115-117 W POPLARWILDWOOD, NJ 08260

Commercial · 6,000 Sq. ft. | 0.12 Acres
$1,850,000 ACTIVE

115-117 W POPLAR Overview

Time on Site:
39 days
Visits:
10

Rare opportunity to acquire a Fully renovated 7-unit multifamily property across two separate buildings in the heart of Wildwood. This unique offering includes five 1-bedroom apartments and 1 3 bedroom unit and a 2 bedroom unit with screened in porch.roviding a strong mix of rental options appealing to both seasonal and year-round tenants. Both buildings are in excellent exterior condition and feature recently installed new roofs, minimizing immediate capital expenses. The property also includes on-site laundry, adding convenience for tenants and additional income potential. While the interiors could benefit from cosmetic updates, this presents a significant value-add opportunity for investors to modernize units and substantially increase rental income. there is clear upside through strategic renovations, improved management, and potential repositioning for higher-end seasonal or annual rentals. Located in a high-demand shore market with strong rental activity, this property offers both immediate income and long-term appreciation potential. Ideal for investors looking to capitalize on upside while owning a well-maintained asset in a prime coastal location.

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115-117 W POPLAR Facts & Features

  • Type Commercial
  • Sq. ft. 6,000
  • Price/Sq.ft. $308
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Income Includes: Apartment Rentals

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1938

Business Information

  • Business Type: Apartment Building,Bed and Breakfast

Location/Region

  • Country: US
  • County: CAPE MAY
  • County Or Parish: CAPE MAY
  • MLS Area Major: Wildwood City (20514)

Parking Information

  • Total Parking Spaces: 3
  • Type of Parking: Driveway,Parking Lot

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $9,779.00
  • Tax Assessed Value: 317100.00
  • Tax Year: 2025

General Information

  • Exclusions: debris from renovations
  • Inclusions: all appliances
  • Property Condition: Excellent
  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: WILDWOOD CITY SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: R-1

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 6000.00
  • Central Air: No
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Flooring: Ceramic Tile, Laminate Plank, Luxury Vinyl Plank

Exterior

Building Information

  • Total Loading Docks: 0

Parking Information

  • Parking Features: Private, Paved Parking

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 60.00 x 90.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5400.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame
  • Roof: Architectural Shingle, Rubber

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Water Access: No

115-117 W POPLAR Neighborhood

Community

08260 (North Wildwood) Demographics

57
Median Age
506
Population Density (per sq. mile)
36%
College Educated
$55,551
Estimated Median Income
4,204
Estimated Total Home Owners
2,047
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

115-117 W POPLAR Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

115-117 W POPLAR Market Data

Based on the last 30 days in this zip code

$928,701
Average List Price
$568
Average Price per Square Foot
9
Properties Sold
117
Average Days on Market
63
Properties for Sale
Calculations provided by Reliance Network

115-117 W POPLAR History

Date Event Value Agent
5/21/2026Source: BRIGHT MLS Added to Database
May 21, 2026
Andrew Baus
Listing Agent
Listing provided courtesy of BHHS Fox & Roach-Washington-Gloucester- MLS# NJCM2007374MLS ProviderContact Information: 8562278900