Amazing Quadplex Investment Opportunity – **Actively booking for summer rentals!** Discover this incredible quadplex just half a block from the beach in the heart of Wildwood and only two blocks from the Crest! Whether you’re an investor looking for strong rental income or seeking a perfect combination of personal use and investment, this property offers endless potential. Property Features: • Unit 1: 5 Bedrooms, 3 Baths • Unit 2: 4 Bedrooms, 2 Baths • Unit 3: 2 Bedrooms, 1 Bath • Unit 4: 1 Bedroom, 1 Bath With multiple units and flexible rental options, this property is ideal for short-term summer rentals and has existing bookings already in place! An investor could live in one unit while generating income from the others, covering the mortgage and maximizing returns. Located in a prime spot near the beach, boardwalk, and attractions, this is a rare opportunity to own a highly desirable shore investment property with proven income potential. Don’t miss out on this fantastic opportunity—schedule a showing today!
Sold for $1,240,000
Street View
$1,240,000
305 E Leaming Ave, Wildwood, NJ 08260
3beds
--baths
3,612sqft
Quadruplex
Built in 1950
-- sqft lot
$1,338,700 Zestimate®
$343/sqft
$2,173 Estimated rent
Home value
$1,338,700
$1.20M - $1.50M
$2,173/mo
Zestimate® history
Owner options
List your home for rent
$2,173/mo
Rent Zestimate®
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$2,173/mo
Rent Zestimate®
Refinance and save
$7,842/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,842/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Carolyn Phillips 267-346-4464,
Keller Williams Real Estate-Langhorne
Bought with:
Non Member
Metropolitan Regional Information Systems, Inc.
Source: Bright MLS,MLS#: NJCM2004630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Central, Natural Gas, Electric
Cooling
- Central Air, Ductless, Window Unit(s), Electric, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Formal/Separate Dining Room, Eat-in Kitchen, Recessed Lighting, Upgraded Countertops, Dry Wall, High Ceilings, Block Walls
- Flooring: Wood, Laminate
- Windows: Replacement, Vinyl Clad, Bay/Bow
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,612
- Total interior livable area: 3,612 sqft
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Private, Under Home Parking, Attached Carport, Driveway, On Street
- Carport spaces: 2
- Uncovered spaces: 4
Accessibility
- Accessibility features: 2+ Access Exits, Doors - Swing In, Accessible Entrance
Features
- Exterior features: Outdoor Shower, Street Lights, Balcony
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanside
Lot
- Size: 4,000 Square Feet
- Dimensions: 40.00 x 100.00
- Features: Year Round Access
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 140003300004
- Zoning: HM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Foundation: Pilings, Block
- Roof: Shingle,Flat
Condition
- Good
- New construction: No
- Year built: 1950
- Major remodel year: 2005
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Phone Available, Water Available, Cable
Community & HOA
Location
- Region: Wildwood
- Municipality: WILDWOOD CITY
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $423,100
- Annual tax amount: $12,697
- Date on market: 4/15/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: 4 Refrigerators, Fully Furnished
- Ownership: Fee Simple
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $1,240,000+3%$343/sqft |
Source:  Bright MLS #NJCM2004630 Report a problem | ||
| 4/25/2025 | Contingent | $1,204,000$333/sqft |
Source: Bright MLS #NJCM2004630 Report a problem | ||
| 4/16/2025 | Listed for sale | $1,204,000+35.3%$333/sqft |
Source: Bright MLS #NJCM2004630 Report a problem | ||
| 3/31/2021 | Listing removed | -- |
Source:  CMCAOR Report a problem | ||
| 10/7/2020 | Listed for sale | $890,000+48.4%$246/sqft |
Source: Cape May County Real Estate Brokers LLC #203904 Report a problem | ||
| 4/30/2016 | Listing removed | $599,900$166/sqft |
Source: CENTURY 21 Alliance #167076 Report a problem | ||
| 2/4/2016 | Price change | $599,900-11.1%$166/sqft |
Source: CENTURY 21 Alliance #167076 Report a problem | ||
| 11/12/2015 | Listed for sale | $675,000$187/sqft |
Source: CENTURY 21 Alliance #167076 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 08260
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Nearby schools
GreatSchools rating
- 3/10Glenwood Ave Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Wildwood Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Wildwood High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Wildwood City Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,338,700
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
$1,338,700
- New Jersey
- Cape May County
- Wildwood
- 08260
- 305 E Leaming Ave
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