No Showings allowed until August 8th! Investor Opportunity in Woodbine Borough, Cape May County! Attention Investors, contractors, and handy buyers! This property is situated on an oversized 157 x 100 lot and offers endless potential renovation, expansion or investment. Featuring 3 Bedrooms, 2 baths, this home is ready for someone with vision to bring it back to life. The photos provided have been virtually enhanced to illustrate te property's potential after improvements. Whether you are looking for your next project, a rental investment, or a home to customize to your own taste, this property presents an exciting opportunity. Conveniently located in Woodbine Borough with easy access to area amenities, shore destinations and major roadways. Property is being sold As-Is. Buyer responsible for all inspections, resale co, certifications and due diligence.
For sale
$230,000
518 Monroe Ave, Woodbine, NJ 08270
3beds
1,472sqft
:
Get pre-qualified$1,535/mo
Single Family Residence
Built in 1955
0.36 Acres Lot
$227,100 Zestimate®
$156/sqft
$-- HOA
What's special
- 51 days |
- 1,001 |
- 46 |
Zillow last checked:
Listing updated:
Listed by:
Noreen Callahan 609-709-0664,
Keller Williams Realty Preferred Properties
Source: Bright MLS,MLS#: NJCM2007456
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Multi Units, Wall Unit(s), Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 1,472
- Total interior livable area: 1,472 sqft
- Finished area above ground: 1,472
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two and One Half
- Stories: 2.5
- Pool features: None
Lot
- Size: 0.36 Acres
- Dimensions: 100.00 x 157.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160007000010
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Woodbine
- Municipality: WOODBINE BORO
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $170,700
- Annual tax amount: $2,922
- Date on market: 6/5/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Foreclosure details
Estimated market value
$227,100
$216,000 - $238,000
$2,720/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $230,000+283.3%$156/sqft |
Source:  Bright MLS #NJCM2007456 Report a problem | ||
| 7/6/1999 | Sold | $60,000+20%$41/sqft |
Source: Public Record Report a problem | ||
| 5/12/1999 | Sold | $50,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,883 | $170,700 |
| 2024 | $2,883 -1.1% | $170,700 |
| 2023 | $2,916 +1.3% | $170,700 |
| 2022 | $2,878 +3.3% | $170,700 |
| 2021 | $2,786 +1.6% | $170,700 |
| 2020 | $2,743 +7.8% | $170,700 |
| 2019 | $2,545 | $170,700 |
| 2018 | $2,545 +3.1% | $170,700 |
| 2017 | $2,468 -10.3% | $170,700 |
| 2016 | $2,750 +1.4% | $170,700 -15% |
| 2015 | $2,712 -0.7% | $200,900 |
| 2014 | $2,730 +5.2% | $200,900 |
| 2013 | $2,596 +10.1% | $200,900 |
| 2012 | $2,357 +1.5% | $200,900 |
| 2011 | $2,322 +0.9% | $200,900 |
| 2010 | $2,302 +4.3% | $200,900 |
| 2009 | $2,208 +9.9% | $200,900 |
| 2008 | $2,009 +36.8% | $200,900 |
| 2007 | $1,468 | $200,900 +243.4% |
| 2006 | -- | $58,500 |
| 2005 | -- | $58,500 |
| 2004 | $1,375 | $58,500 |
| 2003 | -- | $58,500 |
| 2002 | -- | $58,500 |
| 2001 | -- | $58,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08270
Nearby schools
GreatSchools rating
- 2/10Woodbine Elementary SchoolGrades: PK-8Distance: 0.4 mi
Schools provided by the listing agent
- District: Woodbine Public 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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A local agent can set up tours, give advice and negotiate with sellers.
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