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Two-Unit Duplex with Flexible Layout
New
For Sale
$975,000

407 W Spruce Avenue, North Wildwood, NJ 08260

MULTI-FAMILY, North Wildwood, NJ

Property SizeContact for details
Lot Size0.10 Acres
Days on Market3

Property Features for 407 W Spruce Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R2
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 4, Bathroom 4, Dining Room, Family Room, Bathroom 1, Bedroom 3, Bathroom 2, Laundry Room, Bedroom 2, Den, Bedroom 1, Bedroom 5
Parking features Garage, Driveway
Patio and Porch features Deck, Porch, Patio
Exterior features Patio, Deck, Enclosed/Cov. Patio, Porch, Fenced Yard
Fencing Fenced
Lot features Inside Lot
Subdivision North Wildwood
Standard status Active
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7291

Utilities

Heating system Baseboard
Cooling system Multi Units, Central Air, Zoned

Amenities

fireplace
deck
garage
fenced backyard

Building Details

Year built 1905
Number of units 2
Listing Agency: COMPASS RE - Avalon Dune
Listed By: Sean Richard Eccleston
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 11 at 12:06PM
MLS# 262545

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.

Investment Insights

Based on property information with market context.

This two-unit duplex at 407 W Spruce Avenue includes a primary residence arranged over two levels and a separate second-floor apartment. The main unit provides 3 bedrooms and 3 full bathrooms, with living, kitchen, dining, den, and family-room areas. Its kitchen and dining space connect to a rear deck, while the upper level opens to another deck. The apartment has 2 bedrooms, a full bathroom, a family room, and its own kitchen and dining area. Access from both the rear deck and an interior door allows the building to function as separate residences or as a single larger home.

The property occupies a 45' x 100' lot across from the Bay, two blocks from the seawall and ocean, and a five-minute walk from North Wildwood restaurants and bars. Exterior features include a fenced backyard, porch, patio, and multiple decks. A garage offers storage space, and the driveway accommodates two cars. Heating is provided by baseboard systems, with central air and zoned cooling.

Key Highlights

  • Two‑unit duplex with a 3‑bedroom, 3‑bathroom main residence and a 2‑bedroom, 1‑bathroom apartment
  • 45' x 100' lot with a fenced backyard, porch, patio, and multiple decks
  • Second‑floor apartment has rear‑deck access plus an interior connection to the main residence

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

211
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - R2-zoned property with separate living areas, outdoor decks, a garage, and a fenced backyard.
Where is this duplex located?
The property is located at 407 W Spruce Avenue North Wildwood, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3‑bedroom, 3‑bathroom main residence and a 2‑bedroom, 1‑bathroom apartment; 45' x 100' lot with a fenced backyard, porch, patio, and multiple decks; Second‑floor apartment has rear‑deck access plus an interior connection to the main residence
More about this property
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