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    The Largest CRE Database in the US with Over 1 Million Listings

    6101 Atlantic Ave Wildwood Crest, NJ 08260

    Sponsored
    For Sale
    $6,999,900

    Motel - Wildwood Crest, NJ

    Days on Market:
    127
    Last Refresh:
    Feb 20 at 2:06 am

    Property Features for 6101 Atlantic Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm, Fire Sprinkler System
    Zoning
    M1-C
    Parking features
    Paved or Surfaced
    Interior features
    Fire Sprinkler System, Living Space Available, Smoke/Fire Alarm, Storage
    Exterior features
    Swimming Pool, Storage Building, Recreation Facilities, Fence
    Fencing
    Fenced

    Utilities

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

    Building Details

    Floors in Building
    3
    Number of units
    48
    Flooring type
    Carpet, Carpet - Full
    Building materials
    Block, Concrete
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Fredric (Fred) M. DiAntonio

    Shore Points Realty (609) 522-2286

    Listing agent Fredric (Fred) M. DiAntonio, CCIM, CNE, GRI (609) 522-2286 License #9702848

    Listing date Oct 17, 2025

    MLS# 253090 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.

    Learn more

    Property Insight Report

    Overview

    Wildwood Crest Motel For Sale

    The Yankee Clipper Motel, located in Wildwood Crest, features 48 units, plus 7 additional interior units and owner's quarters. The motel includes a pool, office, and golf course. The unit mix comprises 22 two-room efficiencies, 19 two-room suites, and 8 motel rooms, some with kitchens. The 7 interior units are located by the front office. The property is situated a 2-minute walk from Wildwood Crest Beach. Off-street parking is available for approximately 50 cars. Motel amenities include an outdoor swimming pool, free private parking, and barbecue facilities. Recent upgrades include flooring and bathroom sinks. Certain rooms at the property include a balcony with a sea view. The property is zoned M1-C.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yankee Clipper Resort ... Hotel & Motel CLIPPER DIPPER Grocery & Convenience Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    El Coronado Resort, Granada Ocean Resort, Villa Nova Resort Motel, Blue Water Motel, Commander-By-The-Sea-Motel

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood Crest
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.8295421
    Latitude
    38.975216

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    FAQs

    What type of property is this?
    Motel - 48-unit motel with pool, near Wildwood Crest Beach.
    Where is this motel located?
    The property is located at 6101 Atlantic Ave Wildwood Crest, NJ.
    What is the asking price?
    The asking price for this property is $6,999,900.
    What are key features of this property?
    This property features: - Prime location: A 2-minute walk to Wildwood Crest Beach.; - Substantial unit count: 48 units plus 7 interior units and owner's quarters.; - Diverse unit types: Includes efficiencies, suites, and motel rooms, some with kitchens.
    (609) 780-5355
    Request Owner's contact information
    6101 Atlantic Ave Wildwood Crest, NJ 08260
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    Wildwood Crest, NJ 08260
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6101 Atlantic Ave Wildwood Crest, NJ 08260
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    We can help!
    Listing Contact
    Fredric (Fred) M. DiAntonio
    Real Estate License ID: 9702848
    (609) 780-5355 (609) 522-2286
    Learn more
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