406 Monterey #201, Wildwood, NJ 08260 - Photo 1

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$435,000

For Sale
Under Contract
Condo
1 Bed
1 Full Bath
400 Sq. Ft.

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Property Description

Oceanfront living meets smart investing! Don't miss this 2nd-floor condo in desirable Wildwood Crest, offering ocean views, family-friendly amenities, and proven rental potential. This seasonal 1-bedroom, 1-bath unit (large enough to fit 2 FULL SIZE beds AND IS INCLUDED IN THE SALE) features a bright living room and kitchen combination with space for seating, family meals, and views of the ocean right from your window. The bedroom has new hardwood flooring, and the full bath includes a tub for added comfort. On-site perks include a pool, shared Oceanview deck (with only one other unit), grills, ping-pong table, and an assigned off-street parking spot. This condo isn't just a retreat but a proven income producer - generating just under $25,000 in rental income this past year! Seasonal rentals can cover mortgage and HOA costs, with potential for net income, and the HOA even offers rental management for convenience. Located just 10 minutes from Cape May and 5 minutes from Morey's Pier and the Wildwood Boardwalk, this Monterey Avenue gem is the perfect blend of vacation escape and investment opportunity!

Full Property Details

Full Property Details for 406 Monterey #201

General

Price: $435,000
HOA FEE: $277/month
HOA FEE FREQ.: Quarterly
Taxes: $3,511 (2024)
Status: Under Contract
Type: Condo
Source: BrightMLSPhilly
MLS ID: NJCM2005972
Updated: 2/7/2026
Added to Site: 154 day(s) ago

Interior

Interior Features: Combination Kitchen/Living, Kitchen - Efficiency, Upgraded Countertops, Wood Floors
Furnished: Yes
Flooring: Wood, Ceramic Tile

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 1
Bedrooms Main & Up: 1

Additional Information

Shared Amenities: Beach, Common Grounds, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Other
Shared Pool: Yes
Pool: Yes

Exterior

Exterior Features: BBQ Grill, Outside Shower

Parking

Total Spaces: 1
Parking Features: Paved Parking
Parking Type: Off Street

Location

Area: Wildwood Crest Boro (20515)
Municipality: WILDWOOD CREST BORO
County: CAPE MAY
Subdivision: NONE AVAILABLE
Driving Directions: Seaview Ave to Monterey Ave- unit is on right hand side
Location Details: Oceanfront

School Information

School District: Wildwood Crest Schools

Community

Assoc. Fees Include: Water, Sewer, Trash, Pool(s), Insurance, Parking Fee
Pets Allowed: Yes
Pets: Number Limit

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Electric
Water Heater: Other

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Other
Structure Type: Garden 1 - 4 Floors
Construction: Block
Entry Floor Number: 2
Stories Description: Main
Square Feet: 400
Sq. Ft. Source: Assessor
Living Area: 400 Sq. Ft.
Finished Above Grnd: 400 Sq. Ft.
Year Built: 1953
Year Built Source: Assessor
Property Condition: Very Good

Lot Features

Property View: Ocean
Lot Dimensions: 331.00 x 0.00
Zoning: M-1B
Lot Description: Poolside

Water Features

Water View: Yes

Financial Considerations

Price Per Sq. Ft.: $1,087.5
Condo Fee: $831
Condo Fee Freq: Quarterly
Assessment Year: 2024
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $246,100
Tax Amount: $3,511
Tax Year: 2024
Tax Total Finished Sq. Ft.: 400

Disclosures and Reports

Ownership: Condominium
Condo: Yes
Inclusions: Range, Microwave, Refrigerator, Window Treatments, Furniture
Lot Number: 00006 02

Buyer's Brokerage Compensation: Contact Listing Agent

Not binding unless confirmed by separate agreement among applicable parties.

