Four-Unit Residential Income
WILDWOOD, NJ 08260 Wildwood, NJ 08260
Wildwood, NJ, 08260
$899,700
Pending
For Sale
$899,700
Pending
MULTI_FAMILY - WILDWOOD, NJ
Property Size3,000 SF
Days on Market47
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Standard status
- Pending
- Size
- 3,000 SF
Building Details
- Year built
- 1890
Listing Agency
BHHS Fox & Roach Washington-Gloucester Home Marketing Center
NJ
Listed by
Andrew Baus · License #1433687
(856) 904-5636
Added: Jun 2 Checked: Jul 18 at 12:06 pm
MLS# NJCM2007428
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, 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 four-unit residential income property includes an upstairs main unit with four bedrooms and two and a half baths, plus three one-bedroom rental units located underneath. The home is described as having extensive upgrades, including instant hot water and plumbing and electrical improvements, along with high-end woodworking, three floors of hand-laid hardwood floors, and custom tile baths.
The property sits on a large lot and offers off-street parking.
With its current four-unit configuration, the layout provides a mix of a larger owner-occupied style unit above and smaller rental units below.
The property sits on a large lot and offers off-street parking.
With its current four-unit configuration, the layout provides a mix of a larger owner-occupied style unit above and smaller rental units below.
Key Highlights
- Four‑unit property built in 1890 on a large lot with off‑street parking
- Owner/upper main unit: 4 bedrooms and 2.5 bathrooms with upgrades throughout
- Main unit features hand‑laid hardwood floors across three floors and custom tile baths
Local Financial Insights For Multifamily LT 5
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 | $66.6k | $22.20 |
| − Vacancy | −$3.2k | −$1.05 |
| EGI | $63.4k | $21.15 |
| − OpEx | −$19.0k | −$6.34 |
| NOI | $44.4k | $14.80 |
3,000 SF · lease $22.20/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$634.4K
$555.1K – $740.1K
NOI $44,406 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$583.1K
$510.2K – $680.3K
NOI $40,818 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$918.3K
$803.5K – $1.07M
NOI $64,282 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit property with off-street parking and three one-bedroom rental units below.
Where is this quadplex located?
The property is located at Wildwood, NJ.
What is the asking price?
The asking price for this property is $899,700.
What are key features of this property?
This property features: Four‑unit property built in 1890 on a large lot with off‑street parking; Owner/upper main unit: 4 bedrooms and 2.5 bathrooms with upgrades throughout; Main unit features hand‑laid hardwood floors across three floors and custom tile baths
