401 Montgomery Ave Wildwood, NJ 08260
Property profile & analytics
401 Montgomery Ave Wildwood, NJ 08260
- Parking lots & garages
- 0.46 lot acres
Property ID
US59-1201308
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Parking lots & garages
Property Details for 401 Montgomery Ave
- Lot size
- 0.46 lot acres
- Zone code
- TE
- Property type
- Parking lots & garages
- APN
- 14 00109-0000-00001
- APU
- 1400109000000001
Description
Prime Wildwood, NJ location presents a unique investment opportunity encompassing two distinct properties: a beachfront boardwalk retail complex and a substantial parking lot. The retail complex features four fully leased storefronts totaling 8,400 square feet, complemented by three residential units (two efficiencies and one one-bedroom, one-bathroom apartment). Conveniently located within 1,000 feet of the Wildwood Convention Center, this property also includes public showers and lockers, along with garage and utility storage. The expansive 20,000-square-foot parking lot provides ample parking for 91 vehicles. This exceptional offering presents a compelling opportunity for an owner-user or a developer seeking to capitalize on the high-demand beachfront location. The property's current configuration, with its fully leased retail space and residential units, generates immediate income, while its prime location and substantial size offer significant potential for future development, such as a luxury hotel with integrated retail. The asking price is $8,500,000. The combined lot size is 28,400 square feet. Showings are by appointment only.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.8166
- Latitude
- 38.9831
- CBSA code
- 36140
- CBSA name
- OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$32,952
$1,050,000
$26,500
$1,076,500
-
$1,050,000
$26,500
$1,076,500
