Property summary
This exceptional investment opportunity presents a unique chance to acquire a multi-family compound situated on over half an acre of bayfront property in the desirable Grassy Sound Meadows community of North Wildwood, New Jersey. The property boasts three buildings, including a large two-bedroom, 1.5-bathroom home featuring a family room, living room, dining room, and kitchen, offering ample space for expansion. A second two-bedroom, one-bathroom chalet-style home provides additional living space, with the second bedroom and ensuite bathroom located upstairs, offering stunning bay views. The property also includes a private beach and boat house. Built in 1888 and renovated in 1990, the 2,452 square foot property sits on a 29,040 square foot lot, zoned for multi-family use. The property's location on the intercoastal waterway provides easy access to the ocean. This fee-simple ownership offers diverse potential uses, including year-round living, summer rentals, short-term vacation rentals, or even subdivision or condo conversion. The property's history of family ownership for over 50 years speaks to its enduring appeal and potential for continued success. This is a rare opportunity to own a significant piece of prime New Jersey coastal real estate. The asking price is $999,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.