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    208 E Spencer Ave Wildwood, NJ 08260

    For Sale
    $749,900

    Four-Plex - Wildwood, NJ

    Days on Market:
    14
    Last Refresh:
    Dec 7 at 1:06 pm

    Property Features for 208 E Spencer Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1925
    Number of units
    4
    Architectural style
    Other

    LONG & FOSTER REAL ESTATE, INC nww (609) 729-8840

    Listing agent Kathleen Chiolo (609) 729-8840 License #0564196

    Listing date Nov 24, 2025

    MLS# 252834 Listing URL

    Copyright © 2025 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.

    Overview

    Wildwood Four-Plex Investment Opportunity

    Located in Wildwood, this four-unit property presents an investment or owner-occupant opportunity. The property, a handyman special, includes off-street parking and separate electric meters for each unit. Cosmetic and systems work is needed. The front unit features an open concept with multiple levels, including a living area with a wood-burning stove on the first floor, two bedrooms, a bathroom, a kitchen, a second living area leading to a back deck on the second floor, and a loft on the third floor. Unit A has one bedroom and one bathroom. Unit B has two bedrooms and one bathroom. Unit C is an efficiency unit with one bathroom. Situated approximately two blocks from the Wildwood beach and boardwalk, the property is also near restaurants, nightlife, and seasonal attractions. The property has potential for vacation rental income, year-round tenants, or a combination of both after renovation. The property is sold as-is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.816783
    Latitude
    38.9867786

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property near Wildwood beach, ideal for renovation.
    Where is this quadplex located?
    The property is located at 208 E Spencer Ave Wildwood, NJ.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Prime location: Just a short, flat walk (2 blocks) to Wildwood beach, boardwalk, restaurants, and attractions.; - Four units offer strong income potential: Ideal for vacation rentals, year-round tenants, or a combination.; - Separate electric meters for each unit: Simplifies rental management and tenant billing.
    (609) 729-8840
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    208 E Spencer Ave Wildwood, NJ 08260
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    Wildwood, NJ 08260
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    Realmo Value Estimation

    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.

    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.

    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
    208 E Spencer Ave Wildwood, NJ 08260
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