Property Attributes
- MLS#NJCM2002774
- TypeMulti-Family
- CountyCAPE MAY
- CityWildwood
- AreaLower Twp
- Zip08260
- StyleCottage,Bungalow,Dwelling with Rental,Dwelling w/S
- Year Built1920
- Taxes$ 2092
- Price$ 599,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Nestled in a coveted SHAWCREST neighborhood, this recently renovated duplex property stands as a testament to modern luxury and impeccable design. With meticulous attention to detail, the home has undergone a comprehensive renovation, transforming it into a stunning masterpiece of Jersey shore living. Shawcrest provides a serene family-friendly environment popular for year-round residents and vacationers alike. It offers a more relaxed and quieter atmosphere compared to some of the busier sections of Wildwood while also being conveniently located to the vibrant attractions; The Wildwood Boardwalk, beaches, amusement parks, shops and restaurants all just a short drive away. The property's dual nature as both a residence and a short-term rental unit presents an opportunity for a steady stream of rental income. Owners can live in one unit and rent out the other on platforms like Airbnb or VRBO, taking advantage of the booming short-term rental market. This property is currently generating income using Airbnb and has bookings already into the new year. (can transfer with sale or be cancelled if needed)
Price History | |
---|---|
11/1/2023 | Listed $599,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Heat Pump(s) |
Cooling | Ductless/Mini-Split |
Possession | 0-30 Days CD |
Zoning | RESIDENTIAL |
Pool Y/N | No Pool |
Architectural Style | Cottage,Bungalow,Dwelling with Rental,Dwelling w/Separate Living Area |
Construction Materials | Frame,Mixed,Stick Built,Wood Siding |
Exclusions | personal property however furniture negotiable |
Year Built | 1920 |
Property SubType | Duplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | Other |
County | CAPE MAY |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Total Rooms | 9 |
Status | ACTIVE |
Directions | Rt 47 (Wildwood Blvd) to W. Rio Grande Ave |
ModificationTimestamp | 2024-03-23T09:48:18 |
City | WILDWOOD |
Buyer Agent Compensation | 2 |
Disclosures | Flood Insurance Required,Flood Zone |
Total Units | 2 |
MLS Area | Lower Twp (20505) |
Lot Size Square Feet | 1250.00 |
Tax Assessed Value | 104400.0 |
Waterfront Y/N | No |
Street Name | BOARDWALK |
Tax Annual Amount | 2092.17 |
Home Warranty Y/N | No |
Two Bedroom | 1 |
Structure Type | Detached |
One Bedroom Units Count | 1 |
Price Per Sq Ft | 819.43 |
Acceptable Financing | Cash,Conventional,FHLMC,FMHA,Other |
Historic Y/N | No |
Rent Control Y/N | No |
Vacation Rental Y/N | No |
Total SQFT | 731 |
Days on Market | 182 |
Lease Type | None |
Standard Status | Active |
Year Built Source | Assessor |
Tax Lot | 00017 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Electric |
---|---|
Hot Water | Electric |
Furnished Units | None |
Heating Y/N | Yes |
Fireplace Y/N | No |
Central Air Y/N | No |
LivingAreaSource | Assessor |
Exterior Features
Water Source | Public |
---|---|
Inclusions | all permanent fixtures and appliances. Furniture negotiable |
Type of Parking | On Street |
Foundation Details | Pilings |
Spa | No |
Water View Y/N | No |
Lot Dimensions | 25.00 x 50.00 |
Lot Size Acres | 0.03 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 88700.00 |
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