$1,200,000

120 E SCHELLENGER AVE, Wildwood, NJ 08260

  • 14 beds |
  • 9 baths |
  • 3,360 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $357/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional Income-Producing Opportunity in the Heart of Wildwood! Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore’s most desirable locations. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. The seller currently nets approximately $130,000 per season, demonstrating the property’s exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you’re looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 5:20PM
Listing Office:
Keller Williams Realty - Washington Township : 8565821200
Listing Agent:
Thomas P. Duffy : 8562183400
MLS ID:
NJCM2006834
  • General: 2nd KitchenBathroom - Stall ShowerBathroom - Tub ShowerCarpetCeiling Fan(s)Combination Kitchen/DiningDining AreaEntry Level BedroomFloor Plan - TraditionalKitchen - Eat-InKitchen - Table SpaceRecessed Lighting
  • Appliances: Oven/Range - GasRefrigeratorWaterHeater
  • Laundry: None
  • Flooring: CarpetCeramic tileLuxury vinyl plank
  • A/C: Window Unit(s)
  • Heating: None
  • Disability Feature: 36"+ wide Halls
  • General: Extensive HardscapeExterior LightingGutter SystemSidewalksStreet LightsAbove GradeBelow Grade
  • Style: Coastal
  • Other Structures: Patio
  • Parking: Paved ParkingPublicUnassigned
  • Roofing: PitchedAsphaltShingle
  • Windows: ReplacementVinyl clad
  • General: FrameVinyl Siding2Slab
  • Originating MLS: BRIGHT_MAIN
  • School District: WILDWOOD CITY SCHOOLS
  • County: CAPE MAY-NJ
  • Zoning: PARZ14-00172-00021
  • View: Street
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Personal Property

This listing courtesy of Thomas P. Duffy , Keller Williams Realty - Washington Township

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Glenwood Avenue Elementary School

Glenwood & New York Ave, Wildwood, NJ, 08260

Grades PK-5

0.33 miles away

W

Wildwood Middle School

4300 Pacific Ave, Wildwood, NJ, 08260

Grades 6-8

0.36 miles away

W

Wildwood High School

4300 Pacific Ave, Wildwood, NJ, 08260

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.