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228 E Garfield Avenue

WILDWOOD, NJ 08260
  • $1,590,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: NJCM2001140
$1,590,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:

Description

WILDWOOD EASTSIDE 10 UNIT YEAR ROUND HEATED APARTMENT BUILDING - Properties this size are Very Rare. Not only do you neversee them show up on the Market for Sale, they just don't exist. You have a better chance of seeing BIGFOOT on the Beach than you do seeingAnother One these Hit the Market. Most units are Occupied, the ones that are not are being Freshened up for New Tenants. If you are a Multi- Family Buyer and you have been looking, you know that there is No Inventory, Nothing for Sale. Don't miss the Opportunity to have 10income producing units in one Building. Think of the Real Estate Tax Saving by having all your investments in one building on one lot with one Property Tax Bill. Not to mention its so much easier to manage and maintain if all your units are in building. THIS PROPERTY IS WELLPRICED LESS THAN $175. PER SQUARE FOOT - THATS LESS THAN IT WOULD COST TO REBUILD THE SAME SIZE PROPERTY IFSOMEONE GAVE YOU THE LAND FOR FREE !! SIMILAR PROPERTIES HAVE SOLD AS HIGH AS $250 PER SQUARE FOOT - THATWOULD PUT THIS PROPERTIES VALUE IN THE 2.3 MILLION RANGE Separate Electric Meters, Newer Roof

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Newman Real Estate Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-14T07:10:17.253.
www.thinknewman.com/homes/129846923
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228 E Garfield Avenue WILDWOOD, NJ 08260

  • Price: $1,590,000
  • Status: Active
  • On Site: 60 Days
  • ID#: NJCM2001140
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1930
Built
Neighborhood:
Wildwood City (20514)
County:
Cape May
Area:
Wildwood City (20514)
School District:
Wildwood City Schools
Property Description
WILDWOOD EASTSIDE 10 UNIT YEAR ROUND HEATED APARTMENT BUILDING - Properties this size are Very Rare. Not only do you neversee them show up on the Market for Sale, they just don't exist. You have a better chance of seeing BIGFOOT on the Beach than you do seeingAnother One these Hit the Market. Most units are Occupied, the ones that are not are being Freshened up for New Tenants. If you are a Multi- Family Buyer and you have been looking, you know that there is No Inventory, Nothing for Sale. Don't miss the Opportunity to have 10income producing units in one Building. Think of the Real Estate Tax Saving by having all your investments in one building on one lot with one Property Tax Bill. Not to mention its so much easier to manage and maintain if all your units are in building. THIS PROPERTY IS WELLPRICED LESS THAN $175. PER SQUARE FOOT - THATS LESS THAN IT WOULD COST TO REBUILD THE SAME SIZE PROPERTY IFSOMEONE GAVE YOU THE LAND FOR FREE !! SIMILAR PROPERTIES HAVE SOLD AS HIGH AS $250 PER SQUARE FOOT - THATWOULD PUT THIS PROPERTIES VALUE IN THE 2.3 MILLION RANGE Separate Electric Meters, Newer Roof
Exterior Features

Construction Materials Vinyl Siding Garage YN No Parking Types Driveway Riparian Rights YN No View Ocean Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Building Area Total 9276.00 Cooling Window Unit(S) Heating Baseboard - ElectricOther Heating YN Yes Net Square Feet 9276.00

Property Features

Acceptable Financing ConventionalOther Accessibility Features Other Assessment Year 2021 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel ElectricNatural Gas Hot Water Natural Gas Municipality Wildwood City Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801653249396 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 10331.00 Tax Assessment Amount 375000.00 Tax Lot 00022 02 Vacation Rental YN No Water Source Public Zoning Rm

Listing courtesy of Weichert Realtors Coastal.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Newman Real Estate Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-14T07:10:17.253.
 
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The Newman Real Estate Group | Keller Williams Flagship of Maryland
231 Najoles Rd., Suite 100
Millersville MD, 21108