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Micah Yerk

myerk@desatnickrealestate.com +1(609) 408-3434

$ 1,200,000

Est. payment -/mo

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Price Dropped by $170K

120 E Schellenger Avenue Wildwood, NJ 08260

3,860 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel

Listing Status Active

Purchase Type For Sale

Square Footage 3,860 sqft

Price per Sqft $310

MLS Listing ID 260299

Year Built 1960

Annual Tax Amount $8,588

Tax Year 2025

Lot Dimensions .09

Property Sub-Type Hotel

Property Description

Are you looking for the perfect Shore Investement? This property offers exceptional income potential in only 6 months . Property could be delivered fully rented if desired . The property was renovated in 2021, this rare 14-room seasonal building blends comfort, flexibility, and strong rental appeal just steps from the beach and boardwalk. It features 14 private rental rooms, 9 full bathrooms, a shared living room, and two full kitchens in one large open space—perfect for group living, meal prep, and communal gatherings. The smart layout maximizes occupancy and creates a welcoming environment for seasonal renters, travel workers, and especially J-1 student housing, which remains in high demand in Wildwood. With potential earnings of over $130,000 per season, plus an option for seasonal rental at $90,000 (MLS 260300), this property offers multiple revenue streams. Its prime location near restaurants, nightlife, and top attractions ensures consistent demand and lasting value—a standout opportunity for investors seeking a high-performing property in one of the Shore's most sought-after destinations. SELLER INCENTIVE!

Location

State NJ

County Cape May County

Area Wildwood

Zoning PARZ

Location Details Island,Business District

Rooms

Other Rooms Utility Room

Interior

Interior Features Living Space Available, Restroom

Hot Water Gas

Heating No Heating

Cooling Wall Air Conditioning

Flooring Linoleum/Vinyl, Partial Carpet

Exterior

Exterior Feature Security Light/System, Security Camera

Parking Features Other (See Remarks)

Building

Lot Description Island, Business District

Story 2

Sewer Public

Water Public

Structure Type Other (See Remarks)

Listed by KELLER WILLIAMS REALTY - Washington Twp

NEARBY SCHOOL & BUSINESS

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Micah Yerk

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

+1(609) 408-3434

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Micah Yerk

120 E Schellenger Avenue Wildwood, NJ 08260

Key Details

Location

Rooms

Interior

Exterior

Building

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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120 E Schellenger Avenue