431 E 19th Ave #342
North Wildwood, NJ 08260

1 Bd   1 Ba   320 Sqft
BEACH BLOCK CONDO IN NORTH WILDWOOD WITH A POOL! Don't miss your chance to affordably own a condo at the desirable Malibu Condominiums! This unit has the potential to generate gross rental income in the range of $11,500 if rented full time, according to the owners and property management. It is a highly desirable unit due to its location - it is a top floor unit situated so close to the beach and boards, and near great restaurants and fun activities - you'll love the location. The condo offers a spacious living room, dining area and galley style kitchen with range and microwave and full size refrigerator, a nice size bedroom with a double bed and a bunk and a full bath with tub. There is A/C for summer comfort and this wall unit also has a heat setting to take the chill off those cooler shoulder season nights. Currently the unit sleeps 4 people, but with the addition of a sleeper sofa, it could easily accommodate six which according to the owner/rental management could push the income even higher. This unit offers a great central location within the complex with a direct pool view. On-site amenities include a pool, BBQ area, sundeck, game room, wifi, one car parking and laundry facilities. The condo association offers on-site management and great rental program with maid service for tenants - the management fee is 24% of the income - very reasonable. The building is seasonal and is open from April until October, weather permitting. The condo fee is $175/month and is paid quarterly and covers the cost of the common area insurances for flood, fire and liability, water and sewer. There is also a $300 per year reserve fee for any upcoming repairs that would not require a special assessment. The unit is being sold furnished, less personals. The square footage quoted above was taken from municipal tax records and should be verified by a Buyer prior to offer and purchase. PRICED BELOW ASSESSED VALUE!!!
  • Zipcode: 08260
  • Days on Movoto: 388
  • Year Built:
  • HOA: $175/month
  • $/Sqft: $284
  • Lot:
  • Property Type: Condo
  • MLS#: 169145
  • MLS:
  • Listing Office: LEES REAL ESTATE
  • Listed By: Jessica Lees
  • Movoto last checked Cape May County MLS for new data 1 day ago
  • Cape May County MLS last updated this listing 1 month ago
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Property History

Sold Coop By Member
Apr 7, 2017
Under Contract
Mar 6, 2017
Price Change
Sep 6, 2016
Mar 15, 2016

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431 E 19th Ave #342 in ZIP code 08260 is a condo home that was last listed for $91,000. This is 61% below the current median of $234,900 for 08260 and 72% below the current median price of $324,950 for the city of North Wildwood, NJ. As of today, , there are 227 properties listed for sale in the 08260 area and 244 properties listed for sale in North Wildwood. Of those 244 properties for sale, 54 are single family homes and 190 are condos. 431 E 19th Ave #342 is approximately 320 Sqft, 76% below the North Wildwood median of 1,320 and 77% below the 08260 ZIP code median of 1,400. The price per Sqft was $284 which is 60% above the current median price in 08260 of $177 and 2% above the North Wildwood median of $278 per Sqft.

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Get to Know North Wildwood

This 1-bedroom, 1-bathroom condo house at 431 E 19th Ave #342, North Wildwood NJ, 08260 is approximately 320 square feet and comes with 1 parking spot. It was last listed with a cost per Sqft of $284. Homeowners association fees total $175 per month. 431 E 19th Ave #342 is located in the North Wildwood School District. The closest school is Margaret Mace Elementary School.

431 E 19th Ave #342, North Wildwood NJ, 08260 was on the market for 388 days. The median days on the market for properties in this area is 88 with a median list price of $324,950 and median cost per square foot of $278. Its current status is sold under the MLS #169145.

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