238 E Leaming Avenue Wildwood, NJ $ 1,197,777
238 E Leaming Avenue
$ 1,197,777
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238 E Leaming Avenue

Wildwood, NJ, 08260
$ 1,197,777
Bedrooms12 Baths6.0

Monthly Estimate*

$ 7,473

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Multi-Family Home for sale in Wildwood, NJ

for $1,197,777 with 12 bedrooms and 6 full baths. This home was built in 1920.

Amazing Location just a couple blocks to the World Famous Wildwood Beaches, Boardwalk just a few Blocks to Wildwood Crest. There are 2 Buildings that Make up this 6 Unit Complex. The Front Building is 4 Units with 2 on the Upper floor that enjoy Ocean Views and 2 on the First Floor. The apartments are bright and airy. Each feature 2 bedrooms tastefully decorated and are being sold fully furnished as seen. This home has its own private patio area and may also take advantage of the common picnic area between the 2 houses. There is Luxury vinyl plank flooring for convenient cleanup and to protect against sand and water brought back from the beach andoutdoor shower. This property is heated for year round usage and makes a great investment property or 2nd home. Also conveniently located near the convention center, you may take advantage of all of the events in the shoulder seasons as well that are put on at that venue. The Owners have all of the Condo Docs, Surveys and exemptions needed should you decide to convert these to condominiums. The owners were going to sell individually and have been working on the units. Last year the property grossed $133,000 with very little effort or Marketing. The $25,000/unit should be easily attained and should the properties be pushed a bit more and rented over the fall and winter, you could expect another 10k/unit

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Multi-Family Active

Price

$ 1,197,777

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 9,797

Style

Year Built

1920

Town/City

Wildwood

County/Region

Cape May

MLS | Web ID

251997

Features
General
Heating Electric Baseboard
Cooling Wall Air Conditioning
Water City
Sewer City
Year Built 1920
Parking 3 Car Concrete Driveway
Other Rooms Living Room Kitchen Dining Area Laundry/Utility Room
County Cape May County
Class MULTI-FAMILY
Type Other
Tax Year 2025
New Construction Y/N No
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Island
City Wildwood
Taxes 9797
DOM 155
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Interior
Basement Crawl Space
Hot Water Gas
Total Number of Units 6
Unit 4 Bedrooms 2
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Exterior
Exterior Amenities Patio Deck Enclosed/Cov. Patio Porch Storage Building Cable TV Sidewalks Outside Shower
Lot Dimensions 40x100
Lot Size 1 to 6000 SqFt
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* Excluded Features
List By
Brian Reed

Listing Agent

Long & Foster Real Estate, Inc Nwnj

Broker

elitebeachrealtor@gmail.com

Email

Affordability Calculator

$8,289
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,473
Monthly Property Taxes
$816
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
7/8/2025$1,197,777 Listed Price

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238 E Leaming Avenue, Wildwood, NJ, 08260 is a Multi-Family Home for sale at $1,197,777. 238 E Leaming Avenue has 12 bedrooms, 6.0 baths, and was built in 1920. The property's zip code is 08260 which is in Wildwood, NJ