500 W GLENWOOD AVE Wildwood, NJ 08260 New

UPDATED: 11/07/2026 06:37 PM ON MARKET: 1 days on market

$949,000

8 Beds4 Baths3,828 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,828 sqft

Price per Sqft $247

Subdivision West Wildwood

MLS Listing ID NJCM2008394

Style Other

Bedrooms 8

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 3,828

Year Built 1960

Annual Tax Amount $8,657

Tax Year 2026

Lot Size 4,818 Sqft

Acres 0.11

Lot Dimensions 56 x 86

Property Sub-Type Detached

Source BRIGHT

Property Description

INVESTMENT & DEVELOPMENT OPPORTUNITY IN WILDWOOD!
Located just steps from the bay, 500 W. Glenwood Avenue offers more than 3,800 sq. ft. of living space and tremendous potential for investors, developers, and builders.

Currently configured as a triplex, the property features three spacious units: a 3-bedroom/2-full-bath apartment, a 3-bedroom/1-bath apartment, and a 2-bedroom/1-bath apartment. The property has been operated as a rental investment, generating approximately $70,000 in combined annual rental income.

With its desirable Wildwood location near the bay, this property offers multiple possibilities for the next owner. Renovate and reposition the existing units as an income-producing rental property, explore the potential for condominium conversion, or redevelop the site with new construction.

The property will be delivered vacant and sold strictly AS-IS, giving the new owner the flexibility to begin renovations or redevelopment without existing tenant occupancy.

A rare opportunity to acquire a large multi-unit property in Wildwood with existing income history, more than 3,800 sq. ft. of living area, and significant value-add and redevelopment potential. Ideal for the investor or builder looking to capitalize on one of the Jersey Shore's most popular destinations.

Buyer responsible for conducting all due diligence regarding permitted uses, zoning, condominium conversion, redevelopment, and new construction possibilities with the appropriate municipal authorities.


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