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33 Boardwalk Middle Township, NJ 08210

OFF-MARKET Residential income homes Google Maps
2,452 SF Built 1888
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Residential income homes
Year built 1888
Total area 2,452 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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