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Two-Unit Duplex with Harbor Views

503 W Burk Avenue, Wildwood, NJ 08260

For Sale
New
$649,000

MULTI-FAMILY, Wildwood, NJ

Property SizeContact for details
Days on Market4

Property Features for 503 W Burk Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 6, Laundry Room, Bedroom 4, Bedroom 1, Dining Room, Bathroom 1
Parking features Garage, Driveway
Security features Security
Patio and Porch features Deck
Exterior features Deck, Cable TV, Waterview, Security Camera
Lot features Water View
Subdivision Wildwood
Standard status Active

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8009

Utilities

Heating system Forced Air, Natural Gas
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 1985
Number of units 2
Buildings 1
Listing Agency: CHRIS HENDERSON REALTY
Listed By: Joseph Vallese
Added: Nov 11 Changed: Nov 13 Last Checked: Nov 14 at 12:06AM
MLS# 263229

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.

Rey
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Investment Insights

Based on property information with market context.

At 503 W Burk Avenue, this 1985 duplex contains two residences, each with 3 bedrooms and 1 full bathroom. Rear bedrooms in both units overlook Ottens Harbor. Gas and electric service are separately metered, and the property includes a deck, central air, forced-air natural gas heat, a garage, and a driveway. The building has been elevated for flood mitigation. Off-street parking accommodates approximately 4–5 vehicles.

The first-floor residence is occupied under a month-to-month tenancy; the second-floor unit is vacant. The property is close to Ottens Harbor, with local restaurants and shopping also nearby in Wildwood.

Key Highlights

  • Two units, each with 3 bedrooms and 1 full bathroom
  • Harbor views from rear bedrooms in both residences
  • Separate gas and electric meters for each unit

Property Analytics

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Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

867
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
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Market

Properties on Market for Duplexes in Cape May County

Jul
Aug
Sep
Oct

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?
Duplex - Two three-bedroom residences have separate gas and electric meters, with one currently leased month-to-month and the other vacant.
Where is this duplex located?
The property is located at 503 W Burk Avenue Wildwood, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 full bathroom; Harbor views from rear bedrooms in both residences; Separate gas and electric meters for each unit
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