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209 E Spencer Avenue Wildwood, NJ $ 1,189,999
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$ 1,189,999 Get more info
209 E Spencer Avenue
$ 1,189,999
Back to search
Share Save

209 E Spencer Avenue

Wildwood, NJ, 08260
$ 1,189,999
Baths0.0 Sq 5,704

Monthly Estimate*

$ 7,909

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Studio

Commercial Property for sale in Wildwood, NJ

for $1,189,999. This 5,704 square foot building was built in 1920 on a lot size of 0.09.

Looking for an ROI 10% or better? Turn-key rooming house with both seasonal and yearly teNewBuilding New price! This unique property offers a main building with 19 updated bedrooms, new baths, new granite kitchens, updated dining rooms and living rooms.There is a bonus, separate, recently updated 2 bedroom 1 bath cottage with it's own electric meter and brand new heating system. Renovated, separate owner or property manager's quarters with it's own kitchen and private bath on the main floor of building. New roof in 2013. New windows. Updated electric. New on demand hot water for main building. Building has brand new, separate heating systems for both main building and cottage. Every bedroom has new carpet, microwaves, TV's, refrigerators. Entire interior freshly painted. Exterior refreshed. Property comes furnished, occupied and ready to go!

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Commercial Contingent

Price

$ 1,189,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,438

Style

Apartment Building

Lot Size

0.09

Year Built

1920

Town/City

Wildwood

County/Region

Cape May

MLS | Web ID

NJCM2002496
Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Ceramic Tile
Hot Water Instant Hot Water
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Central
Cooling Window Unit(s)
Possession Settlement
Roof Shingle
Zoning RESIDENTIAL
Construction Materials Wood Siding
Year Built 1920
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality WILDWOOD CITY
Business Type Apartment Building
Accessibility None
County CAPE MAY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions From Route 47 into Wildwood make left onto Pacific to Spencer. Right onto Spencer PIQ on left
City WILDWOOD
Buyer Agent Compensation 3
Total Units 0
MLS Area Wildwood City (20514)
Lot Size Square Feet 4000.00
Waterfront Y/N N
Street Name SPENCER
Tax Annual Amount 11438.0
Property Condition Good Very Good
Price Per Sq Ft 208.63
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 174
Standard Status Active Under Contract
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 5704.00
Lot Dimensions 40.00 x 100.00
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 209
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

christine.ecker@longandfoster.com

Email

Affordability Calculator

$8,862
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,909
Monthly Property Taxes
$953
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/19/2024$1,189,999 -0.75% Price Down
12/14/2023$1,199,000 -4.08% Price Down
9/19/2023$1,250,000 -7.41% Price Down
8/28/2023$1,350,000 Listed Price

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209 E Spencer Avenue, Wildwood, NJ, 08260 is a Commercial Property for sale at $1,189,999 with 5,704 sqft and a lot size of 0.09. 209 E Spencer Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 08260 which is in Wildwood, NJ

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