406 E Magnolia Ave Wildwood, NJ 08260
Property details
About 406 E Magnolia Ave
Hold the phone! This is the golden opportunity that only comes around once in a blue moon!! This 5 unit rental machine on the beach block, steps from the famous Wildwood Boardwalk, has everything you're looking for in an investment property. The potential here for current J1 rentals, or air bnb, condo conversion.....this gem has it all. Multiple units allow for the owners to do as they please and reap the financial benefits of this beach block beauty. Bolstering a 5 unit with individual full kitchens, 12 bedrooms, 6 baths, updated tile, high efficiency instant hot water heater, and lots of potential...... Come get a look at this property while it lasts!
Highlights
(ACTIVE)
Summary
- MLS Number: 243149
- MLS Name: CapeMayCounty
- Office Name: SEA ISLE REALTY
- Office Phone: (609) 263-5301
- Listing Agent: Bradley Lemma
The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
Copyright © 2025 Cape May County Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 9:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,099,000
406 E Magnolia Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 20, 2022 | Home Sold | $500,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $279,000 | $8,171 |
| 2022 | $279,000 | $7,686 |
| 2021 | $279,000 | $7,686 |
| 2020 | $279,000 | $7,505 |
| 2019 | $279,000 | $6,972 |
History based on county public records data.
Nearby schools
1
Glenwood Avenue Elementary School
Public District PK-5
0.5 mi
•Glenwood & New York Ave
3
Stone Harbor Elementary School
Public District KG-4
5.3 mi
•275 93rd St
4
Middle Township Elementary #2
Public District 3-5
6.1 mi
•101 W Pacific Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,701. The majority of Wildwood, NJ residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC
Figure Skating
Soccer
Where do the neighbors shop?
Family Dollar
Chico's
Forever 21
Where do the neighbors go to eat?
Burger King
Bob Evans
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Mazda
What do the neighbors listen to?
Urban Contemporary
News
Rhythmic Contemporary Hits
Frequently asked questions
About 406 E Magnolia Ave
This home is located at 406 E Magnolia Ave in Wildwood, NJ and zip code 08260. Features: 14 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $1,099,000.
In February 2025 more than 2 listings in Wildwood, NJ were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 24 were sold below. Between January and February 2025, Wildwood, NJ real estate market has seen increase in the number of listings by 14.1%. In February 2025, listings were on the market for 124 days. During the same period, the median list price in this real estate market was $599,111.