North Wildwood NJ Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1922
Baths:
5.00
MLS#:
243299

ADDITIONAL INFORMATION

Don't forget to check out our 3D Tour. Ideal multi-family retreat or Incredible investment opportunity in the heart of North Wildwood! This charming four-plex property features a spacious main house with five bedrooms, 2.5 bathrooms, a convenient laundry room, and two versatile extra rooms perfect for a home office, gym, or the kids game room.. Outdoor amenities include two showers and ample storage, ideal for beach living.The property also includes three additional one-bedroom units, each with private entrances. These units offer excellent potential for rental income or can be used to comfortably host visiting family and friends.Located just one block from the stunning North Wildwood beach and the lively Wildwood Boardwalk, residents and guests can easily access waterparks, amusement piers, dining, shopping, and a variety of events. With its prime location and flexible layout, this property is a true gem! Donâ??t miss this rare opportunity to own a beachside investment property in one of New Jerseyâ??s most popular coastal towns.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
11
Year built:
1920
Baths:
7.00
MLS#:
243205

ADDITIONAL INFORMATION

EXTRAORDINARY INVESTMENT OPPORTUNITY! Imagine the rental income you could generate OR sell individually as condos, this is a "ready to go" condo conversion with background work completed! This charming coastal inspired six-unit multifamily property is situated approximately 2.5 blocks from the beach and boardwalk in an amazing location. Enjoy amusements and water parks, fantastic restaurants, recreational parks and so much more, all within close proximity. All units in this building have full heat and air conditioning, offering options for renting for short term summer rentals, longer seasonal / shoulder season rentals or year-round. You could even reserve a unit for personal use and still produce a strong income. The wrap around porch on the second level is the perfect spot to line up the rocking chairs and enjoy the sounds and sights of people enjoying life at the beach. Both units 3 and 4 are accessed from this porch. Unit 3 (on the 2nd level) is a beautiful 2 bedroom, 1 bath with stunning hardwood flooring throughout, a large living room, dining area, kitchen with plenty of cabinets and tile flooring with walk in pantry, and a bath with large tile shower and unique dresser style dual sink vanity and washer/dryer hookups, and a deck off the kitchen. Unit 4 (up the stairs on the 3rd level) is a 2 bedroom, 1 bath with original stainless window features, original doors with glass knobs - it's very charming. This unit has new carpeting throughout, a private washer and dryer, kitchen and living room. The front deck dedicated to this unit has massive and expands the living space. The top floor is unit 5, and that is the largest of the units with 3 bedrooms and 1 bath, with a beautiful open layout. Units 1 and 2 are on the ground level. Unit 1 is a two bedroom, two bath with living room and kitchen, and its own small deck. Unit 2 is a one bedroom, one bath with a sitting room with patio, kitchen, bath with tub, and a private washer and dryer. Unit 6 is the free standing cottage, which is a 1 bedroom, 1 bath with kitchen and sitting area, perfect for an on site owner or manager to use as their residence. The owner has made many improvements to this property - it has attractive vinyl siding for minimal maintenance, all systems and utilities are separated to each unit, all kitchens and baths have been updated - the property is ready to go for 2025! Situated on a large 64 X 100 lot, there is plenty of parking and outdoor space for all units. Income potential exceeds $125,000 easily and could push higher with a short-term rental approach, and the condominium conversion route appears to yield a nice profit when we run the numbers. Don't miss your chance to invest in a one of a kind property in North Wildwood! NOTE: AI GENERATED VIRTUALLY STAGED PHOTOS HAVE BEEN INCLUDED SHOWING CERTAIN ROOMS FURNISHED.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1975
Baths:
2.00
MLS#:
243206

ADDITIONAL INFORMATION

If you are looking for the most unique property on the market, LOOK NO FURTHER! This North Wildwood Legal Duplex, has two separate apartments, but one entity of ownership. This unit can be used as one OR two separate units. Upstairs offers 3 bedrooms while the downstairs offers 2 bedrooms. Both levels offer one bathroom, their own laundry rooms, living rooms, AND kitchens! The entire home offers a total of 3 patio spaces, with a fully fenced in backyard. A stoneâ??s throw to the inlet, this home is situated ideally in the Anglesea neighborhood. Enjoy your evenings on the beautiful North Wildwood seawall. It also has very convenient access to all the wonderful bars and restaurants in North Wildwood, not to mention the famous North Wildwood beach! Call today for a showing, this property is a MUST SEE! NO HOA. Not a part of any condominium association, the property shares one party wall.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
13
Year built:
1925
Baths:
7.00
MLS#:
240396

