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Six-Unit Furnished Apartment Property
New
For Sale
$1,300,000

238 E Leaming Avenue, Wildwood, NJ 08260

MULTI-FAMILY, Wildwood, NJ

Property SizeContact for details
Days on Market2

Property Features for 238 E Leaming Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 1, Bedroom 9, Dining Room, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 12, Bathroom 3, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 6, Bedroom 10, Bedroom 3, Bedroom 11, Bedroom 6, Bedroom 8
Subdivision Wildwood
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10082

Utilities

Heating system Electric (Heating), Baseboard

Amenities

private patio area
common courtyard

Building Details

Year built 1920
Number of units 6
Listing Agency: COASTLINE REALTY, LLC
Listed By: Bojidar 'Bob' Dimitrov · License #0447213
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 2 at 5:06PM
MLS# 262448

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 multifamily property comprises 6 apartments arranged across 2 buildings. The front building contains 4 units, including 2 upper-level apartments with ocean views and 2 lower-level apartments. Each apartment is configured with 2 bedrooms and 1 full bathroom, and the units convey fully furnished. A private patio and shared courtyard provide outdoor areas between the buildings.

Built in 1920, the property is located on E Leaming Avenue in Wildwood, within a couple blocks of the Wildwood beaches and boardwalk. Heating is provided by electric baseboard systems. The combination of six furnished apartments, two separate structures, outdoor common areas, and proximity to the beachfront district defines the property’s physical and operating profile.

Key Highlights

  • 6‑unit complex configured in 2 buildings
  • Front building includes 4 apartments, with 2 upper‑level units offering ocean views
  • All apartments have 2 bedrooms and 1 full bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,450
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?
Apartment building - Two buildings share a private patio and common courtyard near Wildwood beaches and boardwalk.
Where is this apartment building located?
The property is located at 238 E Leaming Avenue Wildwood, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6‑unit complex configured in 2 buildings; Front building includes 4 apartments, with 2 upper‑level units offering ocean views; All apartments have 2 bedrooms and 1 full bathroom
More about this property
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