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Vacant Four-Unit Multifamily Property
New
For Sale
$749,900

238-240 W Wildwood Avenue, Wildwood, NJ 08260

MULTI-FAMILY, Wildwood, NJ

Property SizeContact for details
Days on Market3

Property Features for 238-240 W Wildwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 9, Bedroom 10, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 8, Bathroom 4, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 6
Subdivision Wildwood
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7710

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Number of units 4
Listing Agency: HOF REALTY
Listed By: Francesco Pullella
Added: Sep 1 Last Checked: Sep 3 at 2:06PM
MLS# 262438

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 1920-built multifamily property contains four separate residential units, all currently vacant. The vacancy provides flexibility for a new owner to pursue leasing plans, renovation, or other permitted repositioning strategies. Existing systems include central air conditioning, forced-air heating, and public water service.

The property is located in Wildwood, near the community’s beaches, boardwalk, restaurants, shopping, and year-round attractions. Its four-unit configuration and current vacancy provide a straightforward starting point for an owner evaluating residential leasing or renovation plans.

Key Highlights

  • Four separate residential units
  • All four units are currently vacant
  • Built in 1920

Property Analytics

Current Use

Quadplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,397
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Central air, forced-air heating, and public water service support the existing residential configuration.
Where is this quadplex located?
The property is located at 238-240 W Wildwood Avenue Wildwood, NJ.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Four separate residential units; All four units are currently vacant; Built in 1920
More about this property
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