ADDITIONAL INFORMATION

OVER 162,000 in rentals. Potential for 185,000+ when renting in the off season Don't miss out on this beautiful shore house. This beautiful home is one of the largest in North Wildwood. This triplex sleeps 32 between all 3 units. This property is perfect for a family home plus income. The wrap around porch is spacious and inviting. The rocking chairs are the perfect place to relax and enjoy the cool ocean breezes. The current owners rent all 3 units. There are 3 separate electric meters and 1 gas meter. The driveway holds parking for at least 6 cars. This is the perfect beach house for the extended family. Call today to arrange your showing .

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Cape May MLS. All Rights Reserved.



North Wildwood Real Estate

The median home value in North Wildwood, NJ is $435,000. This is lower than the county median home value of $613,600. The national median home value is $338,100. The average price of homes sold in North Wildwood, NJ is $435,000. Approximately 15.1% of North Wildwood homes are owned, compared to 4.71% rented, while 80.19% are vacant. North Wildwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Wildwood real estate agent to arrange a tour today!

North Wildwood, New Jersey has a population of 3,625. North Wildwood is less family-centric than the surrounding county with 12.8% of the households containing married families with children. The county average for households married with children is 25.39%.

The median household income in North Wildwood, New Jersey is $72,500. The median household income for the surrounding county is $76,237 compared to the national median of $69,021. The median age of people living in North Wildwood is 60.6 years.

North Wildwood Weather

The average high temperature in July is 85.2 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11.6 inches of snow per year.

North Wildwood Real Estate Market Conditions

  • Median sales price

    $435,000
    20.3% change since last quarter
  • # Active listings

    91
    30-day change

North Wildwood Schools and Demographics

Education near North Wildwood, NJ

Metric City County
High School Graduates 95.56 94.05
College Degree - 2 year 13.56 7.66
College Degree - 4 year 28 34.98
Graduate Degree 8.67 9.5
Expenditures per Student 26,202 26,202
Students per Teacher 10.4 10.4

Elementary Schools near North Wildwood, NJ

School Grades Students P/T Ratio ZIP
Cape May City Elementary School PK - 06 175 8.8 08204
Carl T Mitnick School 01 - 02 488 12.8 08204
Crest Memorial School PK - 08 254 8.1 08260
David C Douglass Memorial School PK - KG 427 16.4 08251
Dennis Township Primary School PK - 03 210 9.7 08210
Glenwood Avenue Elementary School PK - 05 462 10.8 08260
Margaret Mace Elementary School PK - 08 304 7.8 08260
Maud Abrams School 03 - 04 446 11.6 08204
Middle Township Elementary #1 PK - 02 691 14.4 08210
Middle Township Elementary #2 03 - 05 529 12.5 08210
Stone Harbor Elementary School KG - 04 68 4.6 08247
West Cape May Elementary School PK - 06 80 12.1 08204

Middle Schools near North Wildwood, NJ

School Grades Students P/T Ratio ZIP
Middle Township Elementary #4 06 - 08 558 12 08210
Richard M. Teitelman Middle School 07 - 08 524 11 08204
Sandman Consolidated School 05 - 06 446 12.6 08204
Wildwood Middle School 06 - 08 156 11.9 08260

High Schools near North Wildwood, NJ

School Grades Students P/T Ratio ZIP
Lower Cape May Regional High School 09 - 12 905 10.4 08204
Middle Township High School 09 - 12 755 11.7 08210
Wildwood High School 09 - 12 252 6.5 08260

Ungraded Schools near North Wildwood, NJ

School Grades Students P/T Ratio ZIP
* Cape May County Technical High School 09 - 12 599 9.6 08210
* Cape May Regional School 07 - 12 8 08210
* Cape May Transitional Education Center 10 - 12 7 08210
* Project Teach - Cape May 10 - 12 12 08210

Demographics near North Wildwood, NJ

Metric City County
Neighborhood Type
Population 3,625 95,488
Population Density 2,102 380
Median Age 60.6 50.4
People per Household 2.1 2.2
Median Household Income 72,500 76,237
Average Income per Capita 53,209 45,689