USANJWildwood2910 Ocean Ave
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2910 Ocean Ave, Wildwood, NJ

House

For Sale

Listed price in listed location currency (USD).
$1,369,000

14110

MLS® 261237

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage 
Taxes $13,101
Days Active 0
Lot Size 
Approx. Age 1938
MLS® Number 261237

Property Address: 2910 Ocean Ave, Wildwood, NJ, 08260-4937

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional workforce housing investment opportunity just one block from the beach and boardwalk in one of the Jersey Shore’s most in-demand seasonal employment markets. This 14-bedroom, 11-bath property is fully configured for J1 and seasonal employee housing, offering strong existing cash flow with additional upside potential. The property currently accommodates 42 beds across multiple bunk-style rooms, with the ability to expand to 48 beds to further increase revenue. Designed for efficient high-occupancy operation, the property features secure keypad room entry, a spacious common kitchen and dining area, and a highly functional bathroom layout. The second floor includes 8 private shower stalls and 8 private toilet stalls, while the first floor offers two full bathrooms, plus an additional full bathroom within the 2-bedroom apartment. Current operations generate approximately $139, 200 in gross annual income, reflecting a 7.09% cap rate based on current operations. Income is derived from seasonal workforce housing revenue averaging approximately $175 per bed, per week, over a 16-week season, in addition to rental income from the 2-bedroom, 1-bath apartment, which is currently rented for $1, 800 per month. Situated on a 60x90 corner lot, the property also features 14 off-street parking spaces and large front porches on both levels, adding to the property’s functionality and appeal for tenants. An outstanding opportunity for investors, operators, or employers seeking a proven income-producing asset with expansion potential in a prime shore location.
MLS® Number261237
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1938
Basement
DrivewayAssigned Parking, Concrete Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$1,369,000List Price
  • Commute

Commute

Starting Address
Destination Address
2910 Ocean Ave, Wildwood, NJ

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