11
See all 11 photos
$3,395,000
Est. payment /mo
Active
501-505 New York Avenue North Wildwood, NJ 08260
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Scott Gullaksen
Keller Williams Realty West Chester- Scott Gullaksen
sgullaksen@gmail.com +1(610) 453-9898UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 251285
Annual Tax Amount $28,155
Tax Year 2024
Lot Dimensions 25000
Property Sub-Type Commercial/Industrial
Property Description
Exceptional Investment Opportunity in Prime North Wildwood Location This expansive property spans an entire city block—approximately 25,000 square feet—offering unmatched potential in one of the most desirable areas of North Wildwood. The offering includes: 505 New York Avenue, featuring 9 rental units: 1 five-bedroom unit 1 three-bedroom unit 4 two-bedroom units 3 one-bedroom units Eight of the nine units are currently rented year-round, providing steady and substantial income. 501 New York Avenue, a well-maintained duplex with two spacious three-bedroom units. With 200 feet of frontage on New York Avenue, 150 feet along 6th Street, and 100 feet on 5th Street, the scale and layout of this property make it a rare find. Whether you're an investor looking for immediate cash flow or a developer seeking a transformative project site, the possibilities here are extraordinary. Don't miss out on this rare full-block opportunity in North Wildwood—contact the listing agent today for more details.
Location
State NJ
County Cape May County
Area North Wildwood
Zoning R-2
Rooms
Other Rooms Laundry Room
Interior
Interior Features Elevator Pass, Living Space Available
Hot Water Gas
Heating Gas Natural, Electric
Cooling Central Air Conditioning, Wall Air Conditioning
Exterior
Parking Features 11 Or More Spaces
Building
Sewer City
Water City
Structure Type Wood/Frame
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Listed by KELLER WILLIAMS REALTY JERSEY SHORE wc