Properties » Wildwood » 120 E Schellenger Avenue

120 E Schellenger Avenue, Wildwood, NJ 08260 – Commercial Property for Sale

120 E Schellenger Avenue, Wildwood, NJ 08260

$1,200,000 $1,375,000 PRICE REDUCED
Active
3,860
Sq Ft
1960
Year Built
76
Days Listed

Property 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!

Property Details

MLS #260299
StatusACTIVE
Property TypeHotel
Living Area3,860 sqft
Year Built1960
Price / Sq Ft$311

Lot Information

Lot Dimensions.09

Financial Information

Annual Taxes$8, 588 (2025)

Location

AreaWildwood
CityWildwood
Township14-Wildwood City
CountyCape May County
StateNJ
Zip08260
Block21
Lot172

Listing Information

MLS #260299
ListedFeb 3, 2026
Days on Market76

Location Map

Contact Agent

S
Shore Points Realty

Quick Facts

Type: Hotel
Built: 1960
Taxes: $8,588/yr

Choose Shore Points Realty to be your buyer agent for this listing.

Listing is provided by KELLER WILLIAMS REALTY - Washington Twp. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

Listing information is deemed reliable but not guaranteed. All measurements are approximate.

Last updated: April 21, 2026 11:00 am