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9-Unit Apartment Condo Portfolio
For Sale
$2,295,000

217-221 E Burk Ave, Wildwood, NJ 08260

MULTI_FAMILY - Wildwood, NJ

Property SizeContact for details
Days on Market125

Property Features for 217-221 E Burk Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM
Bedrooms 17
Rooms Bedroom 11, Bedroom 14, Bedroom 9, Bedroom 17, Bedroom 13, Bedroom 15, Bedroom 4, Bedroom 12, Bedroom 8, Bedroom 16, Bedroom 10, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 7
Directions Rt 47 E into Wildwood, left on Pacific Ave, N 6 blocks to Burk Ave, right on E Burk, left side.
Subdivision Wildwood City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 31149

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1960
Number of units 9
Listing Agency: Prime Realty Partners
Listed By: John Rinick · License #1865546
Added: Apr 7 Changed: Aug 4 Last Checked: Aug 9 at 11:06PM
MLS# 606453

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9-unit apartment condominium portfolio includes nine individually deeded condo units. The unit mix consists of eight 2-bedroom, 1-bath units and one rear cottage with 1 bedroom and 1 bath. All units are currently operating as short-term summer rentals and continue to take reservations.

The property and an additional lot have been positioned for both current use and future opportunities. The extra lot is currently utilized as parking for tenants and is large enough to accommodate the construction of one or two homes. The entire property has undergone extensive renovations within the past year and a half, including full rehab, condo conversion, and an elevation certificate.

The building was constructed in 1960 and is served by public water and public sewer, with electric heating. The location is near the beach, boardwalk, and Convention Center, and the property is zoned RM.

Key Highlights

  • Nine individually deeded condo units: eight 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath rear cottage
  • Extensive renovations completed within the past 1.5 years, including full rehab and condo conversion
  • All units operating as short‑term summer rentals and continuing to take reservations

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Garden Center Pet Grooming Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

1,807
Businesses Nearby

Demographics for 08260, NJ

12,964
Population
23,076
Households
0.6
Avg Household Size
53
Median Age
28%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
815
Density / Sq Mi
$71,549
Median Household Income
$40,361
Median Earnings
$1,182
Median Rent
$441,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine individually deeded condo units operate as short-term summer rentals, including eight two-bedroom units and one rear cottage.
Where is this apartment building located?
The property is located at 217-221 E Burk Ave Wildwood, NJ.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Nine individually deeded condo units: eight 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath rear cottage; Extensive renovations completed within the past 1.5 years, including full rehab and condo conversion; All units operating as short‑term summer rentals and continuing to take reservations
More about this property
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