REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,200,000
Est. payment /mo
Price Dropped by $170K
120 E Schellenger Avenue Wildwood, NJ 08260
3,860 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel
Listing Status Active
Purchase Type For Sale
Square Footage 3,860 sqft
Price per Sqft $310
MLS Listing ID 260299
Year Built 1960
Annual Tax Amount $8,588
Tax Year 2025
Lot Dimensions .09
Property Sub-Type Hotel
Property Description
Are you looking for the perfect Shore Investement? This property offers exceptional income potential in only 6 months . Property could be delivered fully rented if desired . The property was renovated in 2021, this rare 14-room seasonal building blends comfort, flexibility, and strong rental appeal just steps from the beach and boardwalk. It features 14 private rental rooms, 9 full bathrooms, a shared living room, and two full kitchens in one large open space—perfect for group living, meal prep, and communal gatherings. The smart layout maximizes occupancy and creates a welcoming environment for seasonal renters, travel workers, and especially J-1 student housing, which remains in high demand in Wildwood. With potential earnings of over $130,000 per season, plus an option for seasonal rental at $90,000 (MLS 260300), this property offers multiple revenue streams. Its prime location near restaurants, nightlife, and top attractions ensures consistent demand and lasting value—a standout opportunity for investors seeking a high-performing property in one of the Shore's most sought-after destinations. SELLER INCENTIVE!
Location
State NJ
County Cape May County
Area Wildwood
Zoning PARZ
Location Details Island,Business District
Rooms
Other Rooms Utility Room
Interior
Interior Features Living Space Available, Restroom
Hot Water Gas
Heating No Heating
Cooling Wall Air Conditioning
Flooring Linoleum/Vinyl, Partial Carpet
Exterior
Exterior Feature Security Light/System, Security Camera
Parking Features Other (See Remarks)
Building
Lot Description Island, Business District
Story 2
Sewer Public
Water Public
Structure Type Other (See Remarks)
Listed by KELLER WILLIAMS REALTY - Washington Twp
Nearby Locations
GET MORE INFORMATION
