Under Contract

238 E Leaming Avenue

Wildwood, NJ 08260
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Bed 12

Bed

Bath 0

Bath

Amazing Location just a couple blocks to the World Famous Wildwood Beaches, Boardwalk just a few Blocks to Wildwood Crest. There are 2 Buildings that Make up this 6 Unit Complex. The Front Building is 4 Units with 2 on the Upper floor that enjoy Ocean Views and 2 on the First Floor. The apartments are bright and airy. Each feature 2 bedrooms tastefully decorated and are being sold fully furnished as seen. This home has its own private patio area and may also take advantage of the common picnic area between the 2 houses. There is Luxury vinyl plank flooring for convenient cleanup and to protect against sand and water brought back from the beach and an outdoor shower. Also conveniently located near the convention center, you may take advantage of all of the events in the shoulder seasons as well that are put on at that venue. The Owners have all of the Condo Docs, Surveys and exemptions needed should you decide to convert these to condominiums. The owners were going to sell individually and have been working on the units. 2024 the property grossed $104,000 with very little effort or Marketing. The $25,000/unit should be easily attained and should the properties be pushed a bit more and rented over the fall and winter, you could expect another 10k/unit. Properly run, this property should see north of $200k/year.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,097,777

AD Id : 74807104

MLS Id : 260215

Beds : 12

Year Built : 1920

County : Cape May

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Feature Features

  • Bedroom Information

    Total beds: 12

    Room Information

    Basement: Crawl Space
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric

  • Building Information

    Year Built: 1920 Patio And Porch Features: Deck, Patio, Porch Private Pool: No

  • Listing Price Information

    Listing Price: $1097777

  • Tax Information

    Tax Lot: 25 Tax Year: 2025 Annual Tax: $9797

  • Utility Information

    Cable Available
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
113 W 6th Avenue, North Wildwood, NJ, 08260 $1,199,900 5 4 3,181 3,181 SqFt
408 Illinois Avenue, Wildwood, NJ, 08260 $1,499,900 4 3 2,744 2,744 SqFt
108 E 17th Avenue, Wildwood, NJ, 08260 $969,900 3 2 2,104 2,104 SqFt
320 E 26th Avenue #1, Wildwood, NJ, 08260 $999,000 3 2 1,500 1,500 SqFt
403 E Glenwood Avenue #13, Wildwood, NJ, 08260 $699,224 3 2 1,469 1,469 SqFt
403 E Glenwood Avenue #15, Wildwood, NJ, 08260 $649,224 2 2 1,469 1,469 SqFt
403 E Glenwood Avenue #14, Wildwood, NJ, 08260 $799,224 3 2 1,469 1,469 SqFt
2910 Ocean Avenue, Wildwood, NJ, 08260 $1,369,000 -- -- --
233 E Juniper Avenue #4, Wildwood, NJ, 08260 $400,000 2 1 --
233 E Juniper Avenue #8, Wildwood, NJ, 08260 $229,000 -- 1 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Cape May County MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Cape May County Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/09/2026 @ 11:44

MLS: 260215 LISTED BY: Brian Reed, LONG & FOSTER REAL ESTATE, INC nwnj 609-770-8848 SOURCE: Cape May County Association of REALTORS

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