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Under contract
  • Price cut: $95K (6/30)
    $1,275,000

    417 E Monterey Ave, Wildwood Crest, NJ 08260

    5beds
    1,728sqft
    : 
    Duplex
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $738/sqft
    $-- HOA

    What's special

    Eat-in kitchenCentral airRecessed lightsBeach blockGas heatRear deckEnclosed outside shower
    OPEN HOUSE THIS WEEKEND! SATURDAY, JULY 5TH FROM 11AM - 1PM! Rare Opportunity - Beach Block Duplex - THIRD PROPERTY from the beach! You cannot compete with the incredible location of this duplex, situated just a few doors down from the stunning, white sandy beaches of Wildwood Crest. This building was renovated in recent years, and is the ideal situation for living in one unit while renting the other, or rent both units to generate a terrific income. Other options include sharing the property with another buyer or the property would be suitable for a condo conversion! There are endless possibilities for current and future uses for this property. The first floor welcomes you with a front porch with ocean views. Inside is a spacious living room and eat-in kitchen with ceramic tile flooring and stainless steel appliances. These spacious units also have recessed lights and ceiling fans. With 3 bedrooms and 2 full bathrooms, in unit washer/dryer and on demand hot water heater, this is a desirable rental unit. The second floor includes a living room with front deck offering tremendous ocean views, eat-in kitchen with washer/dryer, and 2 bedrooms with full bath. There is also a huge rear deck with plenty of room for lounging in the sun. In this unit, the living room and kitchen both have tile floors, recessed lighting and ceiling fans. Both units have gas heat and central air for year round comfort. You'll appreciate updates such as vinyl siding, newer decks with vinyl railings and clear glass panels for unobstructed views and a modern aesthetic. There is a driveway for plenty of parking, and the rear yard is concrete and offers entertaining space and / or additional parking. A storage shed, enclosed outside shower and separate meters for electric rounds out this incredible property. There are summer rentals booked in both units throughout the summer of 2025. The total income for 2024 was about $55,000 while the expected income for 2025 is $57,000+, with the opportunity to rent additional weeks that are reserved by owner for family use. Act quickly - opportunities to own properties in a location such as this simply do not become available often! * Sale is subject to seller closing on replacement property which has already been identified. *
    55 days
    on Zillow
    |
    1,355
    |
    44
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 06:46am

    Listed by:

    Jessica L. Lees 609-408-4656,

    LEES REAL ESTATE

    Source: CMCAOR,MLS#: 251669MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Living Room
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Eat-in Kitchen, Storage
    • Basement: Crawl Space
    • Furnished: Yes
    Interior area
    • Total structure area: 1,728
    • Total interior livable area: 1,728 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 Car, Concrete
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio, Deck, Enclosed/Cov. Patio, Porch
    • Exterior features: Sidewalks, Outdoor Shower
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water View,Water
    Lot
    • Size: 3,600 Square Feet
    • Dimensions: 40 x 90
    • Features: Beach Block, Interior Lot
    Details
    • Additional structures: Storage
    • Parcel number: 1500118020001502
    • Zoning: M-1B

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Electric: Separate Meter(s)
    • Gas: Separate Meter(s)
    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: Wildwood Crest

    Financial & listing details

    • Price per square foot: $738/sqft
    • Tax assessed value: $684,100
    • Annual tax amount: $9,762
    • Date on market: 6/9/2025
    • Inclusions: Blinds, Furniture
    • Total actual rent: 55000
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