120 schellenger avenue

WILDWOOD, NJ 08260

14 BEDS 9-Full BATHS
0.09 AC LOT
Residential-Detached
Image 1
Bedrooms 14
Full Baths 9
Acreage 0.09
Status Off Market
MLS # NJCM2006834
County CAPE MAY
More Info
Category Residential-Detached
Status Off Market
Acreage 0.09
MLS # NJCM2006834
County CAPE MAY
Exceptional Income-Producing Opportunity in the Heart of Wildwood! Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore’s most desirable locations. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. The seller currently nets approximately $130,000 per season, demonstrating the property’s exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you’re looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.
Listing
Street
Satellite

Exterior Features

  • Style Coastal
  • Construction Single Family
  • Siding Frame, Vinyl Siding
  • Exterior Extensive Hardscape, Exterior Lighting, Gutter System, Sidewalks, Street Lights
  • Roof Pitched, Asphalt, Shingle
  • Garage No
  • Water Public
  • Sewer Public Sewer

Interior Features

  • Appliances Oven/Range - Gas, Refrigerator, WaterHeater
  • Heating None
  • Cooling Window Unit(s)
  • Year Built 1960

Neighborhood & Schools

  • Subdivision WILDWOOD CITY

Financial Information

  • Zoning PARZ

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.