Description

Fabulous corner property boasts a 100 x 103 lot. There are 2 buildings with a total of 9 apartments (16 bedrooms). The house in front is a 4Plex, the rear one-story building has 5 units. For a total of (1) 3 BR 2BA, (5) 2 BR 1BA, (3) 1BR 1BA. Fully Rented with Leases and long term tenants. Rents are current, CAP rate 6.9%. Some rents are below market value leaving room for a higher rent roll. Located 4 blocks to the beautiful Wildwood Beach, Boardwalk and Convention Center. Don't miss this one, it's a great catch!

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Amenities

  • Patio   
  • Porch   
  • Fenced Yard   
  • Living Room   
  • Dining Room   
  • Kitchen   
  • Heating:Gas Natural   
  • Heating:Electric   
  • Heater:Electric  
  • Cooling:Wall Air Conditioning  
  • City  

PROPERTY LOCATION / MAP

Last Database Update:  01/20/2026 06:16:37
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Let Desatnick Real Estate be your buyer agent for this listing. Listing is provided by NEW ERA REAL ESTATE. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

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4701 Arctic Avenue, Wildwood NJ
16  Bedroom(s)   |    10  Bathroom(s)   |   For Sale: $ 1,250,000   |   MLS Number: 252454   |   Property Type: Apartment

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4701 Arctic Avenue Wildwood, NJ
$ 1,250,000