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423 E Magnolia Avenue Wildwood, NJ $ 1,100,000
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$ 1,100,000 Get more info
423 E Magnolia Avenue
$ 1,100,000
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423 E Magnolia Avenue

Wildwood, NJ, 08260
$ 1,100,000
Bedrooms-- Baths-- Sq 8,600

Monthly Estimate*

$ 6,863

423 E Magnolia Avenue, Wildwood, NJ 08260 - Image 1
423 E Magnolia Avenue, Wildwood, NJ 08260 - Image 2
423 E Magnolia Avenue, Wildwood, NJ 08260 - Image 3
423 E Magnolia Avenue, Wildwood, NJ 08260 - Image 4
423 E Magnolia Avenue, Wildwood, NJ 08260 - Image 5
423 E Magnolia Avenue, Wildwood, NJ 08260 - Image 6
423 E Magnolia Avenue, Wildwood, NJ 08260 - Image 7

Commercial Property for sale in Wildwood, NJ

for $1,100,000. This 8,600 square foot building was built in 1945 on a lot size of 0.1.

Spacious two-story commercial property just steps away from the water, boardwalk, piers, and countless attractions. Formerly home to one of Wildwoods most iconic restaurants, Groffs, the building has been fully gutted and cleaned, providing a blank canvas for a new owners vision. Opportunities like this are rare, so schedule your showing today and make it yours!

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 13,440

Style

Restaurant/Bar

Lot Size

0.1

Year Built

1945

Town/City

Wildwood

County/Region

Cape May

MLS | Web ID

NJCM2006438
Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Immediate
Zoning BRZ
Construction Materials Frame
Year Built 1945
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality WILDWOOD CITY
Business Type Restaurant/Bar
Accessibility None
County CAPE MAY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City WILDWOOD
Number Of Units Total 0
MLS Area Wildwood City (20514)
Lot Size Units Square Feet
Lot Size Square Feet 4500.00
Tax Annual Amount 13440.0
Price Per Sq Ft Total AG 127.91
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00012
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 8600.00
Lot Dimensions 50.00 x 90.00
Lot Size Acres 0.10
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 159400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 423
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* Excluded Features
List By
Exp Realty, Llc

Broker

mgiudarealtor@gmail.com

Email

Affordability Calculator

$7,983
Per Month
86%
14%
0%
Monthly Principal & Interest
$6,863
Monthly Property Taxes
$1,120
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/21/2025$1,100,000 Listed Price

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423 E Magnolia Avenue, Wildwood, NJ, 08260 is a Commercial Property for sale at $1,100,000 with 8,600 sqft and a lot size of 0.1. 423 E Magnolia Avenue was built in 1945. The property's zip code is 08260 which is in Wildwood, NJ

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