NJ > North Wildwood
North Wildwood, NJ 08260,501-505 New York Avenue
North Wildwood, NJ 08260,501-505 New York Avenue
North Wildwood, NJ 08260,501-505 New York Avenue
North Wildwood, NJ 08260,501-505 New York Avenue
North Wildwood, NJ 08260,501-505 New York Avenue
North Wildwood, NJ 08260,501-505 New York Avenue
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Matthew Brunner

Matthew Brunner

Ferguson Dechert Real Estate, Inc.

+1(609) 778-8070
$ 3,395,000
Est. payment | /mo
Save
$ 3,395,000
Est. payment | /mo
Save

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
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 778-8070

matt@avalonsales.com

2789 Dune Drive, Avalon, NJ, 08202

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501-505 New York Avenue