Date
Details
Price
Change
Source
2/10/2026
Listed
$1,375,000
—
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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$1,375,000 Just Listed
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Property Description
Exceptional Income-Producing Opportunity in the Heart of Wildwood! available for seasonal rent at $90,000, offering flexibility for operators or investors evaluating multiple revenue strategies. The seller currently nets approximately $130,000 per season, demonstrating the property's exceptional earning power. Welcome to 120 E Schellenger Ave, a rare and fully renovated 14-private-room seasonal rental property offering outstanding income potential in one of the Jersey Shore's most desirable locations. Completely renovated in 2021, this turnkey asset delivers immediate cash flow with a strong and proven performance history. The property consists of 14 private rental rooms, 9 full bathrooms, two full kitchens, and a spacious common living room, all thoughtfully designed to support high-demand seasonal rentals. The layout maximizes occupancy and efficiency, making it ideal for investors seeking reliable and scalable income. Located just a short walk to the beach, boardwalk, dining, nightlife, and everything Wildwood has to offer, this unbeatable walkability is a major driver of its consistent seasonal demand and long-term value. Whether you're looking to expand your investment portfolio or acquire a proven shore rental with strong cash flow, 120 E Schellenger Ave represents a rare opportunity to own a high-performing, fully renovated income property in the heart of Wildwood.
Full Property Details
Full Property Details for 120 E Schellenger Ave
General
- Price: $1,375,000
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: NJCM2006738
- Updated: 2/10/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Hotel/Motel, Bed and Breakfast
Rental Information
- Lease/Rent Term: Other
Interior
- Flooring: Ceramic Tile, Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Restrooms: 9
Additional Information
- Security/Safety: Exterior Cameras, Main Entrance Lock, Smoke Detector
Parking
- Total Spaces: 20
- Parking Features: Public
- Parking Type: Off Site
Location
- Area: Wildwood City (20514)
- Municipality: WILDWOOD CITY
- County: CAPE MAY
- Subdivision: WILDWOOD CITY
- Driving Directions: gps
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: None
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt, Pitched, Shingle
- Stories/Levels: 2
- Building Size: 3360
- Aprox. Leasable: 3,360 Sq. Ft.
- Current Bldg. Use: Hotel/Motel
- Year Built: 1960
- Year Built Source: Assessor
- Property Condition: Excellent, Very Good
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,999
- Lot Size Source: Assessor
- Lot Dimensions: 40.00 x 100.00
- Zoning: PARZ
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $409.23
- City/TownTax Freq: Annually
- Owner Pays: All Utilities, Gas, Heat, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Services (All), Sewer, Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Other
- Exclusions: Personal Property
- Inclusions: All existing finishes and furnishings. Valued at $60, 000
- Purchase Optional: Yes
Listed by Keller Williams Realty - Washington Township, Thomas P. Duffy
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Listing agent
— 120 E Schellenger Ave —
Thomas P. Duffy
Keller Williams Realty - Washington Township
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 120 E Schellenger Ave
School District:Wildwood City School District
| Name | Grades | Distance |
|---|---|---|
Glenwood Ave Elementary School Glenwood & New York Ave, Wildwood, NJ 08260 | PK-5 | 0.3 mi |
Wildwood Middle School 4300 Pacific Avenue, Wildwood, NJ 08260 | 6-8 | 0.4 mi |
Wildwood High School 4300 Pacific Avenue, Wildwood, NJ 08260 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 E Schellenger Ave
Estimate the Cost
Estimate the Cost for 120 E Schellenger Ave
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- Single Family
- Active
- Updated 5 days ago
- 2Beds
- 1Total Bath
- 1,492Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 3Beds
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- Updated 1 day ago
- 3Beds
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- 1,055Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 408Sq. Ft.
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- Single Family
- Active
- Updated 14 hours ago
- 4Beds
- 2Total Baths
120 E Schellenger Avenue, Wildwood, NJ 08260 (MLS# NJCM2006738) is a Commercial Lease property. 120 E Schellenger Avenue is currently listed for $1,375,000 and was received on February 10, 2026. Want to learn more about 120 E Schellenger Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Wildwood? You can browse all Wildwood real estate or contact a Coldwell Banker agent to request more information.