www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29663837
29663847

120 E Schellenger Avenue, Wildwood, NJ 08260

JF
NJ 1538790
Keller Williams Realty - Washington Township
Listed by Keller Williams Realty - Washington Township
$1,375,000
146 days on market
Updated 1 day ago
Opportunity zone

120 E Schellenger Avenue

Details
Property Type Hospitality, Land
Sub Type Hotel, Commercial (+1)
Square Footage 3,860
Net Rentable (SqFt) 3,360
Units 14
Cap Rate 9.45%
NOI $130,000
Price per SqFt $356
Broker Co-Op Yes
Class C
Year Built 1960
Year Renovated 2021
Buildings 1
Stories 2
Zoning PARZ
Investment Type Owner/User
Occupancy Date 05/25/2026
Ownership Fee Simple

Seasonal Room Rentals at the Jersey Shore!

Marketing description

Are you looking for the perfect Shore Investement? This property offers exceptional income potential in only 6 months . Property could be delivered fully rented if desired . The property was renovated in 2021, this rare 14-room seasonal building blends comfort, flexibility, and strong rental appeal just steps from the beach and boardwalk. It features 14 private rental rooms, 9 full bathrooms, a shared living room, and two full kitchens in one large open space—perfect for group living, meal prep, and communal gatherings. The smart layout maximizes occupancy and creates a welcoming environment for seasonal renters, travel workers, and especially J-1 student housing, which remains in high demand in Wildwood. With potential earnings of over $130,000 per season, plus an option for seasonal rental at $90,000 (MLS 260300), this property offers multiple revenue streams. Its prime location near restaurants, nightlife, and top attractions ensures consistent demand and lasting value—a standout opportunity for investors seeking a high-performing property in one of the Shore’s most sought-after destinations. SELLER INCENTIVE!

Investment highlights

Exceptional Income-Producing Opportunity in the Heart of Wildwood! 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. The seller currently nets approximately $130,000 per season, demonstrating the property’s exceptional earning power. The property is also available for seasonal rent at $90,000, offering additional flexibility for operators or investors evaluating multiple revenue strategies. 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.

Icon
Powered by Cape May County Association Of Realtors
Learn More

Listing Contacts

JF
NJ 1538790
Keller Williams Realty - Washington Township
Listed by Keller Williams Realty - Washington Township

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,000.00
$10,833.33/mo

Valuation Metrics

0
DSCR
9.45%
Cap Rate
9.45%
ROI

Map

Zoning

Intelligence Badge
PARZ PlannedPacific Avenue Redevelopment
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 1 uses
View all 1 uses
Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jill Fluharty
License
1538790
Brokerage
Keller Williams Washington Twp
Brokerage Phone
8562183400
Title
Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591