217-221 E Burk Ave, Wildwood, NJ, 08260
About This Home
Builders, investors, and operators—don’t miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood’s most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Excellent,Very Good,Good
- Year built: 1960
Materials
- Foundation: Slab
- Roof: Flat
- Construction materials: Block,CPVC/PVC,Frame,Glass,Vinyl Siding
Notable Dates
- Major remodel year: 2024
Type & Style
- Home type: Condo
- Architectural style: Coastal
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: Has Laundry
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 17
- Bathrooms: 9
- Full bathrooms: 9
- Main level bathrooms: 5
- Main level bedrooms: 9
Features
- Finished area below ground: 0
- Finished area above ground: 6,000
Heating & Cooling
- Heating features: Other,Electric
- Cooling features: Ductless,Electric
Interior Area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 140008500005C0001
- Zoning: PARZ
- Zoning description: 9 Condominiums and one Lot all in one sale
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 8,000 sqft
- Features: Additional Lot(s)
- Lot size dimensions: 80.00 x 100.00
Parking
- Parking features: Parking Lot,On Street
- Has uncovered spaces: 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
- Coastal Flooding
- Strong Wind
- Hurricane
- Inland Flooding
- Winter Weather
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,604 | $139,248 |
| Home Insurance * | $734 | $8,808 |
| Property Taxes | $1,778 | $21,336 |
| Electricity | $661 | $7,936 |
| Total | $14,777 | $177,324 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-06 | Listed for sale | $2,395,000 |
View on Zillow