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217-221 E Burk AvenueWildwood, NJ 08260Price: $2,295,000

  • Price: $2,295,000
  • Est. Mortgage of $/month
  • 75 Days on Market
$
$
%
$/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.
  • $2,295,000List Price
  • 6,000Square Feet
Builders, investors, and operators-don't miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood's most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.
Listed by John Rinick of Prime Realty Partners

Driving Directions

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

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More Info

Location Information

  • UsmAreaWildwood - Wildwood City

School Information

  • High School DistrictWildwood City Schools
  • School District SourceListing Agent

Parking

  • Parking TypesParking Lot, On Street

Basic Information

  • Date Listed04/06/2026

Building

  • Construction MaterialsBlock, CPVC/PVC, Frame, Glass, Vinyl Siding
  • FoundationSlab
  • One Bedroom Units1
  • Property StyleCoastal
  • Square Feet6,000
  • Structure Design TypeDetached
  • Two Bedroom Units8
  • Year Built1960
  • Year Built Effective2024

Utilities

  • CoolingDuctless/Mini-Split
  • Cooling FuelElectric
  • Heat SystemOther
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NamePrime Realty Partners
  • List Price$2,295,000
  • MLS Area MajorWildwood City
  • MLS NumberNJCM2007082
  • MLS Property TypeResidential Income
  • Price Per Square Foot383
  • StatusACT
  • Units1
  • Units FurnishedAll

Property

  • Acreage0.18
  • Lot DescriptionAdditional Lot(s)
  • Lot Dimensions SourceEstimated
  • Lot Size Dimensions80.00 x 100.00
  • Lot Size SourceEstimated
  • Lot Size Square Feet8,000
  • New Construction YNN
  • Property ConditionExcellent, Very Good, Good
  • Property SubTypeOther
  • ZoningPARZ
  • Zoning Description9 Condominiums and one Lot all in one sale

Amenities

  • PoolNo Pool

Tax Information

  • Assessment Year2025
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$114,700
  • Tax Lot5
  • Tax Year2025
  • Taxes$31,148
  • Total Taxes Payment FrequencyAnnually

Location

  • Address217-221 E Burk Avenue
  • Building Number217-221
  • CountyCape May
  • Directionsgps
  • IncorporatedcitynameWildwood City
  • Living Area SourceEstimated
  • StateNJ
  • SubdivisionWildwood
  • TownWildwood
  • Zip08260

Exterior

  • RoofFlat

Property Information

  • Area Total6,000
  • Area Total SourceEstimated
  • Below Grade Area Total SourceEstimated

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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