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Meet the listing agent

— 406 Monterey #201 —

Nicholas "Nick" Strom

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(856) 979-9155 mobile

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Schools

Schools serving 406 Monterey #201

School District:Wildwood Crest Borough School District

Name	Grades	Distance
Crest Memorial Elementary School 9100 Pacific Avenue, Wildwood Crest, NJ 08260	PK-8	0.5 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 406 Monterey #201 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/27/2025

Price Reduced

$435,000

-6.45%

MLS

9/22/2025

Listed

$465,000

—

MLS

Get Price Alerts and Save Property

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 406 Monterey #201

Year

Property Taxes

Change

Tax Assessment

Change

2024

$3,512

4%

$246,100

—

2022

$3,362

3%

$246,100

—

2021

$3,263

4%

$246,100

—

2019

$3,148

2%

$246,100

—

2018

$3,096

2%

$246,100

—

2017

$3,034

3%

$246,100

—

2016

$2,938

2%

$246,100

—

2015

$2,894

4%

$246,100

—

2013

$2,776

—

$246,100

—

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 406 Monterey #201

824 Stockton Ave, Cape May, NJ 08204 - Photo 1

Just Listed

$2,750,000

824 Stockton Ave Cape May, NJ 08204

Single Family
Active
Updated 2 days ago

6
Beds
6
Total Baths
3,114
Sq. Ft.

Listed by Century 21 Gilmartin & Company, Joseph T Gilmartin

217 Beach Ave, Cape May, NJ 08204 - Photo 1

Just Listed

$635,000

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Condo
Active
Updated 2 days ago

1
Bed
1
Total Bath
624
Sq. Ft.

Listed by Century 21 Gilmartin & Company, Joseph T Gilmartin

3305 Bayshore Rd, Cape May, NJ 08204 - Photo 1

Just Listed

$10

3305 Bayshore Rd #9/10 Cape May, NJ 08204

Commercial Lease
Active

Listed by BHHS Fox & Roach-Northfield, Richard Baehrle

211 Bayberry Dr, Cape May, NJ 08210 - Photo 1

Just Listed

$5,000

211 Bayberry Dr #E/F Cape May, NJ 08210

Commercial Lease
Active

Listed by BHHS Fox & Roach-Northfield, Richard Baehrle

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Price Reduced

-$10,000 (-3.08%)

$315,000

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Condo
Active
Updated 2 days ago

1
Bed
1
Total Bath
360
Sq. Ft.

Listed by RE/MAX at the Sea, William McFalls Jr.

506 Adriatic Ave, Cape May, NJ 08204 - Photo 1

506 Adriatic Ave Cape May, NJ 08204

Single Family
Active
Updated 4 days ago

2
Beds
1
Total Bath
1,076
Sq. Ft.

Listed by Balsley-Losco Realtors, Patricia Chiu

85 Millman Blvd, Villas, NJ 08251 - Photo 1

Price Reduced

-$24,900 (-7.12%)

$325,000

85 Millman Blvd Villas, NJ 08251

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,271
Sq. Ft.

Listed by Century 21 Forrester Real Estate, Michael A Giangiordano II

6 Lafayette Ave, Villas, NJ 08251 - Photo 1

6 Lafayette Ave Villas, NJ 08251

Single Family
Active
Updated 3 days ago

4
Beds
2
Total Baths
1,902
Sq. Ft.

Listed by HomeSmart First Advantage Realty, Beata Lagares and HomeSmart First Advantage Realty, Hakan Karahan

406 Monterey #201, Wildwood, NJ 08260 (MLS# NJCM2005972) is a Condo property with 1 bedroom and 1 full bathroom. 406 Monterey #201 is currently listed for $435,000 and was received on September 22, 2025. This property is listed by Nicholas "Nick" Strom from our Moorestown Office.Want to learn more about 406 Monterey #201? Do you have questions about finding other Condo real estate for sale in Wildwood? You can browse all Wildwood real estate or contact a Coldwell Banker agent to request more information.

406 Monterey #201 Wildwood, NJ 08260