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Micah Yerk

DeSatnick Real Estate, LLC

myerk@desatnickrealestate.com +1(609) 886-6000

$ 549,900

Est. payment -/mo

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Active

6 J Avenue West Wildwood, NJ 08260

5 Beds

2 Baths

2,004 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,004 sqft

Price per Sqft $274

MLS Listing ID 253456

Bedrooms 5

Year Built 1930

Annual Tax Amount $3,934

Tax Year 2024

Lot Dimensions 3,202

Property Sub-Type Duplex

Property Description

Unlock the potential of this income generating, two-story duplex offering tremendous built-in upside. The spacious first-floor unit (960 sq ft) features 3 bedrooms, 1 bath, a large eat-in kitchen, comfortable living room, in-unit laundry, and a 24' x 8' enclosed porch. Currently rented month-to-month at $1,050 with area comps supporting rents around $2,100 after updates. The second-floor unit (906 sq ft) includes 2 bedrooms, 1 bath, a bright eat-in kitchen, and a cozy living room, and is currently occupied by family at no rent, giving new owners full flexibility. Similar units are renting for approximately $1,400 per month. With strong rental demand and a projected stabilized income of $3,500 and up per month once improved, this property offers a clear value-add opportunity through cosmetic and functional upgrades. Whether you choose to live in one unit while renovating the other or bring both to market as high-performing rentals, the cash-flow potential far outweighs the upfront work. This duplex is more than a property; it's a meaningful equity building opportunity ready to be unlocked. Home being conveyed in "As Is" condition.

Location

State NJ

County Cape May County

Area West Wildwood

Zoning R-1

Location Details Cleared Lot,Inside Lot

Rooms

Other Rooms Living Room, Kitchen, Laundry/Utility Room

Interior

Hot Water Gas

Heating Gas Natural

Cooling Wall Air Conditioning

Exterior

Exterior Feature Porch, Cable TV, Sidewalks

Building

Lot Description Cleared Lot, Inside Lot

Sewer City

Water City

New Construction No

Others

Acceptable Financing Conventional, Veterans ADM

Listing Terms Conventional, Veterans ADM

Financing Conventional,Veterans ADM

Listed by HOMESTEAD REAL ESTATE CO. INC.

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Micah Yerk

Broker-Salesperson/Managing Broker, Lower Township Office | License ID: 1110889

+1(609) 886-6000

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Micah Yerk

6 J Avenue West Wildwood, NJ 08260

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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6 J Avenue