Address
209 E Spencer Avenue, Wildwood, NJ
Price
$ 1,189,999
Property Attributes
- MLS#NJCM2002496
- TypeContingent
- CountyCAPE MAY
- CityWildwood
- AreaWildwood City
- Zip08260
- StyleApartment Building
- Year Built1920
- Taxes$ 11438
- Price$ 1,189,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5704
- Lot Size3,920 SqFt
Data Source:
Bright MLS
Property Description
Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly teNewBuilding New price! This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms.There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, TV's, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go!
| Price History | |
|---|---|
| 8/28/2023 | Listed $1,350,000 |
| 9/19/2023 | 8% - $1,250,000 |
| 12/14/2023 | 5% - $1,199,000 |
| 1/19/2024 | 1% - $1,189,999 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Window Unit(s) |
| Possession | Settlement |
| Roof | Shingle |
| Zoning | RESIDENTIAL |
| Construction Materials | Wood Siding |
| Year Built | 1920 |
| Property SubType | Five Or More Units |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building |
| Accessibility | None |
| County | CAPE MAY |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE UNDER CONTRACT |
| Directions | From Route 47 into Wildwood make left onto Pacific to Spencer. Right onto Spencer PIQ on left |
| ModificationTimestamp | 2024-02-17T06:58:28 |
| City | WILDWOOD |
| Buyer Agent Compensation | 3 |
| MLS Area | Wildwood City (20514) |
| Lot Size Square Feet | 4000.00 |
| Tax Assessed Value | 374400.0 |
| Waterfront Y/N | No |
| Street Name | SPENCER |
| Tax Annual Amount | 11438.0 |
| Property Condition | Good,Very Good |
| Price Per Sq Ft | 208.63 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Days on Market | 174 |
| Standard Status | Active Under Contract |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Carpet,Ceramic Tile |
| Hot Water | Instant Hot Water |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 5704.00 |
| Lot Dimensions | 40.00 x 100.00 |
| Lot Size Acres | 0.09 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 08260
Price
Taxes
Visits
Year Built
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