$1,250,000

4701 Arctic Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated payment $7,913/month

Total Views 98
15 Beds
9 Baths
5,521 Sq Ft
$226 Price per Sq Ft

Highlights

  • Property near a bay
  • Fenced Yard
  • Patio
  • Corner Lot
  • Porch
  • Living Room

About This Home

The fabulous corner property boasts a 100 x 103 lot. There are 2 buildings with a total of 9 apartments. The house in front is a Triplex and the rear building has 6 apartments. There are (3) 1-Bedroom units , (5) 2-Bedroom units and (1) 3-Bedroom unit. Fully rented, Month to Month leases, all Rents are current, with a CAP rate of 6.2%. The current rents are below market value leaving room for a higher rent roll. Located 4 blocks to the beautiful Wildwood Beach, Boardwalk and Convention Center. Don't miss this one, it's a great catch!

Listing Agent

Dee Kraemer

NEW ERA REAL ESTATE License #0572151 Listed on: 08/21/2025

NEW ERA REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,228

Year Built

  • Built in 1940

Lot Details

  • Fenced Yard
  • Corner Lot

Interior Spaces

  • 5,521 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 9 Bathrooms

Outdoor Features

  • Property near a bay
  • Patio
  • Porch

Utilities

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

Community Details

  • 9 Units

Listing and Financial Details

  • Legal Lot and Block 3.02 / 60

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,228

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Apartment
  • Location: Corner
  • District Township: 14-Wildwood City
  • Estimated Year Built: 1940
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 4701
  • Lot Size2: 10,001
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Total Bathrooms: 9
  • Total Sq Ft: 5521
  • Other Rooms: Living Room, Dining Room, Kitchen

Exterior Features

  • Outside Features: Patio, Porch, Fenced Yard

Utilities

  • Cooling: Wall Air Conditioning
  • Heating: Gas Natural, Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 3.02
  • Lot Size: 10001 to 20000 SqFt
  • Zoning: R-2

Tax Info

  • Taxes: 13228
  • Tax Year: 2024

Multi Family

  • Number Of Units: 9
  • Total Rent: 9400

Map

Range of Values:

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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 Change Sq Ft Price
08/21/2025 08/21/25 For Sale $1,250,000 -- $226 / Sq Ft
Source: Cape May County Association of REALTORS®

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Source: Cape May County Association of REALTORS®

MLS Number: 252454

Cape May County Association of REALTORS®

APN: 14 00060-0000-00003-0002

New Jersey Cape May County Wildwood 08260 The Wildwoods

4701 Arctic Ave, Wildwood, NJ

This home is located at 4701 Arctic Ave, Wildwood, NJ 08260 and is currently priced at $1,250,000, approximately $226 per square foot. This property was built in 1940. 4701 Arctic Ave is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Nearby Homes
Dee Kraemer
Listing Agent
Dee Kraemer
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NEW ERA REAL ESTATE
(609) 891-3258