400-401 E Magnolia Avenue

Wildwood, NJ
$ 1,074,900 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Incredible cash cow investment opportunity in the heart of Wildwood! Over Half An Acre Of Beach & Boardwalk Block Land! 2 Lots Available Totaling 24,750 Sq Ft. 400 E Magnolia Ave is 125' x 90' and 11 ,250 Sq Ft. 401 E Glenwood Ave Is 150' x 90' and 13,500 Sq Ft. Fully Cleared Lot Is Currently Operating As A 95 Space Parking Lot. Flexible Tourism Entertainment (TE) Zoning Allows For Multiple Uses And Development. Permitted Uses Include Restaurant, Bars, Hotel, Motel, Resort, Retail, Residential Units, And More. The seller is will guarantee a $75,000 lease for 5 years if buyer wants.

Commercial

  • Price
  • $ 1,074,900
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1930
  • Half Bathrooms
  • 0
  • City, Zip
  • Wildwood
  • Taxes
  • 29302
  • County
  • CAPE MAY
  • Style
  • Commercial/Industrial
  • Area
  • Wildwood
  • MLS#
  • 200132
  • Zip
  • 08260
Listing Provided by: KELLER WILLIAMS REALTY JERSEY SHORE oc

Features

General

Exterior Features Other (See Remarks)
Flooring Concrete
Parking 11 Or More Spaces, Off Street
Type Commercial/Industrial
Zoning TE

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/10/2020 Listed $1,074,900

Property vs Zip Code Average in 08260

Price
AVG $1.3M
$1.07M
Visits
AVG 21
22
Year Built
AVG 1967
1930
Walkscore
AVG 68
64
Data Provided by Walkscore ® not using MLS data

Map

400-401 E Magnolia Avenue Wildwood, NJ is a Single Family Home for sale at $1074900 and a lot size of Acre(s). 400-401 E Magnolia Avenue Wildwood has 0 bedrooms, 0 baths and was built in 1930. The property's zip code is 08260 which is in Wildwood, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.