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$230,000
Active
518 Monroe Avenue Overview
- Time on Site:
- 24 days
- Visits:
- 2
Investor Opportunity in Woodbine Borough, Cape May County! Attention Investors, contractors, and handy buyers! This property is situated on an oversized 157 x 100 lot and offers endless potential renovation, expansion or investment. Featuring 3 Bed, 2 baths, this home is ready for someone with vision to bring it back to life. The photos provided have been virtually enhanced to illustrate te property's potential after improvements. Whether you are looking for your next project, a rental investment, or a home to customize to your own taste, this property presents an exciting opportunity. Conveniently located in Woodbine with easy access to area amenities, shore destinations and major roadways. Property is being sold As-Is. Buyer responsible for all inspections, resale co certifications, certifications and due diligence.
Listing provided courtesy of Keller Williams Preferred Properties, Ship Bottom- MLS# 22616842
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518 Monroe Avenue Facts & Features
- Type Single Family
- Sq. ft. 1,472
- Price/Sq.ft. $156
- Lot 0.36 Acres
Details
General
Association/HOA
- Association: No
Building Information
- Year Built: 1955
Location/Region
- County Or Parish: Cape May
- MLS Area Major: None
- MLS Area Minor: Woodbine (WDB)
- Subdivision Name: None
Tax Information
- Tax Annual Amount: $2,922.00
- Tax Assessed Value: $170,700.00
- Tax Year: 2025
General Information
- Parcel Number: 16-00070-0000-00010
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total: 2
- Bedrooms Total: 3
Building Interior
- Building Area Total: 1472.0
General Information
- Basement: Unfinished, Dirt Floor, Other
- Fireplace: No
- Fireplaces Total: 0
- Living Area: 1472.0
- Rooms Total: 0
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway
Lot Information
- Lot Features: Back to Woods
- Lot Size Acres: 0.36
- Lot Size Area: 0.36
- Lot Size Dimensions: 100 x 157
- Lot Size Square Feet: 15681.6
- Lot Size Units: Acres
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Craftsman
- Attached Garage: No
- Roof: Shingle
518 Monroe Avenue Neighborhood
Community
08270 (WOODBINE) Demographics
42
Median Age
69
Population Density (per sq. mile)
31%
College Educated
$74,776
Estimated Median Income
2,339
Estimated Total Home Owners
772
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
518 Monroe Avenue Monthly Cost
518 Monroe Avenue Market Data
Based on the last 30 days in this zip code
$227,336
Average List Price
$164
Average Price per Square Foot
1
Properties Sold
157
Average Days on Market
11
Properties for Sale
518 Monroe Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/5/2026Source: BRIGHT MLS | June 05, 2026 |