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405 OCEAN AVENUE, UNIT 206, NORTH WILDWOOD
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6 J Avenue, West Wildwood, NJ -
Sold
Sold Price:
$450,000
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Sold Date:
04/10/2026
Beds:
5
Baths:
2
Type:
Duplex
Lot:
3,202
DOM:
132 Days
PROPERTY DESCRIPTION
Unlock the potential of this income generating, two-story duplex offering tremendous built-in upside. The spacious first-floor unit (960 sq ft) features 3 bedrooms, 1 bath, a large eat-in kitchen, comfortable living room, in-unit laundry, and a 24' x 8' enclosed porch. Currently rented month-to-month at $1,050 with area comps supporting rents around $2,100 after updates. The second-floor unit (906 sq ft) includes 2 bedrooms, 1 bath, a bright eat-in kitchen, and a cozy living room, and is currently occupied by family at no rent, giving new owners full flexibility. Similar units are renting for approximately $1,400 per month. With strong rental demand and a projected stabilized income of $3,500 and up per month once improved, this property offers a clear value-add opportunity through cosmetic and functional upgrades. Whether you choose to live in one unit while renovating the other or bring both to market as high-performing rentals, the cash-flow potential far outweighs the upfront work. This duplex is more than a property it s a meaningful equity building opportunity ready to be unlocked. Home being conveyed in "As Is" condition.
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FEATURES
Porch
Cable TV
Sidewalks
Living Room
Kitchen
Laundry/Utility Room
Heating:Gas Natural
Conventional
Veterans ADM
3 Car
Heater:Gas
Cooling:Wall Air Conditioning
MAP / LOCATION
Last Database Update:
//04/19/2026 04:15:09
ADDITIONAL PROPERTY PICTURES
Let Don Martin Realty be your buyer agent for this listing. Listing is provided by HOMESTEAD REAL ESTATE CO. INC.. 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.
Vacation Rentals:
609-522-3366
Sales / Real Estate:
609-729-8855
421 W. Spruce Avenue
, North Wildwood
© Don Martin Realty / Don Martin Vacation Rentals - All Rights Reserved.
Specializing in Vacation Rentals & Real Estate Properties in
North Wildwood, Wildwood, Wildwood Crest & Diamond Beach New Jersey.
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