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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

$ 1,200,000

Est. payment | -/mo

14 Beds

9 Baths

3,360 SqFt

Save

$ 1,200,000

Est. payment | -/mo

Save

14 Beds

9 Baths

3,360 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $357

Lot Size 3,999 Sqft

MLS Listing ID NJCM2006834

Style Coastal

Subdivision Wildwood City

Bedrooms 14

Full Baths 9

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

Property Description

Exceptional Income-Producing Opportunity in the Heart of Wildwood! Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore's most desirable locations. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. The seller currently nets approximately $130,000 per season, demonstrating the property's exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you're looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.

Location

State NJ

County Cape May

Area Wildwood City (20514)

Zoning PARZ

Rooms

Main Level Bedrooms 8

Interior

Interior Features 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting

Hot Water Natural Gas

Heating None

Cooling Window Unit(s)

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Inclusions All existing w/w flooring, fixtures, light fixtures, appliance, including both refrigerators and all existing furnishings in their as-is condition.

Equipment Oven/Range - Gas, Refrigerator, Water Heater

Furnishings Yes

Fireplace N

Window Features Replacement,Vinyl Clad

Appliance Oven/Range - Gas, Refrigerator, Water Heater

Heat Source None

1-purchase type For Sale

Exterior

Exterior Feature Patio(s)

Waterfront N

Water Access N

View Street

Roof Type Pitched,Asphalt,Shingle

Accessibility 36\"+ wide Halls

Porch Patio(s)

Parking Type On Street

Building

New Construction N

Story 2

Foundation Slab

Lot Dimensions 40.00 x 100.00

Sewer Public Sewer

Water Public

Architectural Style Coastal

Story 2

Additional Building Above Grade, Below Grade

Schools

School District Wildwood City Schools

Others

Senior Community No

Tax Amount $8,588

Tax Year 2025

Tax ID 14-00172-00021

Ownership Fee Simple

SqFt Source 3360

Security Features Smoke Detector,Exterior Cameras

Special Sale Standard

testyfx76

Listed by Tom Duffy • Keller Williams Realty - Washington Township

120 E SCHELLENGER AVE Wildwood, NJ 08260