309 East Topeka Avenue

Wildwood Crest, NJ 08260

$1,250,000
Price
Beds
2,256 Sq. Ft.
$554 / Sq. Ft.
2,256
Sq. Ft.
$554
per Sq. Ft.

Description

Priced to sell! Tastefully furnished with over 36K summer rentals on the books! A tremendous opportunity awaits in coveted Wildwood Crest! There is absolutely nothing like this property on the market! 309 E Topeka Ave offers an unparallel opportunity for the astute buyer. Completely updated and renovated triplex only a block and a half from the beach with ocean views. Property updates include new roof, new siding and all new windows in the entire building. Each unit enjoys new mini split heating...Priced to sell! Tastefully furnished with over 36K summer rentals on the books! A tremendous opportunity awaits in coveted Wildwood Crest! There is absolutely nothing like this property on the market! 309 E Topeka Ave offers an unparallel opportunity for the astute buyer. Completely updated and renovated triplex only a block and a half from the beach with ocean views. Property updates include new roof, new siding and all new windows in the entire building. Each unit enjoys new mini split heating and AC as well as new hot water heaters. Three new kitchens -showcasing new cabinets, new countertops, tile backsplashes with all new appliances. All new bathrooms, featuring upgraded tile surrounds,new tubs, vanities and toilets. All three units feature luxury vinyl plank flooring throughout. New exterior doors, handles and hinges, as well as all new interior doors, handles and hinges. New electrical panels. The second floor unit features new, oversized fiberglass deck and vinyl railings. This spectacularly renovated shore property in the perfect location offers its new owner a superb opportunity to realize top dollar in rental income.

Property Details for 309 East Topeka Avenue

City/Community
Wildwood Crest
Class
MULTI-FAMILY
Parking - Exterior
Two Car
Waterfront (Y/N)
No

Open Houses

Saturday, May 18th

2:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Add your commute
LISTING UPDATED: 05/16/2024 12:47 PM

Property Details for 309 East Topeka Avenue

StatusActive
MLS #584736
Days on Market18
Taxes$5,620 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Triplex
Year Built-
Lot Size0.07 AC / 3,200 SF
CountyCape May County

Location

Listing Courtesy of LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Add your commute

Building Information for 309 East Topeka Avenue

Stories-Residences3Year Built-Building Size-Lot Size0.07 AC / 3,200 SF

Payment Calculator

$7,290 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 309 East Topeka Avenue

Summary
Location and General Information
  • Address: 309 E Topeka Ave
  • Address Direction: E
  • Address Number: 309
  • Address Search Number: 309
  • Address Street: Topeka
  • Area: Wildwood Crest
  • County: Cape May
  • Directions: 309 E Topeka
  • Fips Code: 34009
  • Location: Water View
  • State: NJ
  • Street Designation: Ave
  • Zip: 08260
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 04-30-2024
  • Tax Year: 2023
  • Taxes: 5620
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 2256
  • Block #: 153.01
  • Lot #: 10
  • Lot Dimensions: 40x80
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 2
  • Doc Timestamp: 04-30-2024
  • New Construction: No
  • Total Assessment: 399700
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Deck, Porch, Sidewalks
  • Siding/Exterior: Brick, Vinyl
Interior Features
  • Air Conditioning: Central
  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Basement: Crawl Space
  • Heating: Gas-Natural, See Remarks
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 2
  • # of 3 Bedroom Units: 1
  • Annual Taxes: 5620
  • Limited Service (Y/N): No
  • Number Of Units: 3
  • Rental Information: See Remarks
  • Separate Meters: Electric
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Rooms: 5
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Rooms: 5
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 3
  • Unit 3 Rooms: 6

Property History for 309 East Topeka Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 309 East Topeka Avenue

Taxable ValueLand$304,000Additions$95,700Total$399,700
Tax Record2022$5,460 ($455 / month)
Home Facts
Beds0Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt2,256 SqFtStories2Lot Size3,202 SqFtStyleSingle Family ResidenceYear Built1964ZoningR-2CountyCAPE MAYAPN15 00153- 01-00010

Schools near 309 East Topeka Avenue

This home is within Wildwood Crest Borough School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Crest Memorial Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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309 East Topeka Avenue is a multi-family home for sale in Wildwood Crest, NJ 08260. This property was listed for sale on April 30, 2024 by LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St, it's currently listed at $1,250,000. It has been on the market for a total of 18 days and was last sold on August 22, 2023. This listing's school district is Wildwood Crest Borough School District. Nearby schools include Crest Memorial Elementary School. 309 East Topeka Avenue is a 0-bed, 0-bath, 2,256 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.