235 E Garfield #12 $1,750,000

MLS#: 220626
Address: 235 E Garfield #12
City / Zip: Wildwood, NJ 08260
Type: Commercial


Lot Size


Year Built




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Incredible investment opportunity to purchase this motel style apartment building, along with a vacant commercial lot currently used as onsite parking. 235 E Garfield Av. has been completely renovated and consists of 8 two-bedroom apartments and 3 one-bedroom apartments and it is run as a full-service motel with an onsite laundry room. All units feature air conditioning/heat systems, that allow for year-round use. One electric meter. The Sellers generated around $250k in revenue in 2019, $270k in 2020 and over $300k in 2021. Included in the sale is also separately deeded 100x90 vacant lot for 30+cars located at 3719 Pacific Ave. Offered together as a package ONLY, the vacant lot is zoned commercial and could be developed into another income producing property by the savvy investor in the future. Centrally located, within a walking distance to the best that Wildwood has to offer, this property has a solid potential for incredible Airbnb cash flow. Located in a qualified NJ opportunity zone.

This listing is provided courtesy of COASTLINE REALTY, LLC


Map may not be 100% accurate.


    Property Amenities

    • Rooms

      • Laundry Room
    • Cooling

      • Multi-Zoned
    • Heating

      • Forced Air
      • Multi-Zoned
    • Sewer

      • City

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