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Two-Unit Duplex with Deck
New
For Sale
$800,000

206 W 15th Avenue, North Wildwood, NJ 08260

MULTI-FAMILY, North Wildwood, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market4

Property Features for 206 W 15th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R2
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Dining Room, Bedroom 4, Laundry Room, Bedroom 3
Parking features Driveway
Patio and Porch features Deck
Exterior features Deck, Fenced Yard, Storage Building, Cable TV, Outside Shower
Fencing Fenced
Lot features Inside Lot
Subdivision North Wildwood
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4145

Utilities

Heating system Forced Air, Zoned
Water source Public

Amenities

common-area laundry room

Building Details

Year built 1939
Number of units 2
Additional Structures Storage
Listing Agency: HOMESMART FIRST ADVANTAGE
Listed By: Alec Wolf · License #2078192
Added: Sep 17 Last Checked: Sep 20 at 4:06PM
MLS# 262649

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.

Investment Insights

Based on property information with market context.

This two-unit duplex at 206 W 15th Avenue includes a three-bedroom, one-bath residence on the first floor and a two-bedroom, one-bath residence above. The lower unit has an eat-in kitchen, while both units share a laundry room. Electric service is separately metered; gas and water are shared. Additional improvements include a deck, fenced yard, storage building, outside shower, driveway parking, public water, forced-air heating, and zoned heating controls.

Built in 1939 on 0.0689 acres, the property is located in North Wildwood, NJ, within Cape May County. The current owner uses the first-floor residence as a seasonal rental, while the second unit provides additional occupancy flexibility. R2 zoning and the two-residence layout support a range of residential ownership and use arrangements.

Key Highlights

  • Two‑unit duplex with a three‑bedroom first‑floor residence and two‑bedroom upper unit
  • 0.0689‑acre lot in North Wildwood, NJ
  • First‑floor unit currently operated as a seasonal rental

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store Tanning Salon Acupuncture

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

579
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences include shared laundry, independent electric metering, and flexible seasonal or year-round use.
Where is this duplex located?
The property is located at 206 W 15th Avenue North Wildwood, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom first‑floor residence and two‑bedroom upper unit; 0.0689‑acre lot in North Wildwood, NJ; First‑floor unit currently operated as a seasonal rental
More about this property
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