$549,900

6 J AVE, Wildwood, NJ 08260

  • 2,866 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $192/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Unlock the potential of this income generating, two-story duplex offering tremendous built-in upside. The spacious first-floor unit (960 sq ft) features 3 bedrooms, 1 bath, a large eat-in kitchen, comfortable living room, in-unit laundry, and a 24' x 8' enclosed porch. Currently rented month-to-month at $1,050 with area comps supporting rents around $2,100 after updates. The second-floor unit (906 sq ft) includes 2 bedrooms, 1 bath, a bright eat-in kitchen, and a cozy living room, and is currently occupied by family at no rent, giving new owners full flexibility. Similar units are renting for approximately $1,400 per month. With strong rental demand and a projected stabilized income of $3,500 and up per month once improved, this property offers a clear value-add opportunity through cosmetic and functional upgrades. Whether you choose to live in one unit while renovating the other or bring both to market as high-performing rentals, the cash-flow potential far outweighs the upfront work. This duplex is more than a property, it’s a meaningful equity building opportunity ready to be unlocked. Home being conveyed in "As Is" condition.

Listing Status:
Active
Listing Office:
Homestead Real Estate Co Inc. : 6098841888
Listing Agent:
Trisha Kellaway : 6097804469
MLS ID:
NJCM2006466
  • A/C: None
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above Grade
  • Style: Other
  • General: OtherBlock
  • Originating MLS: BRIGHT_MAIN
  • School District: WILDWOOD CITY SCHOOLS
  • County: CAPE MAY-NJ
  • Zoning: R-113-00116-0000-00006-01
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Trisha Kellaway, Homestead Real Estate Co Inc.

Monthly Payment

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

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