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For Sale 302 Atlantic, North Wildwood, NJ, 08260

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302 Atlantic, North Wildwood, NJ, 08260

$699,777

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Amazing Location and Incredible opportunity to own 5 condos Just a short walk to the Seawall, Hereford Inlet and it rapidly expanding beaches as well as all of the dining and nightlife you have come to cherish in North Wildwood. Being Sold as 1 Parcel. What a Unique Opportunity and Tremendous Value. There are (4) 1 Bedroom Condos for sale in the Main House (2 on the 3rd Floor and 2 on the 4th floor). There is also a Very Large detached 2 Bedroom Cottage in the Rear as well. Total condo fee per month for the 5 units is $630. Includes gas, water/sewer, cable, internet, liability insurance, flood for main building only and lawn care. The Total Tax bill for 5 units is 9590.73. All have separate electric and mini split systems for Year-Round Comfort. All currently tenant occupied with long standing tenants on month-to-month leases. Unit 7 will be rented to a traveling nurse for the summer at $2000/month. Rear cottage $1400/month. Units 6,8 are $860/month each and #5 is $875/month. Most likely looking for a cash buyer or a Buyer utilizing a local bank or Hard Money Lender. If I were Pricing these Units Individually, I would have the 1 Bedroom Year-Round Condos at $150,000x 4 = $600,000. The 2 Bedroom Cottage would be $350,000 minimally. That Totals $950,000. This is being sold for just under $800,000. 4 Units on Top 2 Floors (5,6,7,8) & Cottage (1)

Listing courtesy of: LONG & FOSTER REAL ESTATE, INC nwnj
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size 1 to 6000 SqFt
Tax 9590.00
SQFT
OutsideFeaturesPatio, Deck, Enclosed/Cov. Patio, Porch, Cable TV, Sidewalks, Outside Shower
AlsoIncludedBlinds, Partial Furniture
CoolingMulti Zoned
WaterCity
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 50x100
# Units 5
Tax Year 2022
Area North Wildwood
OtherRoomsLiving Room, Kitchen, Dining Area
HeatingForced Air
HotWaterElectric
SewerCity
Please Check Box below.

Nearby Listings

Loss of electric on the island, not with this home. This Single Family Home is equipped with a whole home Kw 16 Generac generator allowing uninterrupted power, enabling the two air conditioning units and internet to continue to provide comfort and entertainment throughout the power outage. Situated in the most desirable neighborhood in North Wildwood. Close to the bar and restaurant district, yet far enough away from the noise. Just a short walk to the beautiful North Wildwood beaches, the Lou Booth Amphitheater and the Historic Hereford’s Inlet Lighthouse. This uniquely constructed, one of a kind home is approximate 2794 Square Feet sits on a 50’X 100’ lot. A great home to entertain family and friends. The first level: contains the living room. This very large open concept room is accessed via a large, covered deck/porch. It is equipped with a vaulted ceiling, natural gas fireplace, wet bar with a granite counter-top,a half bathroom and a large walk-in closet. The rear sliding door of this room leads to one of the five decks on this property. Second Level: contains the dining room, currently utilized as an office. This area would be an ideal location for a fourth bedroom. The kitchen contains much desired cabinets space and a enormous walk-in pantry. Next, there are two dining areas. One is the traditional eat in kitchen area with 6 chairs and the second is a unique breakfast bar with three stools. This breakfast bar permits unobstructed sight to the first floor living room and the television. A sliding door leads to an awning covered deck. Steps down from this deck lead to the first level deck. There are hardwood floors throughout this level. Third Level: contains three bedrooms and a laundry room with a utility sink. Hardwood flooring leads to these rooms. The vaulted ceiling Master Bedroom is approximately 1/3 of this level, having a 13’ X 7’ walk in closet. The Master Bathroom, also with a vaulted ceiling has a large linen closet, walk in shower and a whirlpool tub. A sliding door in the bedroom leads to a fiberglass deck. The home is heated with a 4 zoned, clean hot water natural gas system. There are two air conditioning units. The attic area is accessed via pull down steps in the hallway with plywood flooring. There is parking for at least four cars, one in the attached garage and three on the carport/driveway. An interior mud room leads to the garage. This home will have to be seen in person to appreciate its uniqueness. No known home at the Jersey Shore has been built with this distinctness.

Property 2

218 4th, North Wildwood

  • 3

  • 2.1

  • $1250000

50\' x 100\' Lot. Do not miss your opportunity to own a house overlooking Herford Inlet and the Atlantic Ocean in beautiful North Wildwood. This wonderful lot on the north side of 1st Avenue in North Wildwood will be the perfect location for the once in a lifetime shore house you have always wanted. In addition to the million-dollar views you will have from your backyard, there will be plenty of room for a pool outback. This is not only the best location in the Wildwoods, but you will also not find a better location at the Jersey Shore. Walk the seawall, it is right outback. Walk to the beach without crossing a street or just put that oversized pool in and enjoy the cool breeze, salt air and sunrise. If you get tired of looking at the beach, ocean and the inlet all day, walk up to the best and safest entertainment and area in all of New Jersey, Old New Jersey Avenue is two blocks away. Close enough to walk too, far away enough not to hear. Also, one of the highest elevated areas in North Wildwood, no water in the street during Superstorm Sandy or Nor Easter Jonas. It really does not get any better than this in all of New Jersey. You cannot get these views, with this kind of proximity to the beach, seawall and entertainment, on this size lot anywhere. Do not let this chance pass you by or you will be missing beautiful sunrises forever. You also will not find a tax rate lower than North Wildwood’s anywhere at the Jersey Shore!

Property 2

231 1st, North Wildwood

  • 0

  • 0.0

  • $2325000

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