406 Monterey 201 Wildwood Crest, NJ 08260

$435,000
1
Beds
1
Baths
400
SQFT
1088
$/SQFT
$435,000
1
Beds
1
Baths
400   sf
$1088 / sf
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active
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Oceanfront living meets smart investing! Don’t miss this 2nd-floor condo in desirable Wildwood Crest, offering ocean views, family-friendly amenities, and proven rental potential. This seasonal 1-bedroom, 1-bath unit (large enough to fit 2 FULL SIZE beds AND IS INCLUDED IN THE SALE) features a bright living room and kitchen combination with space for seating, family meals, and views of the ocean right from your window. The bedroom has new hardwood flooring, and the full bath includes a tub for added comfort.On-site perks include a pool, shared Oceanview deck (with only one other unit), grills, ping-pong table, and an assigned off-street parking spot. This condo isn’t just a retreat but a proven income producer — generating just under $25,000 in rental income this past year! Seasonal rentals can cover mortgage and HOA costs, with potential for net income, and the HOA even offers rental management for convenience. Located just 10 minutes from Cape May and 5 minutes from Morey’s Pier and the Wildwood Boardwalk, this Monterey Avenue gem is the perfect blend of vacation escape and investment opportunity!

Oceanfront living meets smart investing! Don’t miss this 2nd-floor condo in desirable Wildwood Crest, offering ocean views, family-friendly amenities, and proven rental potential. This seasonal 1-bedroom, 1-bath unit (large enough to fit 2 FULL SIZE beds AND IS INCLUDED IN THE SALE) features a bright living room and kitchen combination with space for seating, family meals, and views of the ocean right from your window. The bedroom has new hardwood flooring, and the full bath includes a tub for added comfort.On-site perks include a pool, shared Oceanview deck (with only one other unit), grills, ping-pong table, and an assigned off-street parking spot. This condo isn’t just a retreat but a proven income producer — generating just under $25,000 in rental income this past year! Seasonal rentals can cover mortgage and HOA costs, with potential for net income, and the HOA even offers rental management for convenience. Located just 10 minutes from Cape May and 5 minutes from Morey’s Pier and the Wildwood Boardwalk, this Monterey Avenue gem is the perfect blend of vacation escape and investment opportunity!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Cape May
  • Area
    Wildwood Crest Boro
  • HOA Dues
    $277/mo
  • Tax Amount
    $3,511
  • Status
    Active
  • Listing #
    NJCM2005972
  • Built
    1953
  • Listed on site
    65 days
  • Listing Agent Id
    301874420255

Listed by:
Coldwell Banker Realty

Source:
BRIGHT MLS

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Property details

Community Features

  • Community Pool
  • Has HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

View

  • Ocean view

Exterior features

  • No Pool
  • Parking Off-Street

Interior Features

  • Central Air Conditioning
  • Wood Floors
  • Main Floor Bedroom

Style

  • 2nd+ Floor Unit
  • Low Rise

Property History

DateDays AgoEventNew Price
Oct 27, 202523 days agoPrice decreased30,000 (6%)$435,000
Sep 15, 20252 mos agoNew on market$465,000
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