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Sold for $570,000
  • $570,000

    316 W Montgomery Ave, Wildwood, NJ 08260

    4beds
    --sqft
    Quadruplex
    Built in 1930
    -- sqft lot
    $701,500 Zestimate®
    $--/sqft
    $2,525 Estimated rent

    Home value

    $701,500

    $652,000 - $751,000

    $2,525/mo

    Zestimate® history
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    $2,525/mo

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    $3,571/mo

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    What's special

    Attention Investors! This four-plex is fully rented, and has split meters for gas and electric, making it a hassle-free investment. Gross rents are currently $4,650 per month. Front House 1st floor is a 3 bedroom, 1 bath and 2nd floor is a 1 Bedroom, 1 bath. The rear building has 2 efficiency apartments, one downstairs and one upstairs. With four units available, this property provides the opportunity for a diversified rental income stream. Each unit also features its own private entrance, ensuring privacy for residents. This property also offers a great opportunity for future growth. With a strong rental market and potential for rent increases, this investment is positioned to provide solid returns over time. All units are in great shape making this a turnkey property. Whether you're an experienced investor or a first-time buyer looking to enter the real estate market, this property promises to be an excellent addition to your portfolio. Call for a private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Chiolo 609-425-0653,

    KELLER WILLIAMS REALTY JERSEY SHORE wc

    Bought with:

    Charlotte Erace, 2321019

    KELLER WILLIAMS REALTY JERSEY SHORE - Margate

    Source: CMCAOR,MLS#: 231686MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Gas Water Heater

    Property

    Lot
    • Size: 2,400 Square Feet
    • Dimensions: 2400
    • Features: Island
    Details
    • Parcel number: 1400092000000020

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: Separate Meter(s)
    • Gas: Separate Meter(s)
    • Sewer: City
    • Water: City
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: Wildwood

    Financial & listing details

    • Tax assessed value: $230,000
    • Annual tax amount: $6,513
    • Date on market: 6/28/2023
    • Total actual rent: 4650

    Price history

    DateEventPrice
    8/28/2023Sold$570,000+0.9%
    Source: CMCAOR #231686 Report a problem
    7/19/2023Contingent$565,000
    Source: CMCAOR #231686 Report a problem
    6/28/2023Listed for sale$565,000+154%
    Source: CMCAOR #231686 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/18/2020Listing removed$1,450
    Source: Owner Report a problem
    1/18/2020Listed for rent$1,450
    Source: Owner Report a problem
    11/1/2019Listing removed$1,450
    Source: Owner Report a problem
    10/1/2019Listed for rent$1,450
    Source: Owner Report a problem
    7/19/2018Sold$222,400-1.1%
    Source: Public Record Report a problem
    3/1/2018Price change$224,900-2.2%
    Source: LEES REAL ESTATE #175662 Report a problem
    9/14/2017Price change$229,900-2.1%
    Source: LEES REAL ESTATE #175662 Report a problem
    4/18/2017Price change$234,900-2.1%
    Source: LEES REAL ESTATE #175662 Report a problem
    4/11/2017Price change$239,900-4%
    Source: LEES REAL ESTATE #175662 Report a problem
    8/23/2016Price change$249,900-3.5%
    Source: RE/MAX At the Shore #169124 Report a problem
    3/9/2016Price change$259,000-7.2%
    Source: RE/MAX At the Shore #151145 Report a problem
    4/10/2013Listed for sale$279,000+39.5%
    Source: RE/MAX At The Shore #151145 Report a problem
    3/18/2004Sold$200,000+113.9%
    Source: Public Record Report a problem
    7/14/2000Sold$93,500+202.6%
    Source: Public Record Report a problem
    8/10/1994Sold$30,900
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,902 $230,000
    2024$6,902 +2.5%$230,000
    2023$6,737 +6.3%$230,000
    2022$6,337 +2.4%$230,000
    2021$6,187 +3.7%$230,000
    2020$5,966 +40.9%$230,000
    2019$4,233 $230,000
    2018$4,233 -20.8%$230,000
    2017$5,345 +1.6%$230,000
    2016$5,260 +1.2%$230,000
    2015$5,198 +24.2%$230,000
    2014$4,186 +4%$230,000 +8.3%
    2012$4,025 -0.9%$212,400
    2011$4,062 +0.2%$212,400 -4.1%
    2010$4,056 +10.5%$221,500
    2009$3,670 +6.9%$221,500
    2008$3,433 +2.6%$221,500
    2007$3,345 $221,500
    2006-- $221,500
    2005-- $221,500 +150.6%
    2004$3,032 $88,400
    2003-- $88,400 +4.1%
    2002-- $84,900
    2001-- $84,900
    Find assessor info on the county website

    Neighborhood: 08260

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $701,500
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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
    $701,500