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120 E Schellenger AvenueWildwood, NJ 08260Price: $1,200,000

  • Price: $1,200,000
  • Est. Mortgage of $/month
  • 121 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 14Bedrooms
  • 9Bathrooms
  • 3,360Square Feet
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.
Listed by Thomas P. Duffy of Keller Williams Realty - Washington Township

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • Date Listed02/19/2026
  • ZoningPARZ
  • MLS Area MajorWildwood City
  • UsmAreaWildwood - Wildwood City

Parking

  • Parking FeaturesPaved Parking, Public, Unassigned
  • Parking TypesOn Street

Location

  • Address120 E Schellenger Avenue
  • Area Total3,360
  • SubdivisionWildwood City
  • TownWildwood
  • StateNJ
  • Zip08260
  • CountyCape May

Exterior

  • RoofPitched, Asphalt, Shingle
  • FoundationSlab
  • Window FeaturesReplacement, Vinyl Clad
  • Exterior FeaturesExtensive Hardscape, Exterior Lighting, Gutter System, Sidewalks, Street Lights

Property Information

  • Lot Size Square Feet3,999
  • Above Grade Finished Area3360

Other

  • Other Structures ListShed
  • ExclusionsPersonal Property

Basic Information

  • MLS NumberNJCM2006834
  • Ownership InterestFee Simple
  • List Price$1,200,000
  • Square Feet3,360
  • Acreage0.09
  • Year Built1960
  • MLS Property TypeResidential
  • StatusACT

Building

  • ViewStreet
  • Door FeaturesInsulated, Six Panel
  • Rooms Total16
  • Interior Features2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting
  • Security FeaturesSmoke Detector, Exterior Cameras
  • Vacation Rental YNYes
  • High School DistrictWildwood City Schools
  • LocationTypeDowntown
  • Broker NameKeller Williams Realty - Washington Township
  • Building Number120
  • Federal Flood ZoneAE
  • IncorporatedcitynameWildwood City
  • DirectionsPreferred Navigation Tool
  • Main Level Total Baths6
  • Main Level Bedrooms8
  • Main Level Full Baths6
  • Upper Levels Total Full Baths3
  • Upper Levels Total Bedrooms6
  • Upper Levels Total Baths3
  • Upper Level1 Bedrooms6
  • Upper Level1 Full Baths3
  • Upper Level1 Total Baths3
  • Story ListMain, Upper 1
  • Structure Design TypeDetached
  • Construction MaterialsFrame, Vinyl Siding
  • Property StyleCoastal
  • Bedrooms14
  • Full Bath9
  • Bathroom9
  • Laundry TypeNone
  • Levels2
  • Patio And Porch FeaturesPatio(s)

Tax Information

  • Total Taxes Payment FrequencyQuarterly
  • Tax Total Finished Sq Ft3,360
  • Tax Assessment Amount278500
  • Tax Year2025
  • Taxes$8,588
  • County Tax Payment FrequencyAnnually
  • Assessment Year2025

Property

  • Property ConditionVery Good, Excellent
  • Lot Size Dimensions40.00 x 100.00
  • New Construction YNN

Interior

  • FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances IncludedOven/Range - Gas, Refrigerator, Water Heater
  • CoolingWindow Unit(s)
  • FurnishedYes

Utilities

  • Water SourcePublic
  • SewerPublic Sewer
  • Cooling FuelElectric
  • Water HeaterNatural Gas
  • Heat SystemNone

Amenities

  • PoolNo Pool
  • Accessibility Amenities36"+ wide Halls
  • PricePerSqFt357

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 19, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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