501-505 New York North Wildwood, NJ 08260
Commercial/Industrial - North Wildwood, NJ
- Added:
- May 1, 2025
- Days on Market:
- 340
- Last Refresh:
- Apr 5 at 3:06 pm
Property Features for 501-505 New York
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R-2
- Interior features
- Elevator Pass, Living Space Available
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 28155
Utilities
- Heating system
- Electric (Heating), Natural Gas
- Cooling system
- Central Air, Wall Unit(s)
Building Details
- Building materials
- Frame
- Architectural style
- Other
Listing agent Paul F. Chiolo License #8742328 (609) 780-0465
Listing office KELLER WILLIAMS REALTY JERSEY SHORE wc 5501 New Jersey Ave, Ocean City, NJ (609) 522-3322
Listing date May 1, 2025
MLS# 251285
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.
Overview
Full Block Investment Opportunity
This expansive property, situated in a prime North Wildwood location, spans an entire city block, encompassing approximately 25,000 square feet. The property includes 505 New York Avenue, which features 9 rental units: one five-bedroom unit, one three-bedroom unit, four two-bedroom units, and three one-bedroom units. Eight of these nine units are currently rented year-round, generating a steady income stream. Additionally, the offering includes 501 New York Avenue, a well-maintained duplex containing two spacious three-bedroom units. The property boasts 200 feet of frontage on New York Avenue, 150 feet along 6th Street, and 100 feet on 5th Street. This property is zoned R-2 and presents a unique opportunity for investors seeking immediate cash flow or developers envisioning a transformative project.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- North Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.7978894
- Latitude
- 39.0064222
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Rare full-block property with immediate income potential in North Wildwood.
Where is this apartment building located?
The property is located at 501-505 New York North Wildwood, NJ.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: Full city block property (approximately 25,000 sq ft) in a prime North Wildwood location.; Significant income potential with 9 rental units at 505 New York Avenue, 8 of which are currently rented year‑round.; Includes a well‑maintained duplex at 501 New York Avenue with two spacious three‑bedroom units.
