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$1,275,000

417 E Monterey Ave Wildwood Crest, NJ 08260

5 beds
3 baths
Multi-Family

Property details

About 417 E Monterey Ave

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. *

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(UNDER CONTRACT)
CoolingCeiling Fan(s)
Year built1955
MLS #251669

Summary

  • Total Bedroom Count: 5
  • Exterior: Deck, Patio, Porch
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)
  • List Price: $1,275,000
  • Annual Tax Amount: $9,618
  • Tax Year: 2024
  • Year Built: 1955
  • MLS Number: 251669
  • MLS Name: CapeMayCounty
  • Office Name: LEES REAL ESTATE
  • Office Phone: (609) 729-5108
  • Listing Agent: Jessica L. Lees

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: 7/28/2025, 2:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 01, 2019
Home Sold
$600,000
Dec 13, 2016
Home Sold
$557,500
Aug 21, 2007
Home Sold
$750,000

Tax history

YearAssessmentProperty Tax
2024$684,100$9,618
2022$684,100$9,071

History based on county public records data.

Nearby schools

1

Glenwood Avenue Elementary School

Public District PK-5

2.5 mi

Glenwood & New York Ave

3

Sandman Consolidated School

Public District 5-6

4.4 mi

838 Seashore Rd

4

Maud Abrams School

Public District 3-4

4.5 mi

714 Town Bank Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,063. Typical income of Wildwood Crest, NJ residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

42%
<35k
32%
35k-100k
14%
100k-200k
12%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
10%
Single, with Kids
33%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
42%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 417 E Monterey Ave

The listing price of 417 E Monterey Ave property is $1,275,000.

The property 417 E Monterey Ave is a multi located in Wildwood Crest, New Jersey, 08260.

Accepting Backup Offers: 417 E Monterey Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 417 E Monterey Ave are: Glenwood Avenue Elementary School (GreatSchools Rating 1/10), Sandman Consolidated School (GreatSchools Rating 3/10), Maud Abrams School (GreatSchools Rating 4/10), Crest Memorial School (GreatSchools Rating 3/10), Wildwood Middle School (GreatSchools Rating 2/10), Margaret Mace School (GreatSchools Rating 3/10), Wildwood High School (GreatSchools Rating 2/10), Lower Cape May Regional High School (GreatSchools Rating 4/10), Middle Township High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $9,618 (source: MLS/based on county public records data).

The last sale was on February 1, 2019 for $600,000 (source: MLS/tax record).

The year of construction for 417 E Monterey Ave is 1955.

This home is located at 417 E Monterey Ave in Wildwood Crest, NJ and zip code 08260. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $1,275,000.

Over 1 listings were sold over their listed price in June 2025 in Wildwood Crest, NJ. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Wildwood Crest, NJ between May and June 2025 decreased by 6.3%. While the average time on the market in June 2025 was 144 days, the median list price was $665,000.

From Rocket Homes Real Estate and based on county public records data.

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