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407 E Monterey Ave #201, Wildwood Crest, NJ, 08260

3beds
2baths
1,417sqft
$815,000
$575price/sqft
$5,564/moest. monthly cost
$222,560/yrincome needed

About This Home

BEACH BLOCK UPSCALE CONDO WITH OCEAN VIEWS & ROOF TOP POOL! The unique and stylish Verona Condominiums offers this exceptionally appointed residence which is ideal for year-round or summer living. The elevator will take you up to the 2nd floor from either the parking area or the beautiful foyer with seating area. Inside this corner contemporary unit, you will find the layout is perfect for entertaining - including a large living room, spacious dining area, and modern kitchen complete with stainless steel appliances, granite counter tops and a center island. The living area also leads out to a private corner deck with terrific views of the ocean. This entire area enjoys tile flooring for easy maintenance. The primary bedroom is generously sized and is complete with an ensuite bath with beautiful tile shower and modern finishes. There are two additional bedrooms and a hallway bath with tub and unique tile accents, and a laundry room for your convenience and coat closet off the foyer. Condominium amenities include a ROOF TOP POOL with ocean views, private for owners' community room for entertaining, keyless entry via fob for security, private storage for your beach items, elevator and 2 car parking under the building. The unit rents well each season, typically grossing $40K+ with room for additional income by renting weeks these owners currently use and the condo will be sold fully furnished. Don't miss this opportunity! **The square footage quoted in the MLS was taken from municipal tax records and should be verified by a buyer prior to purchase.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 2009

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Microwave,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen,Storage
  • Window features: Curtains,Blinds
  • Flooring: Tile
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,417 sqft

Property

Details

  • Parcel number: 150011802000070000C0201
  • Attached to another structure: Yes
  • Zoning: M-1B

Features

  • Levels: One
  • Pool features: Community
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water View,Water

Lot

  • Features: Beach Block,Island

Parking

  • Total spaces: 2
  • Parking features: Carport,2 Car
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Coastal Flooding
Hurricane
Inland Flooding
Winter Weather
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,121$49,452
Home Insurance *$260$3,120
Property Taxes $990$11,880
Electricity $193$2,318
Total$5,564$66,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$190,765/yr
40% on housing$166,920/yr
45% on housing$148,373/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$575This listing

vs Other Active Listings

Avg $/sqft

ZIP 08260$381
Cape May County$617

vs Homes Sold Last Month

Median $/sqft

ZIP 08260$593
Cape May County$460

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-13Price change$815,000
2025-08-16Listed for sale$829,900
2019-06-30Listing removed$515,000
2018-08-25Listed for sale$515,000
2011-07-12Sold$451,000

For Sale by Agent

AgentJessica L. Lees
BrokerageLEES REAL ESTATE

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