Unlock the potential of this income generating, two-story duplex offering tremendous built-in upside. The spacious first-floor unit (960 sq ft) features 3 bedrooms, 1 bath, a large eat-in kitchen, comfortable living room, in-unit laundry, and a 24' x 8' enclosed porch. Currently rented month-to-month at $1,050 with area comps supporting rents around $2,100 after updates. The second-floor unit (906 sq ft) includes 2 bedrooms, 1 bath, a bright eat-in kitchen, and a cozy living room, and is currently occupied by family at no rent, giving new owners full flexibility. Similar units are renting for approximately $1,400 per month. With strong rental demand and a projected stabilized income of $3,500 and up per month once improved, this property offers a clear value-add opportunity through cosmetic and functional upgrades. Whether you choose to live in one unit while renovating the other or bring both to market as high-performing rentals, the cash-flow potential far outweighs the upfront work. This duplex is more than a property, it’s a meaningful equity building opportunity ready to be unlocked. Home being conveyed in "As Is" condition.
Great investment opportunity in Wildwood! This Duplex has 2 separate houses on the lot. The front unit is a 2 story porch front with 3 bedrooms and 1.5 bathrooms. The first floor offers a nice open living room and dining room area, a full updated kitchen and a powder room. Head upstairs where you will find 3 private bedrooms and a full updated hall bathroom. This unit offers a private front porch and a nice size deck off the side for you to enjoy some outdoor space. The rear unit is a one floor property that offers a living room, an updated eat in kitchen, 2 private bedrooms and a full bathroom. Front unit is currently occupied but both units will be delivered vacant. This could be a great opportunity to make year round rental income while also enjoying some time for yourself down the shore. This property is just walking distance to Otten's Harbor, the Wharf Restaurant, MudHen brewing company, Island Miniature Golf and so much more.
This beautifully remodeled income-producing duplex in the heart of Wildwood offers two spacious and modern units, both featuring stylish wood-look tile flooring throughout and updated finishes. The first-floor unit includes 2 bedrooms, 2 baths, a covered porch, living room, kitchen with granite countertops and tile backsplash, a bonus room, and central air and heat, currently rented for $2,400 per month. The second-floor unit offers 3 bedrooms, 1 bath, a covered porch, living room, kitchen with quartz countertops and tile backsplash, and is rented for $2,200 per month. The property was completely renovated about four years ago, including new furnaces, A/C condensers, hot water heaters, kitchens, bathrooms, flooring, trim, and doors, making it a turnkey opportunity for investors seeking a low-maintenance, high-income property in a desirable coastal location. First floor tenant is moving out at the end of December. This gives the new owner the option on using one unit for themselves or using it as a short-term or year round rental.
UNBELIEVABLE OPPORTUNITY for the savvy-minded buyer! Discover this exceptional property in Wildwood - an almost brand-new duplex offering two spacious, modern 4-bedroom, 3-bath units. Each residence is thoughtfully designed with contemporary finishes, open-concept living areas, and all the modern conveniences youâ??d expect in a new coastal home. This property offers incredible flexibility - live in one and rent the other, rent both for strong income potential, or complete a condo conversion and sell each unit individually. Both units feature: stylish, fully equipped kitchens with modern appliances, bright open great rooms perfect for entertaining, private decks and patios for outdoor enjoyment, convenient outside showers for beach days, a large garage plus ample off-street parking for both units. Set in the heart of Wildwood, youâ??ll be just minutes from the beach, boardwalk, and local dining favorites - making it ideal for year-round living, a summer retreat, or an investment property with serious upside. Donâ??t miss this rare chance to own a turn-key duplex at the shore - offering income, flexibility, and modern beach living all in one. Sale is contingent upon seller's closing on replacement housing.
Prime investment opportunity in Wildwood – 5100 & 5200 Atlantic Ave. 5100 Atlantic Ave is a boutique 11-unit hotel, completely renovated in 2020, and 5200 Atlantic Ave is a 3-bedroom home with a 9-car parking lot, just 1.5 blocks from the boardwalk and beach. The hotel, known as 5100 Vacation Club, features fully furnished suites with stainless steel kitchens, private balconies, sleeper sofas, separate electric meters, professional fire/sprinkler systems, ADA access, an in-ground pool, outdoor lounge/BBQ areas, and a dedicated office structure. The 5200 Atlantic property currently serves as the owner’s quarters, laundry, and storage but also offers strong redevelopment potential with a matching lot size. Seasonal revenues average $420K with upside of $150K by extending operations beyond Memorial Day to Labor Day, along with long-term value-add through future development. Additional potential includes utilizing the parking lot for a new build with ground-level parking and residential units above. The sale includes both properties, reservation inventory, furniture, fixtures, and equipment, with seller financing available for qualified buyers.
A true once and a lifetime opportunity! This four unit situated on a large lot with off street parking is going to speak to all of your senses. Need a home for you and your family? the main unit upstairs has four bedrooms, two and a half baths and features a laundry list of upgrades. High end woodworking, three floors of hand laid hardwood floors, custom tile baths and ton of functional space. Not to mention the entire home ( and rental units ) feature instant hot water and plumbing and electrical upgrades . Underneath sits three one bedroom rental units! This home can legitimately pay for itself. The seller has also taken the initiative to offer to completely finish the exterior and replace all of the decks and landings; lets negotiate! This home will be completely turn key and functional from day one! For complete list of upgrades and proposed finishes reach out immediately!
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 water parks, amusement piers, dining, shopping, and a variety of events. With its prime location and flexible layout, this property is a true gem! Don’t miss this rare opportunity to own a beach side investment property in one of New Jersey’s most popular coastal towns.
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Wildwood is located in New Jersey. Wildwood, New Jersey has a population of 5,113. Wildwood is less family-centric than the surrounding county with 22.88% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Wildwood, New Jersey is $44,476. 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 Wildwood is 45.6 years.
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.