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Off market
  • $1,190,000

    242 E Youngs Ave, Wildwood, NJ 08260

    21beds
    16baths
    --sqft
    SingleFamily
    Built in 1935
    -- sqft lot
    $1,190,000 Zestimate®
    $--/sqft
    $2,408 Estimated rent

    Home value

    $1,190,000

    $964,000 - $1.49M

    $2,408/mo

    Zestimate® history
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    $6,112/mo

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    $6,112/mo

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    What's special

    Get ready to "roll in the dough" once this sleeping beauty is restored! Couldnt get a better location. About 1 block to the Beach/Boardwalk/Amusement Pier. The Pan-A-Lu Motel needs some attention & a creative eye. This seasonal motel features (5) two bedroom suites, (6) one bedroom suites & 2 motel rooms. There is an additional motel room which is used for an office/owners quarters too. Ample off street parking provided, one car garage, storage room, along with a room to install a washer/dryer on premises. BONUS...A DUPLEX (adjacent to the motel parking lot) WHICH IS PART OF THIS COMPLEX can offer year round living, so youll still be making money when the Motel closes for the season! Also separately for sale is 4104 Atlantic Avenue, a year round single family 3 bedroom, 2 bath Home with a rear Cottage for seasonal use (MLS 161214) which adjoins the north side of the Motel parking lot. So what are you waiting for...take a look as soon as possible or youll miss being "the prince"! Exclusions: coin operated washer & dryer, owners personal property such as but not limited to ladders, saws, tools, etc. This property is being conveyed, AS IS, WHERE IS" without representations or warranties of any kind. Dont rely on seller or sellers agent to answer questions or concerns but personal due diligence based solely on the buyers inspection. Seller is in the process of correcting city violations but buyer will accept violations that are not completed before settlement. Buyer will be responsible for all city & state inspections and certificates. Currently owner is changing the yearly State Inspection with the State to a seasonal motel status.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 16

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1935

    Community & HOA

    Location
    • Region: Wildwood

    Price history

    DateEventPrice
    2/19/2015Listing removed$499,000
    Source: RE/MAX At The Shore RMNJ #161186 Report a problem
    1/24/2015Price change$499,000-9.1%
    Source: RE/MAX At The Shore RMNJ #161186 Report a problem
    12/25/2014Price change$549,000-14.1%
    Source: RE/MAX At The Shore RMNJ #161186 Report a problem
    11/26/2014Listed for sale$639,000
    Source: RE/MAX At The Shore RMNJ #161186 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08260

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,190,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,190,000