120 E Schellenger Ave, Wildwood, NJ 08260
120 E Schellenger Ave, Wildwood, NJ 08260
120 E Schellenger Ave, Wildwood, NJ 08260
120 E Schellenger Ave, Wildwood, NJ 08260
120 E Schellenger Ave, Wildwood, NJ 08260
120 E Schellenger Ave, Wildwood, NJ 08260
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VRA Realty

VRA Realty

+1(484) 800-1777
$ 1,200,000
Est. payment | /mo

9 Baths

Save
$ 1,200,000
Est. payment | /mo
Save

9 Baths

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 604587

Style Comm. w/Apartments,Hotel,Motel,Other (See Remarks)

Year Built 1960

Annual Tax Amount $8,588

Tax Year 2025

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 property is currently set up to generate over $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.

Location

State NJ

County Cape May

Community Wildwood

Area Wildwood City

Location Details Business District,Island,See Remarks

Rooms

Basement Slab

Interior

Interior Features Restroom

Heating No Heating

Flooring Carpet-Partial, Linoleum/Vinyl, Other (See Remarks)

Exterior

Exterior Feature Security Light/System

Parking Features None, Other (See Remarks)

Roof Type Asphalt,Pitched

Building

Story 2

Sewer Public Sewer

Water Public

South Jersey Shore Regional MLS (SJSRMLS)
Listed by KELLER WILLIAMS REALTY-WASHINGTON TWP

Nearby Locations

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Beckie Barton

Director of Growth and Operations

+1(302) 588-7812 | beckie@vrarealty.com

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120 E Schellenger Ave

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