225 E Wildwood Ave # 501, Wildwood, NJ 08260

Studio, 1 bath
Off Market
Zestimate®: $223,325
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Located right in the center of Wildwood, this condo is just 1.5 blocks from the beach and boardwalk and close to restaurants, taverns, clubs, water parks and more. This Diplomat efficiency unit features one double bed, living and dining area, spacious closet, kitchen and a full bath with tub and is sold furnished (wall art and kitchenette dining set excluded). This unit is located at the top level, away from the pool noise. With new wall air-conditioning unit, replaced in 2013, you can stay cool in those hot summer days and nights. This condominium association offers on-site management which handles rentals for owners. Other ameneties include elevated heated pool with sun deck, elevator, laundry facilities, clubroom with video games and drink & snack vending, maid service and plenty of parking. The condo fees are $156.80 per month and include water, sewer and exterior insurances and there is monthly assessment fee of $27 which contributes to the repayment of a loan taken by the condo association several years ago to make significant building improvements. This is a nice little rental unit and it does great in the rental program. The building is seasonal, opening in April and closing in November. There is a one time non refundable fee for new owners to join the association. Conventional financing available, contact Rali Lees for details - 609-408-9031(cell) or e-mail at rallies@comcast.net.  MoreLess
 
Facts
  • Condo
  • Built in 1969
  • HOA Fee: $157
  • Cooling: Other
  • Heating: Forced air
  • Laundry: Shared
  • Parking: Off street, On street
Features
  • Cable Ready
  • Elevator
  • Pool
Additional Features
  • Clubhouse
Appliances Included
  • Microwave
  • Range / Oven
  • Refrigerator
Other
  • Zillow Home ID: 2108986123
Home Values
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$223,325
-$50,554 Last 30 daysd
$179K
$261K
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Neighborhood for 225 E Wildwood Avenue # 501

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Zillow predicts 08260 home values will decrease 4.4% next year, compared to a 4.3% fall for Wildwood as a whole.

Foreclosures will be a factor impacting home values in the next several years. In the 08260 market, the number of foreclosures waiting to be sold dropped 8.8% in the last year. The number of unsold foreclosures is 10% less than in Wildwood, and 73.1% less than the national average. This lower local number could help 08260 home values rise more quickly than other regions in Wildwood.

Learn more about forecast calculations or 08260 home values.
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