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

1/1

$390,000

Sold
Closed
Condo
1 Bed
1 Full Bath
400 Sq. Ft.

1/1

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

Sold For: $390,000
HOA FEE: $277/month
HOA FEE FREQ.: Quarterly
Taxes: $3,511 (2024)
Status: Closed
Type: Condo
Source: BrightMLSPhilly
MLS ID: NJCM2005972
Added to Site: 218 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
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 400

Disclosures and Reports

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

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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 406 Monterey #201

Date

Details

Price

Change

Source

3/30/2026

Sold

$390,000

-10.34%

MLS

10/27/2025

Price Reduced

$435,000

-6.45%

MLS

9/22/2025

Listed

$465,000

—

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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406 Monterey #201, Wildwood, NJ 08260 (MLS# NJCM2005972) is a Condo property that was sold at $390,000 on March 30, 2026. This property was 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