MLS#NJCM2007020
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLWILDWOOD CITY SCHOOLS
Property Description
Rare opportunity to acquire a 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and two spacious 3-bedroom condo-style units, providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. With the current price point of $1.499M, there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
Property Features
Property Type: Commercial -
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Electric, Natural Gas
Heating: Baseboard - Hot Water, Heat Pump(s)
Lot Size: 0.12 Acres
Roof Type: Architectural Shingle, Flat, Rubber
Taxes: $9,779
Year Built: 1938
Feature Descriptions
Days on Site: 8
Exterior: Frame
Flooring: Hardwood, Laminate Plank, Carpet, Tile/Brick
Lot Dimensions: 0.12 Acre(S)
Municipality: WILDWOOD CITY
Parking Notes: Paved Parking, Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 7
Water: Public
Local Schools
School District: WILDWOOD CITY SCHOOLS
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach-Washington-Gloucester
Agency Phone: 8562278900
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
115 117 W Poplar | MLS# NJCM2007020
This commercial property located at 115 117 W Poplar, Wildwood, NJ 08260 is currently listed for sale with an asking price of $1,499,000. 117 W Poplar is located within the WILDWOOD CITY SCHOOLS school district. Search Wildwood real estate on www.realtymark.net today.