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Micah Yerk

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

$ 90,000

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Active

120 E Schellenger Avenue Wildwood, NJ 08260

3,360 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Motel

Listing Status Active

Purchase Type For Rent

Square Footage 3,360 sqft

MLS Listing ID 260300

Year Built 1960

Annual Tax Amount $8,588

Tax Year 2025

Lot Dimensions 40X100

Property Sub-Type Motel

Property Description

Exceptional Income-Producing Opportunity in the Heart of Wildwood! available for Seasonal Rent at $90,000, offering flexibility for operators or investors evaluating multiple revenue strategies. March 15- October 15 . The current set up will allow for income over $130,000 per season, demonstrating the property's exceptional earning power. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you're looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood. Available for Sale or Lease purchase also .

Location

State NJ

County Cape May County

Area Wildwood

Zoning PARZ

Location Details Island,Business District

Interior

Interior Features Living Space Available, Restroom, Security Camera

Hot Water Gas

Heating No Heating

Cooling Other (See Remarks)

Flooring Linoleum/Vinyl, Other (See Remarks), Partial Carpet

Exterior

Exterior Feature Security Light/System

Parking Features None

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

Interior

Exterior

Building

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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120 E Schellenger Avenue