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About This Home

This 0-bedroom, 0-bathroom other at 120 E SCHELLENGER Avenue in Wildwood, NJ is listed for $1,200,000. Built in 1960, on a 0.09 acres lot.

Agent Description

Exceptional Income-Producing Opportunity in the Heart of Wildwood! Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore's most desirable locations.

Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals.

The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. The seller currently nets approximately $130,000 per season, demonstrating the property's exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies.

Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you're looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.

Key Features

  • Built in 1960
  • 0.09 acre lot
  • 20 parking spaces

Property Details

20 spaces
1960

Amenities

A/C

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

120 E SCHELLENGER Avenue

Wildwood, NJ 08260

WILDWOOD CITY

Property Details

Construction

Frame Vinyl Siding

Parking

On StreetAssigned

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom other at 120 E SCHELLENGER Avenue is listed at $1,200,000. The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.09 acre lot, 20 parking spaces.

This property is listed by Thomas P. Duffy and can be reached at 8562183400 or tomduffy@erols.com.

TD

Thomas P. Duffy

Agent at Keller Williams Realty - Washington Township

(856) 218-3400

Listed by Keller Williams Realty - Washington Township

MLS# NJCM2006732· Source: listhub· Updated 111 days ago

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120 E SCHELLENGER Avenue, Wildwood, NJ 08260

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