702.5 Boardwalk

Wildwood, NJ 08260

$599,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nestled in a coveted SHAWCREST neighborhood, this recently renovated duplex property stands as a testament to modern luxury and impeccable design. With meticulous attention to detail, the home has undergone a comprehensive renovation, transforming it into a stunning masterpiece of Jersey shore living. Shawcrest provides a serene family-friendly environment popular for year-round residents and vacationers alike. It offers a more relaxed and quieter atmosphere compared to some of the busier sections...Nestled in a coveted SHAWCREST neighborhood, this recently renovated duplex property stands as a testament to modern luxury and impeccable design. With meticulous attention to detail, the home has undergone a comprehensive renovation, transforming it into a stunning masterpiece of Jersey shore living. Shawcrest provides a serene family-friendly environment popular for year-round residents and vacationers alike. It offers a more relaxed and quieter atmosphere compared to some of the busier sections of Wildwood while also being conveniently located to the vibrant attractions; The Wildwood Boardwalk, beaches, amusement parks, shops and restaurants all just a short drive away. The property's dual nature as both a residence and a short-term rental unit presents an opportunity for a steady stream of rental income. Owners can live in one unit and rent out the other on platforms like Airbnb or VRBO, taking advantage of the booming short-term rental market. This property is currently generating income using Airbnb and has bookings already into the new year. (can transfer with sale or be cancelled if needed)
  1. Listed by Christopher Xenakis • KELLER WILLIAMS REALTY - MOORESTOWN

Property Details for 702.5 Boardwalk

MLS #
232963
DOM
73
Approx Year Built
1920
Class
MULTI-FAMILY
Sale/Rent
For Sale
Type
Duplex

Location

Listing Courtesy of KELLER WILLIAMS REALTY - MOORESTOWN
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LISTING UPDATED: 11/06/2023 11:03 AM

Property Details for 702.5 Boardwalk

StatusActive
MLS #232963
Days on Market181
Taxes$2,092 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1920
Lot Size0.03 AC / 1,250 SF
CountyCape May County

Location

Listing Courtesy of KELLER WILLIAMS REALTY - MOORESTOWN
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Building Information for 702.5 Boardwalk

Stories-Residences-Year Built1920Building Size-Lot Size0.03 AC / 1,250 SF

Payment Calculator

$3,443 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$174

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702.5 Boardwalk

Summary
Location and General Information
  • Area: Shaw Crest
  • Address Number: 702.5
  • Address Search Number: 702.0
  • Address Street: Boardwalk
  • City: Lower Township
  • Address: 702.5 Boardwalk
  • Status: ACTIVE
  • State: NJ
  • Zip: 08260
  • Status Detail: 0
Taxes and HOA Information
  • Taxes: $2,092.00
  • Tax Year: 2023
Property
Lot Information
  • Lot Size: 1250
  • New Construction Y/N: No
  • Lot Number: 17
  • Block Number: 815
Property and Assessments
  • Total Assessment: $104,400
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Propane
  • Cooling: Electric
  • Hot water: Electric
  • Water: Public
  • Sewer: Public
Interior and Exterior Features
Interior Features
  • Total # of Baths: 2
  • Unit 1 Bedrooms: 1.0
  • Unit 2 Bedrooms: 2.0
  • Total Rent: 0
  • Total # of Lavs: 0
  • Total # of Beds: 3
  • Unit 1 Baths: 1.0
  • Unit 2 Baths: 1.0
  • Unit 1 Rooms: 4.0
  • Unit 2 Rooms: 5.0
  • Number of Units: 2.0

Property History for 702.5 Boardwalk

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 702.5 Boardwalk

Taxable ValueLand$88,700Additions$15,700Total$104,400
Tax Record2022$2,028 ($169 / month)
Home Facts
Beds0Total Finished SqFt731 SqFtAbove Grade Finished SqFt731 SqFtStories2Lot Size1,250 SqFtStyleSingle Family ResidenceYear Built1920CountyCAPE MAYAPN05 00815-0000-00017

Schools near 702.5 Boardwalk

This home is within Lower Cape May Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 4
Public - 5 to 6
Public - 7 to 8
Rating
School
Distance
Carl T Mitnick School
PublicPK to 2

Maud Abrams School
Public3 to 4

Sandman Consolidated Elementary School
Public5 to 6

Richard M Teitelman School
Public7 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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Similar Sold Homes

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702.5 Boardwalk is a multi-family home for sale in Wildwood, NJ 08260. This property was listed for sale on October 31, 2023 by KELLER WILLIAMS REALTY - MOORESTOWN, it's currently listed at $599,000. It has been on the market for a total of 181 days and was last sold on December 1, 2022. This listing's school districts are Lower Cape May Regional School District, Lower Township Elementary School District. Nearby schools include Carl T Mitnick School, Maud Abrams School and Sandman Consolidated Elementary School. 702.5 Boardwalk is a 0-bed, 0-bath, multi-family home built in 1920.

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Listing Courtesy of KELLER WILLIAMS REALTY - MOORESTOWN

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.