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Property Description
Rare opportunity to acquire a 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and two spacious 3-bedroom condo-style units, providing a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. With the current price point of $1.499M, there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.
Full Property Details
Full Property Details for 115 W Poplar
General
- Price: $1,499,000
- Taxes: $9,779 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJCM2007020
- Updated: 3/29/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Hardwood, Laminate Plank, Carpet, Tile/Brick
Rooms
Bathrooms
- Restrooms: 8
Parking
- Total Spaces: 7
- Parking Features: Paved Parking, Private
- Parking Type: Off Site, On Street, Parking Lot, Driveway
Location
- Area: Wildwood City (20514)
- Municipality: WILDWOOD CITY
- County: CAPE MAY
- Cross Streets: New Jersey
- Driving Directions: New jersey to Juniper. Right on Juniper Left onto New York. Left onto Poplar. PIQ on left
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water, Heat Pump(s)
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Foundation: Block, Crawl Space, Slab
- Roof: Architectural Shingle, Flat, Rubber
- Doors: Storm, Six Panel
- Building Size: 7000
- Year Built: 1938
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,400
- Lot Size Source: Assessor
- Lot Dimensions: 60.00 x 90.00
- Zoning: R-1
Financial Considerations
- Price Per Sq. Ft.: $214.14
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $317,100
- Tax Amount: $9,779
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: all appliances in as is condition
- Investment: Yes
- Lot Number: 24
Listed by BHHS Fox & Roach-Washington-Gloucester, Andrew T Baus
Get Pre-Approved Today
Schools
Schools serving 115 W Poplar
School District:Wildwood City School District
| Name | Grades | Distance |
|---|---|---|
Glenwood Ave Elementary School Glenwood & New York Ave, Wildwood, NJ 08260 | PK-5 | 0.1 mi |
Wildwood Middle School 4300 Pacific Avenue, Wildwood, NJ 08260 | 6-8 | 0.7 mi |
Wildwood High School 4300 Pacific Avenue, Wildwood, NJ 08260 | 9-12 | 0.7 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 115 W Poplar
Date
Details
Price
Change
Source
3/29/2026
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 W Poplar
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,516
2%
$317,100
—
2023
$9,288
3%
$317,100
—
2022
$8,980
3%
$317,100
—
2021
$8,736
34%
$317,100
—
2021
$6,501
-18%
$317,100
—
2018
$7,924
4%
$317,100
—
2017
$7,591
3%
$317,100
—
2016
$7,369
2%
$317,100
—
2015
$7,252
-12%
$317,100
—
2019
$8,226
25%
$317,100
—
2013
$6,569
—
$317,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 W Poplar
115 W Poplar, Wildwood, NJ 08260 (MLS# NJCM2007020) is a Apartment property. 115 W Poplar is currently listed for $1,499,000 and was received on March 29, 2026. Want to learn more about 115 W Poplar? Do you have questions about finding other Apartment real estate for sale in Wildwood? You can browse all Wildwood real estate or contact a Coldwell Banker agent to request more information.

