406 E Magnolia Avenue Wildwood, NJ $ 995,000
406 E Magnolia Avenue
$ 995,000
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406 E Magnolia Avenue

Wildwood, NJ, 08260
$ 995,000
Bedrooms14 Baths6.0

Monthly Estimate*

$ 6,208

406 E Magnolia Avenue, Wildwood, NJ 08260 - Image 1
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Multi-Family Home for sale in Wildwood, NJ

for $995,000 with 14 bedrooms and 6 full baths. This home was built in 1933.

Located in the Wildwood redevelopment zone with endless possibilities for investment and tax incentives as well. This is the golden opportunity that only comes around once in a blue moon!! This 5 unit rental machine on the beach block, steps from the famous Wildwood Boardwalk, has everything you're looking for in an investment property. The potential here for current J1 rentals, or air bnb, condo conversion.....this gem has it all. Multiple units allow for the owners to do as they please and reap the financial benefits of this beach block beauty. Bolstering a 5 unit with individual full kitchens, 12 bedrooms, 6 baths, updated tile, high efficiency instant hot water heater, and lots of potential...... Come get a look at this property while it lasts!

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Multi-Family Active

Price

$ 995,000

Bedrooms

14

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,300

Style

Year Built

1933

Town/City

Wildwood

County/Region

Cape May

MLS | Web ID

243149

Features
General
Heating No Heating
Cooling Wall Air Conditioning
Water City
Sewer City
Year Built 1933
County Cape May County
Class MULTI-FAMILY
Type Other
Tax Year 2024
New Construction Y/N No
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Beach Block
City Wildwood
Taxes 8300
Financing Conventional
DOM 421
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Interior
Basement Crawl Space
Hot Water Gas
Total Number of Units 5
Unit 4 Bedrooms 1
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Exterior
Exterior Amenities Patio Porch Security Camera
Lot Dimensions 2300
Lot Size 1 to 6000 SqFt
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* Excluded Features
List By
Bradley Lemma

Listing Agent

Sea Isle Realty

Broker

blemma126@gmail.com

Email

Affordability Calculator

$6,899
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$692
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/23/2025$995,000 -9.46% Price Down
7/23/2025$1,099,000 Listed Price

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406 E Magnolia Avenue, Wildwood, NJ, 08260 is a Multi-Family Home for sale at $995,000. 406 E Magnolia Avenue has 14 bedrooms, 6.0 baths, and was built in 1933. The property's zip code is 08260 which is in Wildwood, NJ