NEW! Buy and sell safely with virtual options - Learn More
About the Listing SNJLLC2 - 3293518
INVESTMENT & DEVELOPMENT OPPORTUNITY IN WILDWOOD! Located just steps from the bay, 500 W. Glenwood Avenue offers more than 3,800 sq. ft. of living space and tremendous potential for investors, developers, and builders. Currently configured as a triplex, the property features three spacious units: a 3-bedroom/2-full-bath apartment, a 3-bedroom/1-bath apartment, and a 2-bedroom/1-bath apartment. The property has been operated as a rental investment, generating approximately $70,000 in combined annual rental income. With its desirable Wildwood location near the bay, this property offers multiple possibilities for the next owner. Renovate and reposition the existing units as an income-producing rental property, explore the potential for condominium conversion, or redevelop the site with new construction. The property will be delivered vacant and sold strictly AS-IS, giving the new owner the flexibility to begin renovations or redevelopment without existing tenant occupancy. A rare opportunity to acquire a large multi-unit property in Wildwood with existing income history, more than 3,800 sq. ft. of living area, and significant value-add and redevelopment potential. Ideal for the investor or builder looking to capitalize on one of the Jersey Shore’s most popular destinations. Buyer responsible for conducting all due diligence regarding permitted uses, zoning, condominium conversion, redevelopment, and new construction possibilities with the appropriate municipal authorities.
Listing Highlights for 500 W Glenwood Ave
Status
Active
Days on Site
5
Property Type
Residential
MLS ®
NJCM2008394
Year Built
1960
Total Square Footage
3,828
Lot/Acreage
0.11
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
- Air Cond: Central A/C,Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3828
- Basement:
- Other: Attic,Bathroom - Tub Shower,Ceiling Fan(s),No Pet Restrictions,Pets Allowed,Main Floor Bedrooms: 5
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 56 x 86
- Zoning: T-C
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Paved Driveway,Driveway,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $8,657
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
500 W Glenwood Ave Wildwood, NJ 08260
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
