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400 E Spencer Avenue

Wildwood, NJ 08260
  • $3,200,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 252840
UPDATED: 45 min ago
$3,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,000
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

Rare offering in the heart of Wildwood – a well-maintained beach block property featuring an expansive parking lot with capacity for 80–100 cars plus a 3-bedroom, 2-bath year-round apartment with living room and kitchen. The apartment roof has been recently replaced, and the property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents unlimited possibilities for developers and investors. Continue to operate the parking lot as a steady cash-flowing business while exploring plans for a future redevelopment project. Its location on the east side of Ocean Avenue offers direct proximity to the boardwalk, beach, and all of Wildwood’s attractions—ideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With fabulous growth and redevelopment opportunities in Wildwood, this property is perfectly positioned for both short-term returns and long-term vision. Don’t miss one of the last true beach block parcels of this size—an opportunity with endless potential.

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Listing information © 2026 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-01-19T12:49:38.93.
www.theoceansiderealtyteam.com/homes/168234723
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400 E Spencer Avenue Wildwood, NJ 08260

  • Price: $3,200,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 45 min ago
  • MLS #: 252840
0
Beds
0
Baths
0
½ Baths
N/A
Acres
20,000
SQFT
$160
$/SQFT
Neighborhood:
14-Wildwood City
Area:
Wildwood
Property Description
Rare offering in the heart of Wildwood – a well-maintained beach block property featuring an expansive parking lot with capacity for 80–100 cars plus a 3-bedroom, 2-bath year-round apartment with living room and kitchen. The apartment roof has been recently replaced, and the property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents unlimited possibilities for developers and investors. Continue to operate the parking lot as a steady cash-flowing business while exploring plans for a future redevelopment project. Its location on the east side of Ocean Avenue offers direct proximity to the boardwalk, beach, and all of Wildwood’s attractions—ideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With fabulous growth and redevelopment opportunities in Wildwood, this property is perfectly positioned for both short-term returns and long-term vision. Don’t miss one of the last true beach block parcels of this size—an opportunity with endless potential.
Exterior Features

Exterior BlockConcreteOther (See Remarks)Wood/Frame Frontage 200 Location Beach BlockBusiness DistrictBoardwalkOther (See Remarks)Water View Lot Size 100x200 Outside Features Storage BuildingSecurity Light/System Parking 11 Or More SpacesPaved

Interior Features

Cooling Wall Air Conditioning Flooring Other (See Remarks) Heating ElectricSolar Hot Water Electric Interior Features 220 Volt ElectricityLiving Space AvailableSmoke/Fire AlarmStorage Specialty Rooms Laundry RoomUtility Room

Property Features

Available Other (See Remarks) Bank Owned No Bay Proximity 4 Blocks Beach Proximity 1 Block Commercial Type Commercial/Industrial Financing Available Conventional Near beach & Bwalk New Construction No Possession closing Sale Or Rent For Sale Sewer City Subject To Third Party Approval No Tax Year 2024 Taxes 17545 Type CommercialIndustrialOther (See Remarks) Water City Zoned comm

© 2026 Cape May County Association of REALTORS® MLS. All Rights Reserved.
Listing provided courtesy of HOFFMAN AGENCY: 609-522-8177.


Listing information © 2026 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-01-19T12:49:38.93.
 
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5501 New Jersey Avenue
Wildwood Crest NJ, 08260