Boardwalk Mixed-Use Investment
4314-20 Boardwalk Wildwood, NJ 08260
4314-20 Boardwalk, Wildwood, NJ, 08260
$7,500,000
For Sale
$7,500,000
COMMERCIAL - Wildwood, NJ
Property Size28,000 SF
Price / SF$267.86
Days on Market271
Property Features for 4314-20 Boardwalk
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- BRZ
- Standard status
- Active
- Size
- 28,000 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 91184
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water front
- 1
Building Details
- Number of units
- 4
Listing agency
KELLER WILLIAMS REALTY JERSEY SHORE wc
(609) 729-2100
Listed by
Paul F. Chiolo · License #8742328
(609) 780-0465
Added: Oct 24, 2025 Updated: May 21 at 3:18PM Checked: Jul 21 at 9:06AM
MLS# 253175
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 mixed-use property is located directly on the Wildwood Boardwalk, approximately 1,000 feet from the Convention Center. The property includes four fully-leased Boardwalk retail stores totaling approximately 8,400 sq. ft., providing income. There are also three apartments, including two efficiencies and one 2-bed/1-bath unit, offering additional year-round rental income. The property features public showers, lockers, a garage, and utility storage areas. A 20,000 sq. ft. parking lot with 91 spaces is included. The property presents opportunities for investors and developers to continue as a high-yield income property or redevelop into a beachfront hotel or mixed-use resort. The property spans over 28,000 sq. ft. of combined improvements and parking.
Key Highlights
- Unrivaled beachfront location directly on the Wildwood Boardwalk, near the Convention Center
- Significant income potential from four fully‑leased retail stores and three apartments
- Large 20,000 sq. ft. parking lot with 91 spaces
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $504.0k | $18.00 |
| − Vacancy | −$40.3k | −$1.44 |
| EGI | $463.7k | $16.56 |
| − OpEx | −$139.1k | −$4.97 |
| NOI | $324.6k | $11.59 |
28,000 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.64M
$4.06M – $5.41M
NOI $324,576 @ 7.0% cap · market cap 4.33%
Second Best
Mixed Use
$3.59M
$3.14M – $4.19M
NOI $251,160 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$8.57M
$7.50M – $10.00M
NOI $599,962 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Rare beachfront property with retail, apartments, parking, and redevelopment potential.
Where is this mixed-use property located?
The property is located at 4314-20 Boardwalk Wildwood, NJ.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Unrivaled beachfront location directly on the Wildwood Boardwalk, near the Convention Center; Significant income potential from four fully‑leased retail stores and three apartments; Large 20,000 sq. ft. parking lot with 91 spaces
