4205 Pacific Ave Ste 1 Wildwood, NJ 08260-4673
Residential Multifamily (RM). Purpose. The Residential Multi-Family (RM) Zoning District provides for single-family detached and semi-detached dwellings in buildings containing up to three attached units. Permitted Uses. Single-family detached dwelling units. Single-family semi-detached dwelling units. Two-family (duplex) dwelling units. Multi-family dwellin…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RM · Wildwood, NJResidential Multifamily (RM). Purpose. The Residential Multi-Family (RM) Zoning District provides for single-family detached and semi-detached dwellings in buildings containing up to three attached units. Permitted Uses. Single-family detached dwelling units. Single-family semi-detached dwelling units. Two-family (duplex) dwelling units. Multi-family dwellings with not more than three units per building designed to resemble townhouses. Community residences for the developmentally disabled, community shelters for victims of domestic violence, community residences for the terminally ill and community residences for persons with head injuries and all other entities which may in the future be set forth in N.J.S.A. 40:55D-66.1 and N.J.S.A. 40:55D-66.2. The requirements for those residences shall be the same as for single-family residences within this zone. Municipal buildings and uses. Public playgrounds, public conservation areas, public parks, public open space and public purpose uses. Conditional Uses. Multifamily dwellings subject to the provisions of § 17-501B12. Bed & breakfasts. Places of worship. Public and private day schools of elementary and/or high school grade licensed by the State of New Jersey. Wireless telecommunications towers, antennas, and facilities, subject to the provisions of § 17-507 . Accessory Buildings and Uses. Accessory apartment units within detached single-family dwellings, subject to § 17-503 and the bulk requirements below and herein. Energy conservation devices in side and rear yards only, subject to the provisions of § 17-511 . Home occupations, subject to the definitions and requirements of § 17-201 herein. Off-street parking and private garages subject to the provisions of § 17-608 . Where § 17-608 does not contain standards for a specific use, such use is subject to New Jersey Residential Site Improvement Standards (RSIS) (N.J.S.A. 5:21-1 et seq.) or as directed by the Planning Board during site plan review. Parking of trailered/blocked boats and campers/motorhomes in side and rear yards only. Such boats or campers/motorhomes shall be owned by the resident of the subject lot. Further, such boats or campers/motorhomes shall not be used for temporary or permanent living quarters. Private residential swimming pools in rear yards only (subject to the provisions of § 17-509 ). Private residential storage sheds for the storage of objects owned the residents of the property only. Such sheds shall be located in side and rear yards only. Satellite Dish antenna, subject to the provisions of § 17-510 .
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.