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Off market
  • $1,056,700

    2704 Atlantic Ave, Wildwood, NJ 08260

    --beds
    0baths
    3,572sqft
    MultiFamily
    Built in 1932
    -- sqft lot
    $1,056,700 Zestimate®
    $296/sqft
    $2,108 Estimated rent

    Home value

    $1,056,700

    $940,000 - $1.17M

    $2,108/mo

    Zestimate® history
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    $5,427/mo

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    $5,427/mo

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    What's special

    Presenting .... "The Ultra"! This is a very unique offering for an investor who truly understands the value of a one of a kind and beautifully maintained opportunity! Generating $80,000+/ season, with a total of 14 bedrooms and 5.5 bathrooms, and 10+ car parking, this property spans four stories. The main attraction of this stunner is an 8 bedroom, 3.5 bath residence which comprises the 2nd, 3rd and 4th levels, accommodating a total of 30 people. Included is a large foyer, living room area, kitchen with two ranges, three refrigerators, two microwaves and a dishwasher to easily accommodate the cooking and eating needs of large groups, and a spacious dining area. The rooms throughout are a nice size, and there is a woodturning fireplace on the main living area with a gas insert. You will surely appreciate the many architectural and period details such a gorgeous fireplace, moldings, incredible extra wide wood front door, wood trim, and so much more. All baths are full tile for easy care. This unit has gas hot water and window A/C units for summer comfort. The carpets were new in 2019. There is also a laundry room available. The owner currently rents this unit for approximately $5,000/week in the summer. The first floor has two 3 bedroom, 1 bath apartments that rent each summer season for $14,000 - $16,000 each including utilities, and they are already rented for the 2021 season. There are also rentals in the main house booked for 2021 totaling so far approximately $24,000 - a buyer would need to honor those rentals, call for more details. The exterior of this property is vinyl sided, all trim is Azek, and it is super clean - you will be very impressed with the condition of this property. There is a workshop on premises, built in security cameras including night vision, decks galore for maximum outdoor living enjoyment, and a huge garage with loft for all of your storage needs. There are 3 electric meters and 1 gas meter. Enjoy TEN CAR PARKING (YES, 10 CARS!) and a huge yard which begs for a pool - what an amazing addition that would be to round off this incredible property, and elevate the enjoyment and potential rental income to the stratosphere! The possibilities are truly endless - you could rent all three units for maximum income - the seller generates over $80,000/year currently - or just rent the first floor units for $30,000/income each year to help cover the expenses, and enjoy the main home for your vacation home - great for multiple buyers to go in on together! Vacant and ready to be shown, call today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Central, Wall
    Features
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 3,572 sqft

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 5,758 Square Feet
    Details
    • Parcel number: 1400245000000041

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1932

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: Wildwood

    Financial & listing details

    • Price per square foot: $296/sqft
    • Tax assessed value: $407,900
    • Annual tax amount: $12,241

    Price history

    DateEventPrice
    11/4/2021Sold$720,000-8.3%$202/sqft
    Source: CMCAOR #212076 Report a problem
    5/17/2021Listing removed--
    Source: CMCAOR Report a problem
    3/4/2021Price change$785,000-1.9%$220/sqft
    Source: LEES REAL ESTATE #203393 Report a problem
    9/9/2020Listed for sale$799,900+23.1%$224/sqft
    Source: LEES REAL ESTATE #203393 Report a problem
    12/21/2005Sold$650,000+136.4%$182/sqft
    Source: Public Record Report a problem
    5/6/2003Sold$275,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,241 $407,900
    2024$12,241 +2.5%$407,900
    2023$11,947 +6.3%$407,900
    2022$11,238 +2.4%$407,900
    2021$10,973 +3.7%$407,900
    2020$10,581 +3.8%$407,900
    2019$10,193 $407,900
    2018$10,193 +0.6%$407,900
    2017$10,132 +1.5%$407,900
    2016$9,985 +1.6%$407,900
    2015$9,826 -15.7%$407,900
    2014$11,659 +5.3%$407,900 -26.8%
    2012$11,068 +5.2%$557,600
    2011$10,522 +0.3%$557,600
    2010$10,489 +6.9%$557,600
    2009$9,808 +6.7%$557,600
    2008$9,189 +2.7%$557,600
    2007$8,949 $557,600
    2005-- $557,600 +298.3%
    2004$4,802 $140,000
    2003-- $140,000
    2002-- $140,000
    2001-- $140,000
    Find assessor info on the county website

    Neighborhood: 08260

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,056,700
    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
    $1,056,700