Date
Details
Price
Change
Source
11/15/2025
Listed
$2,425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,425,000
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Property Description
Amazing opportunity to own an iconic business and property in North Wildwood, NJ. Business for sale is an ice cream parlor that is a staple in the Wildwoods. Business has been in operation for over 20 years. Property has 2 rental units ready for additional income, and a main living area that can be owner occupied, or rented for additional income. There is an ancillary building that can be used for storage, or updated for additional rental units. Property was originally a hotel and transformed to an ice cream parlor on the first floor, and 3 separate units on the second floor for living space and income opportunities. Sale is contingent on purchaser buying the business. Property listing price is $1,825,000, and business sale is $600K. Please contact listing agent to set up a property showing, and business discussion with the owner.
Full Property Details
Full Property Details for 1111 New Jersey Ave
General
- Price: $2,425,000
- Taxes: $12,613 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: NJCM2006410
- Updated: 3/6/2026
- Added to Site: 140 day(s) ago
Business
- Business Type: Restaurant/Bar
Rooms
Bathrooms
- Restrooms: 7
Additional Information
- Security/Safety: Security System, Smoke Detector, Exterior Cameras, Carbon Monoxide Detector(s)
Parking
- Total Spaces: 20
- Parking Features: Handicap Parking, Paved Parking, Lighted Parking, Private, Public
- Parking Type: Driveway, Parking Lot
Location
- Area: North Wildwood City (20507)
- Municipality: NORTH WILDWOOD CITY
- County: CAPE MAY
- Driving Directions: NJ Parkway to Exit 6, North Wildwood. Drive straight on the island on NJ avenue and the property is on the corner of NJ ave and 12 ST.
- Traffic Count: Greater than 30000
- Location Details: Corner Lot/Unit
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s), Wall Unit
- Cooling Fuel: Natural Gas, Electric
- Heating Type: Central, Baseboard - Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic, Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Stories/Levels: 2
- Building Size: 6496
- Year Built: 1955
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size Source: Estimated
- Lot Dimensions: 100 x 100
- Frontage Feet: 200
- Fence: Yes
- Zoning: COMMERCIAL & RESIDENTIAL
- Lot Description: Corner, Rear Yard, Road Frontage
Water Features
- Water Front Type: Bay
Financial Considerations
- Price Per Sq. Ft.: $373.31
- Assessment Year: 2010
- Tax w/Assessment: $795,800
- Tax Amount: $12,613
- Tax Year: 2025
- Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Air Conditioning, All Utilities, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Payroll, Repairs, Reserves for Replacement, Sewer, Services (All), Ta
Disclosures and Reports
- Ownership: Fee Simple
Listed by Real Broker, LLC, Michael Innaurato
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Listing agent
— 1111 New Jersey Ave —
Michael Innaurato
Real Broker, LLC
Listing Office Email: jeremiah@jfkliving.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1111 New Jersey Ave
School District:North Wildwood City School District
| Name | Grades | Distance |
|---|---|---|
Margaret Mace Elementary School 1201 Atlantic Avenue, North Wildwood, NJ 08260 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1111 New Jersey Ave
Estimate the Cost
Estimate the Cost for 1111 New Jersey Ave
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1111 New Jersey Avenue, North Wildwood, NJ 08260 (MLS# NJCM2006410) is a Commercial Service property. 1111 New Jersey Avenue is currently listed for $2,425,000 and was received on November 15, 2025. Want to learn more about 1111 New Jersey Avenue? Do you have questions about finding other Commercial Service real estate for sale in North Wildwood? You can browse all North Wildwood real estate or contact a Coldwell Banker agent to request more information.