# 2910 Ocean Avenue, Wildwood, NJ 08260

> **TL;DR:** 14bd/11ba residential multi family, $1,369,000, built 1938. Est. $5,932/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,369,000 |
| Bedrooms | 14 |
| Bathrooms | 11 full |
| Year Built | 1938 |
| Lot Size | 5,401 sqft (0.12 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,932 |
| **Total** | **$5,932** |

## Property Highlights

- Built in 1938
- 0.12 acre lot

## Description

### Agent Description
Exceptional workforce housing investment opportunity just one block from the beach and boardwalk in one of the Jersey Shore's most in-demand seasonal employment markets. This 14-bedroom, 11-bath property is fully configured for J1 and seasonal employee housing, offering strong existing cash flow with additional upside potential. The property currently accommodates 42 beds across multiple bunk-style rooms, with the ability to expand to 48 beds to further increase revenue. Designed for efficient high-occupancy operation, the property features secure keypad room entry, a spacious common kitchen and dining area, and a highly functional bathroom layout. The second floor includes 8 private shower stalls and 8 private toilet stalls, while the first floor offers two full bathrooms, plus an additional full bathroom within the 2-bedroom apartment. Current operations generate approximately $139,200 in gross annual income, reflecting a 7.09% cap rate based on current operations. Income is derived from seasonal workforce housing revenue averaging approximately $175 per bed, per week, over a 16-week season, in addition to rental income from the 2-bedroom, 1-bath apartment, which is currently rented for $1,800 per month. Situated on a 60x90 corner lot, the property also features 14 off-street parking spaces and large front porches on both levels, adding to the property's functionality and appeal for tenants. An outstanding opportunity for investors, operators, or employers seeking a proven income-producing asset with expansion potential in a prime shore location.

## Location

- **Address:** 2910 Ocean Avenue, Wildwood, NJ 08260
- **County:** Cape May County
- **Coordinates:** 38.989786, -74.807808
- **Google Maps:** https://www.google.com/maps?q=38.989786,-74.807808

## Listing Agent

- **Name:** Richard Martin
- **Brokerage:** DON MARTIN REALTY, INC
- **Phone:** 6092317418
- **Email:** rich@donmartinrealty.com

## Primary Photo

![2910 Ocean Avenue - Primary Photo](http://lh.rdcpix.com/71ddbb94a05cbbd3831384a1b8e5847cl-f3151096217r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/2910-ocean-avenue-wildwood-nj-08260-j261237)*

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**MLS#:** 261237 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2910-ocean-avenue-wildwood-nj-08260-j261237)

---

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