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2001 Surf Ave #7, Wildwood, NJ, 08260

2beds
2baths
501sqft
$479,000
$956price/sqft
$3,139/moest. monthly cost
$125,560/yrincome needed

About This Home

Turnkey beach block condo offering the perfect blend of personal enjoyment and investment potential! This fully renovated 2-bedroom, 2-bath residence features an open-concept layout, quartz countertops, stainless steel appliances, luxury vinyl flooring, in-unit laundry, and updated electrical, plumbing, and mechanical systems. Enjoy the community pool, multiple fiberglass sun decks with seasonal fireworks views, assigned parking, and an unbeatable location just steps from the beach and boardwalk. The monthly HOA fee includes all utilities, exterior maintenance, common areas, pool, and master insurance, keeping ownership expenses simple and predictable. Successfully operating as a professionally managed vacation rental with over $35,000 in gross rental revenue already generated in 2026, with additional September availability remaining. Rental history and supporting documentation are available upon request, and a seamless management transition is available for buyers looking to continue generating income. Whether you're searching for a vacation home, investment property, or both, this move-in-ready condo is ready to enjoy from day one.

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
83
BikeVery Bikeable

Schools

5/10

Construction

Condition

  • Year built: 1960

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Microwave,Refrigerator,Washer,Dryer,Dishwasher,Other Hot Water
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

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

Features

  • Window features: Curtains,Blinds

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: Zoned

Interior Area

  • Total interior livable area: 501 sqft

Property

Features

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

Lot

  • Features: Beach Block,Corner Lot

Parking

  • Total spaces: 1
  • Parking features: 1 Car,Assigned

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

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

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Strong Wind
Hurricane
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 $2,422$29,064
Home Insurance *$153$1,836
Property Taxes $371$4,452
Electricity $193$2,318
Total$3,139$37,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,622/yr
40% on housing$94,170/yr
45% on housing$83,706/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

$956This listing

vs Other Active Listings

Avg $/sqft

ZIP 08260$385
Cape May County$618

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)

Price History

DateEventPrice
2026-07-31Listed for sale$479,000
2025-12-19Sold$408,000
2025-11-29Contingent$414,777
2025-08-13Price change$414,777
2025-07-31Listed for sale$399,777

For Sale by Agent

AgentJohn Starrett
BrokerageHOMESMART FIRST ADVANTAGE

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