Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    108 W Rosemary Rd Wildwood Crest, NJ 08260

    View on Map
    Sponsored
    For Sale
    $999,000

    Duplex - Wildwood Crest, NJ

    Type:Duplex
    Days on Market:
    2
    Last Refresh:
    Mar 5 at 9:06 am

    Property Features for 108 W Rosemary Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    R2
    Parking features
    Driveway
    Patio and Porch features
    Deck
    Exterior features
    Deck, Outside Shower

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Number of units
    2
    Architectural style
    Other

    We can help!

    Listing Contact
    Anne Marie Waxman

    RESORTS REALTY

    Listing agent Anne Marie Waxman (609) 884-9070 License #2187954

    Listing date Mar 4, 2026

    MLS# 260494 Listing URL

    Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Desirable Duplex Near Sunset Lake

    This duplex is located on an oversized lot in Wildwood Crest, New Jersey. The property offers flexibility for investors and second-home buyers. The first-floor unit features 3 bedrooms and 2 bathrooms and is currently vacant. It includes two sets of sliders, with the living room and bedroom both having French doors leading to a private deck with privacy fencing. There is a washer and dryer hookup in the first-floor bedroom. The second-floor unit features 3 bedrooms and 1 bathroom, including a private deck with maintenance-free vinyl fencing. The great room opens onto a private deck through French doors. The bathroom in the upper unit has been updated with a tiled walk-in shower and tiled floor. The property includes off-street parking for four cars, an outdoor shower, and a front garden. Separate electric meters and separate heating and cooling zones are present. The property is located near Sunset Lake, Sunset Park, water sports, and the beach. The neighborhood is a mix of year-round residents and second-home owners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood Crest
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.834919
    Latitude
    38.9759724

    Nearby Similar for Sale

    • $369,000
      845 SF

      New Office Space Opportunity

      New construction office space in Wildwood Crest, available Spring 2026.
      6307 New Jersey Ave, Wildwood Crest, NJ 08260
      View Details
    • $369,000
      845 SF

      New Office Space Opportunity

      New construction office space in Wildwood Crest, available Spring 2026.
      6307 New Jersey Ave, Wildwood Crest, NJ 08260
      View Details
    • $6,999,900

      Wildwood Crest Motel For Sale

      48-unit motel with pool, near Wildwood Crest Beach.
      6101 Atlantic Ave, Wildwood Crest, NJ 08260
      View Details
    • $7,695,000

      Wildwood Crest Hotel For Sale

      54-unit motel with ocean views, pool, and owner's quarters.
      6905 Atlantic Ave, Wildwood Crest, NJ 08260
      View Details
    • $549,000
      2,221 SF

      Wildwood Crest Commercial Opportunity

      Single-story building in Wildwood Crest with parking and redevelopment potential.
      5905 New Jersey Ave, Wildwood Crest, NJ 08260
      View Details
    • $369,000
      845 SF

      New Construction Office Space

      New construction office space in Wildwood Crest, available Spring 2026.
      6307 New Jersey Ave, Wildwood Crest, NJ 08260
      View Details
    • $7,999,000
      20,000 SF

      Wildwood City Commercial Redevelopment Opportunity

      20,000 SF commercial building near the beach in Wildwood, NJ.
      3210 Pacific Ave, Wildwood City, NJ 08260
      View Details
    • Contact for pricing

      Oceanfront Penthouse with Breathtaking Views

      Luxury penthouse with ocean views, four bedrooms, and premium amenities.
      8901 Atlantic Ave, Wildwood Crest, NJ 08260
      View Details
    • Contact for pricing
      446 SF

      Renovated Condo Near Beach

      Turn-key, renovated 1-bedroom condo steps from the beach.
      5600 Seaview Ave, Wildwood Crest, NJ 08260
      View Details
    • Contact for pricing
      780 SF

      Coastal Haven Near Beach

      Three-bedroom condo, two blocks from the beach, ideal shore retreat.
      332 E Ave, Wildwood Crest, NJ 08260
      View Details
    • Contact for pricing

      Charming Condo Near Beach

      One-bedroom condo, one block from the beach with pool.
      5301 Atlantic Ave, Wildwood Crest, NJ 08260
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Wildwood Crest near Sunset Lake and the beach.
    Where is this duplex located?
    The property is located at 108 W Rosemary Rd Wildwood Crest, NJ.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Prime location in Wildwood Crest, near Sunset Lake, Sunset Park, and the beach.; - First-floor 3-bedroom, 2-bath unit is vacant, allowing for immediate occupancy or rental income.; - Two separate units offer flexibility for owner occupancy, rental income, or a combination of both.
    (610) 299-4998
    Request Owner's contact information
    108 W Rosemary Rd Wildwood Crest, NJ 08260
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    108 W Rosemary Rd
    Wildwood Crest, NJ 08260
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 W Rosemary Rd Wildwood Crest, NJ 08260
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Anne Marie Waxman
    Real Estate License ID: 2187954
    (610) 299-4998 (609) 884-9070
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!