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: 343
  • Year Built:
  • HOA: $175/month
  • $/Sqft: $297
  • 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 7 hours ago
  • Cape May County MLS last updated this listing 2 days ago

Home Features for 431 E 19th Ave #342 , North Wildwood

Overview
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Property History for 431 E 19th Ave #342, North Wildwood

Status
Date
Price
Price Change
Sep 6, 2016
$94,900
Listed
Mar 15, 2016
$99,900
#169145

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YOU ARE HERE
431 E 19th Ave #342
  • $94,900
  • For Sale

    03/15/2016

  • 1 Bd
  • 1 Ba
  • 320 Sqft
  • $297/Sqft
  • Built —
431 E 19th Ave #342 in 08260 is currently listed for 94,900. As of today, , this is 71% below the median price of $324,900 for the city of North Wildwood, NJ and 68% below the median of $299,900 for ZIP code 08260. Right now, there are 791 properties for sale in 08260 and 269 properties listed for sale in North Wildwood. Those 269 properties are made up of 57 single family homes and 212 condos. The square footage of 431 E 19th Ave #342 is approximately 320, which is 78% below the median size of 1,424 Sqft in North Wildwood and 78% below the median size of 1,424 Sqft in ZIP code 08260. This property's price per Sqft is $297, which is 15% above the $258 median in 08260 and 11% above the $267 North Wildwood median.

Get to Know North Wildwood

This 1-bedroom, 1-bathroom condo house at 431 E 19th Ave #342 is approximately 320 square feet and comes with 1 parking spot. It is listed on 03/15/2016 for $94,900 with a cost per Sqft of $297. 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 has been on the market for 343 days. The median days on the market for properties in this area is 137 with a median list price of $324,900 and median cost per square foot of $267. It's currently listed as active under the MLS #169145.

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