual Amount: 7981.00
  • Assessor Parcel Number: 14-00210-00026 02
  • Tax Lot: 00026 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WILDWOOD CITY SCHOOLS
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/01/2021 10/01/21 Sold $552,000 +4.2% $196 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $529,900 +85.9% $188 / Sq Ft
04/01/2021 04/01/21 For Sale $285,000 0.0% $101 / Sq Ft
03/31/2021 03/31/21 Sold $285,000 -- $101 / Sq Ft View Prior Sale
03/29/2021 03/29/21 Pending -- -- --
Source: Bright MLS

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCM2000122

Bright MLS

APN: 14 00210-0000-00026-0002

Your Personal Tour Guide

Ask me questions while you tour the home.