This 4 unit muti-family complex is a RENTAL POWER HOUSE! Property features a triplex within the main building and a private cottage located in the back. There are many options to utilize this income producing property. This is the perfect location for summer "weekly rentals", Airbnb or just continue renting on a monthly basis and rake in over $65 K in gross profits. The main 3 bedroom 2 bath unit has recently been freshly painted and brand new carpeting installed. This unit is currently vacant and ready to be occupied by a buyer or rented to a tenant of the buyer's choice. Why not "move right in" and have the 3 unit income stream pay your mortgage?! This neighborhood is anticipating a revitalization from the "Pacific Avenue Redevelopment Plan" so look forward to a boom in real estate appreciation. Brand new construction project is currently being built across the street. Located only 2 short blocks from Wildwood beaches and World Famous Boardwalk.
Sold for $615,000
$615,000
143 E Spencer Ave, Wildwood, NJ 08260
7beds
--sqft
Quadruplex
Built in ----
-- sqft lot
$757,000 Zestimate®
$--/sqft
$2,401 Estimated rent
Home value
$757,000
$696,000 - $825,000
$2,401/mo
Zestimate® history
Owner options
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$3,883/mo
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Zillow last checked:
Listing updated:
Listed by:
Frank C Shoemaker,
BERGER REALTY
Bought with:
Non-Member Non-Member
Non Member
Source: CMCAOR,MLS#: 240464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Electric, Baseboard
Cooling
- Other
Appliances
- Included: Gas Water Heater
Property
Parking
- Parking features: Concrete
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 4,000 Square Feet
- Dimensions: 40 x 100
Details
- Additional structures: Storage
- Parcel number: 1400146000000012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
Utilities & green energy
- Electric: Separate Meter(s)
- Sewer: Public
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Wildwood
Financial & listing details
- Tax assessed value: $235,200
- Annual tax amount: $6,661
- Date on market: 2/17/2024
- Total actual rent: 5300
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2024 | Sold | $615,000+2.7% |
Source:  CMCAOR #240464 Report a problem | ||
| 2/29/2024 | Contingent | $599,000 |
Source: CMCAOR #240464 Report a problem | ||
| 2/27/2024 | Pending sale | $599,000 |
Source:  SJSRMLS #582271 Report a problem | ||
| 2/16/2024 | Listed for sale | $599,000+169.8% |
Source: SJSRMLS #582271 Report a problem | ||
| 1/13/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2022 | Listed for rent | $900-25% |
Source: Zillow Rental Manager Report a problem | ||
| 1/21/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/10/2021 | Listed for rent | $1,200 |
Source: Zillow Rental Manager Report a problem | ||
| 1/2/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/25/2020 | Listed for rent | $1,200 |
Source: Owner Report a problem | ||
| 4/25/2020 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 2/20/2020 | Listed for rent | $1,200 |
Source: Owner Report a problem | ||
| 10/24/2019 | Sold | $222,045-10.8% |
Source: Public Record Report a problem | ||
| 8/30/2019 | Pending sale | $249,000 |
Source: Villas -WEICHERT, REALTORS - City to Shore #188966 Report a problem | ||
| 8/8/2019 | Listed for sale | $249,000+27.7% |
Source: WEICHERT REALTORS CITY TO SHORE #188966 Report a problem | ||
| 1/16/2015 | Sold | $195,000+95.2% |
Source: Public Record Report a problem | ||
| 5/15/2002 | Sold | $99,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,058 | $235,200 |
| 2024 | $7,058 +2.5% | $235,200 |
| 2023 | $6,889 +6.3% | $235,200 |
| 2022 | $6,480 +2.4% | $235,200 |
| 2021 | $6,327 +3.7% | $235,200 |
| 2020 | $6,101 +3.8% | $235,200 |
| 2019 | $5,878 | $235,200 |
| 2018 | $5,878 +7.5% | $235,200 |
| 2017 | $5,466 +1.6% | $235,200 |
| 2016 | $5,379 +1.2% | $235,200 |
| 2015 | $5,316 +25.6% | $235,200 |
| 2014 | $4,232 +4% | $235,200 +9.5% |
| 2012 | $4,069 -20.1% | $214,700 |
| 2011 | $5,093 +0.2% | $214,700 -22.7% |
| 2010 | $5,085 +10.5% | $277,700 |
| 2009 | $4,601 +6.9% | $277,700 |
| 2008 | $4,304 +2.6% | $277,700 |
| 2007 | $4,193 | $277,700 |
| 2006 | -- | $277,700 |
| 2005 | -- | $277,700 +131.2% |
| 2004 | $4,119 | $120,100 +41.1% |
| 2003 | -- | $85,100 |
| 2002 | -- | $85,100 |
| 2001 | -- | $85,100 |
Find assessor info on the county website
Neighborhood: 08260
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Nearby schools
GreatSchools rating
- 3/10Glenwood Ave Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Wildwood Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Wildwood High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value
$757,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$757,000
- New Jersey
- Cape May County
- Wildwood
- 08260
- 143 E Spencer Ave
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