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    301-309 Ocean Ave, Unit 305 North Wildwood, NJ 08260

    For Sale
    $316,000

    Income-producing, renovated one-bedroom condo near the beach and boardwalk.

    Property size:
    401 SF

    Property Features for 301-309 Ocean Ave

    General Information

    Size
    401 SF

    Building Details

    Year built
    1977

    Source: Keller Williams Realty Jersey Shore Agent Jason Freedman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Condo Near North Wildwood Beach

    Located in the Harbor Lights Condominiums on Ocean Avenue in North Wildwood, this renovated one-bedroom condo is a short distance from the beach, bars, restaurants, the boardwalk, and the Seaport Pier. Unit 305, with a property size of 401 square feet, is move-in ready. The property is one block from both the Oceanside Beach and the Inlet Beach. This income-producing property is suitable for short-term rentals, multifamily use, or as a residential income property.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Clothing Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Wildwood
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.7889795
    Latitude
    39.001911

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    FAQs

    What type of property is this?
    Short term rental property - Income-producing, renovated one-bedroom condo near the beach and boardwalk.
    Where is this short term rental property located?
    The property is located at 301-309 Ocean Ave, Unit 305 North Wildwood, NJ.
    What is the asking price?
    The asking price for this property is $316,000.
    What are key features of this property?
    This property features: - Income-producing property at the beach.; - Tastefully renovated and move-in ready.; - Walking distance to the beach, bars, restaurants, boardwalk, and Seaport Pier.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301-309 Ocean Ave, Unit 305 North Wildwood, NJ 08260
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