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sales rep | Brivity IDX

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500 W Glenwood Ave , Wildwood, NJ 08260
$949,000
Est. Payment: $5,124.61/mo
8 Bed
4 Bath
3828 Sqft
0.11 Acres
Status: active | Days on site: 1
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SNJLLC2 - 3293518
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House Description

INVESTMENT & DEVELOPMENT OPPORTUNITY IN WILDWOOD! Located just steps from the bay, 500 W. Glenwood Avenue offers more than 3,800 sq. ft. of living space and tremendous potential for investors, developers, and builders. Currently configured as a triplex, the property features three spacious units: a 3-bedroom/2-full-bath apartment, a 3-bedroom/1-bath apartment, and a 2-bedroom/1-bath apartment. The property has been operated as a rental investment, generating approximately $70,000 in combined annual rental income. With its desirable Wildwood location near the bay, this property offers multiple possibilities for the next owner. Renovate and reposition the existing units as an income-producing rental property, explore the potential for condominium conversion, or redevelop the site with new construction. The property will be delivered vacant and sold strictly AS-IS, giving the new owner the flexibility to begin renovations or redevelopment without existing tenant occupancy. A rare opportunity to acquire a large multi-unit property in Wildwood with existing income history, more than 3,800 sq. ft. of living area, and significant value-add and redevelopment potential. Ideal for the investor or builder looking to capitalize on one of the Jersey Shore’s most popular destinations. Buyer responsible for conducting all due diligence regarding permitted uses, zoning, condominium conversion, redevelopment, and new construction possibilities with the appropriate municipal authorities.

Highlights

Listed by Thomas Marinelli , 7326167151 SERHANT. New Jersey LLC , 6094942800. Bright MLS

Property Type

Residential

Lot/Acreage
0.11

Year Built

1960

County

Cape May

Area

West Wildwood Boro (20513)

Neighborhood

West Wildwood

School District

Wildwood City Schools

Listing ID

NJCM2008394

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Built-In Microwave, Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Air Cond:Central A/C,Window Unit(s)
Fireplaces:
Above Ground Sq Ft:3828
Other:
  • ▪ Main Floor Bedrooms:5
  • ▪ Additional:Attic, Bathroom - Tub Shower, Ceiling Fan(s), No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Corner,Not New Construction,Horse Property: No
Lot Dimensions:56 x 86
Garage Capacity:3
Zoning:T-C
Sewer:Public Sewer
Parking Features:Paved Driveway,Driveway,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$5,125
Taxes
$721

Home Price

$949,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$189,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,124.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,124.61 $721.42 $0.00 $5,846.03
Yearly $61,495.33 $8,657.00 $0.00 $70,152.33
Total $1,844,859.90 $259,710.00 $0.00 $2,104,569.90
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Wildwood, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T13:14:08.000Z

© 2026 Bright MLS