Renovated Multifamily Property in
115-117 W Poplar Avenue, Wildwood, NJ 08260
New
- Added:
- May 26, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 1 at 9:06 am
Property Features for 115-117 W Poplar Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- R1
- Bedrooms
- 10
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 10, Dining Room, Bathroom 6, Bedroom 1, Bedroom 9, Den, Bedroom 4, Bathroom 5, Bedroom 8, Bathroom 4, Bathroom 7, Bedroom 7, Laundry Room, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6
- Parking features
- Driveway, Assigned
- Patio and Porch features
- Porch, Deck, Patio
- Exterior features
- Patio, Deck, Enclosed/Cov. Patio, Porch, Fenced Yard, Outside Shower
- Fencing
- Fenced
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9779
Utilities
- Heating system
- Electric (Heating), Natural Gas, Other (Heating), Zoned
- Cooling system
- Ceiling Fan(s), Electric
Building Details
- Year built
- 1938
- Number of units
- 7
Listing agent Andrew Baus License #1433687 (856) 904-5636
Listing office BERKSHIRE HATHAWAY HS FOX & ROACH sic 4015 Landis Avenue, NJ (609) 263-2227
Listing date May 26, 2026
MLS# 261430
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.
HighLights
- Fully renovated 7‑unit multifamily property in Wildwood.
- New roofs on both buildings, minimizing immediate capital expenses.
- Strong mix of rental options: five 1‑bedroom, one 3‑bedroom, and one 2‑bedroom unit.
- Value‑add opportunity to increase rental income through cosmetic interior updates.
- On‑site laundry provides tenant convenience and additional income.
- Located in a high‑demand shore market with strong rental activity and long‑term appreciation potential.
Overview
This is a rare opportunity to acquire a fully renovated 7-unit multifamily property across two separate buildings in the heart of Wildwood, New Jersey. The property, zoned R1, includes five 1-bedroom apartments, one 3-bedroom unit, and one 2-bedroom unit with a screened-in porch, providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. There is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. It is ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.811707
- Latitude
- 38.994297
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully renovated 7-unit multifamily property in the heart of Wildwood.
Where is this apartment building located?
The property is located at 115-117 W Poplar Avenue Wildwood, NJ.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Fully renovated 7‑unit multifamily property in Wildwood.; New roofs on both buildings, minimizing immediate capital expenses.; Strong mix of rental options: five 1‑bedroom, one 3‑bedroom, and one 2‑bedroom unit.
