4701 Arctic Avenue, Wildwood, NJ 08260
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
4701 Arctic Avenue,Wildwood, NJ 08260
$1,250,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:doreen "dee" kraemer
Office:new era real estate
MLS#:252454
Source:NJ_CMCAR
Price summary
- Price:$1,250,000
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!
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Home facts
- Year built:1940
- Listing ID #:252454
- Added:7 day(s) ago
- Updated:August 24, 2025 at 03:49 PM
Heating and cooling
- Cooling:Wall Air Conditioning
- Heating:Electric, Gas Natural
Structure and exterior
- Year built:1940
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$1,250,000
- Tax amount:$13,228
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