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4-Unit Multifamily Property
For Sale
$750,000

206 E Glenwood Avenue, Wildwood, NJ 08260

MULTI-FAMILY, Wildwood, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market13

Property Features for 206 E Glenwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 12
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bedroom 11, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 2, Kitchen, Bedroom 10, Bedroom 12, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 4
Patio and Porch features Deck
Exterior features Deck, Waterview
Subdivision Wildwood
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7142

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1920
Number of units 4
Listing Agency: eXp REALTY
Listed By: Nicole Klein · License #RS301679
Added: Oct 5 Changed: Oct 13 Last Checked: Oct 17 at 10:06PM
MLS# 262856

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.

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Investment Insights

Based on property information with market context.

The 1920 property contains four residential units: a first-floor 2-bedroom, 1-bathroom unit, a second-floor 3-bedroom, 1-bathroom unit, a third-floor 5-bedroom, 1-bathroom unit, and a detached 2-bedroom, 1-bathroom cottage. One unit has been updated. Condominium approval is in place, and the master deed is complete. The property has R2 zoning and occupies a 0.0723-acre lot.

Separate gas, electric, and water meters are reported for each unit. The property is two blocks from the Wildwood beaches and boardwalk. Exterior features include a deck and a water view.

Key Highlights

  • Four residential units, including a detached cottage
  • Unit mix: 2BR/1BA, 3BR/1BA, 5BR/1BA, and 2BR/1BA
  • Condominium approval in place; master deed completed

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service Locksmith (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,721
Businesses Nearby

Demographics for 08260, NJ

12,964
Population
23,076
Households
0.6
Avg Household Size
53
Median Age
28%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
815
Density / Sq Mi
$71,549
Median Household Income
$40,361
Median Earnings
$1,182
Median Rent
$441,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four residential units include a detached cottage, with condominium approval in place and a completed master deed.
Where is this multifamily property located?
The property is located at 206 E Glenwood Avenue Wildwood, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four residential units, including a detached cottage; Unit mix: 2BR/1BA, 3BR/1BA, 5BR/1BA, and 2BR/1BA; Condominium approval in place; master deed completed
More about this property
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