305 E Leaming Avenue, Wildwood, NJ 08260 - Photo 1

1/1

$1,240,000

Sold
Closed
Multi-Family

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Property Description

Amazing Quadplex Investment Opportunity - **Actively booking for summer rentals!** Discover this incredible quadplex just half a block from the beach in the heart of Wildwood and only two blocks from the Crest! Whether you're an investor looking for strong rental income or seeking a perfect combination of personal use and investment, this property offers endless potential. Property Features: Unit 1: 5 Bedrooms, 3 Baths Unit 2: 4 Bedrooms, 2 Baths Unit 3: 2 Bedrooms, 1 Bath Unit 4: 1 Bedroom, 1 Bath With multiple units and flexible rental options, this property is ideal for short-term summer rentals and has existing bookings already in place! An investor could live in one unit while generating income from the others, covering the mortgage and maximizing returns. Located in a prime spot near the beach, boardwalk, and attractions, this is a rare opportunity to own a highly desirable shore investment property with proven income potential. Don't miss out on this fantastic opportunity-schedule a showing today!

Full Property Details

Full Property Details for 305 E Leaming Ave

General

Sold For: $1,240,000
Taxes: $12,697 (2024)
Status: Closed
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: NJCM2004630
Added to Site: 276 day(s) ago

Interior

Interior Features: Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Formal/Separate Dining Room, Kitchen - Eat-In, Recessed Lighting, Upgraded Countertops, Wood Floors
Flooring: Wood, Laminate Plank

Exterior

Exterior Features: Outside Shower, Street Lights
Porch/Patio/Deck: Balconies- Multiple

Parking

Carport Spaces: 2
Total Spaces: 6
Parking Features: Concrete Driveway, Private, Under Home Parking
Parking Type: Attached Carport, Driveway, On Street

Location

Area: Wildwood City (20514)
Municipality: WILDWOOD CITY
County: Cape May
Cross Streets: Ocean Ave
Driving Directions: From ocean ave turn right onto E. Leaming Ave, property on Right.
Location Details: Oceanside

School Information

School District: Wildwood City Schools

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Ductless/Mini-Split, Window Unit(s)
Cooling Fuel: Electric, Natural Gas
Heating Type: Central
Heating Fuel: Natural Gas, Electric
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Natural Gas Available, Electric Available, Cable TV Available, Phone Available, Water Available

Structural Information

Architectural Info: Dwelling with Rental
Architectural Style: Dwelling with Rental
Structure Type: Other
Construction: Frame
Foundation: Pilings, Block
Roof: Shingle, Flat
Walls/Ceilings: Dry Wall, High, Block Walls
Windows: Replacement, Vinyl Clad, Bay/Bow
Stories/Levels: 2
Square Feet: 3,612
Sq. Ft. Source: Assessor
Living Area: 3,612 Sq. Ft.
Finished Above Grnd: 3,612 Sq. Ft.
Year Built: 1950
Year Built Source: Assessor
Property Condition: Good

Unit Information

1 Bedroom Units: 1
2 Bedroom Units: 1

Lot Features

Property View: Ocean
Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 4,000
Lot Size Source: Assessor
Lot Dimensions: 40.00 x 100.00
Street/Road Desc.: Black Top
Lot Features: Year Round Access
Zoning: HM
Lot Description: Year Round Access

Water Features

Water View: Yes

Financial Considerations

Price Per Sq. Ft.: $333.33
Assessment Year: 2024
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $423,100
Tax Amount: $12,697
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 3612

Disclosures and Reports

Ownership: Fee Simple
Inclusions: 4 refrigerators , fully furnished
Lot Number: 4

Listed by Keller Williams Real Estate-Langhorne, Carolyn Jean Phillips
Sold by Metropolitan Regional Information Systems, Inc., Non Member

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Listing agent

— 305 E Leaming Ave —

Carolyn Jean Phillips

Keller Williams Real Estate-Langhorne

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NMLS#: 1598647

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Schools

Schools serving 305 E Leaming Ave

School District:Wildwood City School District

Name	Grades	Distance
Glenwood Ave Elementary School Glenwood & New York Ave, Wildwood, NJ 08260	PK-5	1.1 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 305 E Leaming Ave

Date

Details

Price

Change

Source

8/04/2025

Sold

$1,240,000

2.99%

MLS

4/15/2025

Listed

$1,204,000

—

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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Updated 3 days ago

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Bed
1
Total Bath
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Sq. Ft.

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Single Family
Active
Updated 3 days ago

4
Beds
4
Total Baths
3,500
Sq. Ft.

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Just Listed

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1
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Total Bath
1,000
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$595,000

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Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,360
Sq. Ft.

Listed by Keller Williams Prime Realty, Sarah Johnson

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Price Reduced

-$75,000 (-3.75%)

$1,925,000

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Commercial Service
Active

Listed by BHHS Fox & Roach-Washington-Gloucester, Andrew T Baus

1431 Burleigh Ave, Cape May, NJ 08210 - Photo 1

Price Reduced

-$15,999 (-2.99%)

$519,000

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Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,560
Sq. Ft.

Listed by Redfin, Brian Reese

669 Route 9, Cape May, NJ 08204 - Photo 1

Price Reduced

-$2,000 (-5.8%)

$32,500

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Mobile Home
Active
Updated 3 days ago

2
Beds
1
Total Bath
1,025
Sq. Ft.

Listed by EXP Realty, LLC, Frank M Punzi Jr. and EXP Realty, LLC, Samuel Punzi

23 Windsor Ave, Cape May, NJ 08204 - Photo 1

Price Reduced

-$50,000 (-2.86%)

$1,699,000

23 Windsor Ave Cape May, NJ 08204

Single Family
Active
Updated 6 days ago

2
Beds
3
Total Baths
1,188
Sq. Ft.

Listed by Cape May County Real Estate Brokers, LLC, Fredric Spackman

305 E Leaming Avenue, Wildwood, NJ 08260 (MLS# NJCM2004630) is a Multi-Family property that was sold at $1,240,000 on August 04, 2025. Want to learn more about 305 E Leaming Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wildwood? You can browse all Wildwood real estate or contact a Coldwell Banker agent to request more information.

305 E Leaming Ave Wildwood, NJ 08260

Full Property Details for 305 E Leaming Ave

General

Interior

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Lot Features

Water Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 305 E Leaming Ave

Price & Sales History for 305 E Leaming Ave

Just Listed near 305 E Leaming Ave

711 Ocean Ave #108 North Wildwood, NJ 08260

101 W 22nd Ave North Wildwood, NJ 08260

1917 Us-9 #T5 Cape May, NJ 08210

14 Thistle Ln Cape May, NJ 08204

Price Reduced near 305 E Leaming Ave

100 E 24th Ave North Wildwood, NJ 08260

1431 Burleigh Ave Cape May, NJ 08210

669 Route 9 #458 Cape May, NJ 08204

23 Windsor Ave Cape May, NJ 08204