4701 Arctic Avenue, Wildwood, NJ 08260

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4701 Arctic Avenue,Wildwood, NJ 08260
$1,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:doreen "dee" kraemer
Office:new era real estate
MLS#:252454
Source:NJ_CMCAR

Price summary

  • Price:$1,250,000

About this home

Fabulous corner property boasts 100 x 103 lot. There are 2 buildings with a total of 9 apartments. The house in front is a Triplex, rear building has 6 apartments. There is (1) 3-Bedroom unit, (5) 2-Bedroom units, (3) 1-Bedroom units. Fully Rented with Leases, Rents are current, CAP rate of 6.2%. Current rents are below market value leaving room for a higher rent roll. Located 4 blocks to the beautiful Wildwood Beach, Boardwalk and Convention Center. Don't miss this one, it's a great catch!

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Home facts

  • Year built:1940
  • Listing ID #:252454
  • Added:60 day(s) ago
  • Updated:October 21, 2025 at 03:44 PM

Heating and cooling

  • Cooling:Wall Air Conditioning
  • Heating:Electric, Gas Natural

Structure and exterior

  • Year built:1940

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,250,000
  • Tax amount:$13,228
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