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Bought with Unrepresented Buyer • Unrepresented Buyer Office
$ 469,000
$ 489,900 4.3%
702-.5 BOARDWALK Wildwood, NJ 08260
731 SqFt
UPDATED:
Key Details
Sold Price $469,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 731 sqft
Price per Sqft $641
MLS Listing ID NJCM2005044
Sold Date 09/26/25
Style Cottage,Bungalow,Dwelling with Rental,Dwelling w/Separate Living Area
Abv Grd Liv Area 731
Year Built 1920
Annual Tax Amount $2,124
Tax Year 2024
Lot Size 1,250 Sqft
Acres 0.03
Lot Dimensions 25.00 x 50.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Nestled in a coveted SHAWCREST neighborhood, this recently renovated duplex property stands as a testament to modern luxury and impeccable design. With meticulous attention to detail, the home has undergone a comprehensive renovation, transforming it into a stunning masterpiece of Jersey shore living.
Shawcrest provides a serene family-friendly environment popular for year-round residents and vacationers alike. It offers a more relaxed and quieter atmosphere compared to some of the busier sections of Wildwood while also being conveniently located to the vibrant attractions; The Wildwood Boardwalk, beaches, amusement parks, shops and restaurants all just a short drive away.
The property's dual nature as both a residence and a short-term rental unit presents an opportunity for a steady stream of rental income. Owners can live in one unit and rent out the other on platforms like Airbnb or VRBO, taking advantage of the booming short-term rental market. This property is currently generating income using Airbnb and has bookings already into the new year. (can transfer with sale or be cancelled if needed)
Location
State NJ
County Cape May
Area Lower Twp (20505)
Zoning R
Interior
Hot Water Propane
Heating Heat Pump(s)
Cooling Ductless/Mini-Split
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Pilings
Above Ground Finished SqFt 731
Sewer Public Sewer
Water Public
Architectural Style Cottage, Bungalow, Dwelling with Rental, Dwelling w/Separate Living Area
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Wildwood City Schools
Others
Tax ID 05-00815-00017
Ownership Fee Simple
SqFt Source 731
Acceptable Financing Cash, Conventional, FHLMC, FMHA, Other
Listing Terms Cash, Conventional, FHLMC, FMHA, Other
Financing Cash,Conventional,FHLMC,FMHA,Other
Special Listing Condition Standard
