101 W Spruce Ave #113 · North Wildwood, NJ 08260

$889,000

3 bd · 2.0 ba · 1,595 sqft · Condo public records · 151 Days on market

Built 2007 $900/mo HOA · 9% of rent

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.8/30.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• 1% rule +6.1/10.0
• Schools +4.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

Key facts

• Pool level access
• Modern kitchen
• Granite countertops

Tags

• POOL LEVEL ACCESS
• UNOBSTRUCTED INLET VIEWS
• MODERN KITCHEN
• STAINLESS STEEL APPLIANCES
• GRANITE COUNTERTOPS
• TILE BACKSPLASH

Property features AI

Finance

• Other: Pets allowed with number limit
• HOA & community: Monthly condo fee; HOA fee $900 monthly; HOA fees include ground fee and insurance

Exterior

• Parking: 2-car garage; Additional storage area in garage; Covered parking; 1 off-street parking space (parking lot); Parking garage available
• Utilities: Public water; Public sewer; Natural gas service
• Home design: Condominium; Interior townhouse/rowhouse; One floor in unit; Entry level: 1; Excellent condition; Building name: THE POINTE AT MOORES INLET; Building winterized
• Construction: Permanent foundation; Above grade and below grade structures
• Exterior features: Community pool; Water view; Oceanblock location; Federal flood zone

Interior

• Kitchen: Built-in microwave; Dishwasher; Disposal; Gas oven/range; Stainless steel appliances
• Bedrooms: 3 bedrooms on main level
• Flooring: Hardwood; Carpet
• Bathrooms: 2 full bathrooms on main level; 2 full bathrooms total
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans; Natural gas hot water
• Interior features: Open floor plan; Combination dining/living area; Combination kitchen/dining area; Breakfast area; Ceiling fans; Elevator; Master bath(s); Jetted tub; Soaking tub; Walk-in shower; Furnished; Sliding glass door(s); Hardwood and carpet flooring; Stainless steel appliances
• Laundry & utility: Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $889k.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($10k rent vs $889k).
• Recommended offer: $782k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 3.6% in North Wildwood — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#318 in NJ) — a middle-class / working-renter tenant base. Strengths: health & safety A+; Watch: amenities C-, crime D-, commute F.
• North Wildwood School District (suburban): math 55% / reading 45% proficiency, ranked #396 of 612 in NJ (top 65%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 431 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 877 units permitted in Cape May County in 2024 (35 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $27k of value loss. Plan a longer hold.
• Cape May County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 151 days — a 12% lower offer ($782k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y ago; this cycle's ask has dropped $70k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $415k; list at $889k implies a 114% gain — meaningful room to come down on a strong offer.

Recommended offer $782,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 151 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 8.16%
• Cash-on-cash: 6.66%
• DSCR: 1.30
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.78×
• Total profit: $-55,778
• Equity at exit: $132,553

10-year hold

• IRR: 3.6%
• Equity multiple: 1.27×
• Total profit: $66,022
• Equity at exit: $76,864

Cash invested: $248,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 21 Tenant-Leaning
• State New Jersey: 21 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

Methodology + full state rankings →

ZIP-level market 08260

• Home prices YoY: -30.7%
• Active inventory: 431
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $9,900 medium
• Mortgage (P&I): −$4,662
• Tax from tax record: −$508 /mo · $6,093/yr
• Insurance: −$370
• HOA: −$900
• Vacancy / Maint / Mgmt: −$2,079
• Net cashflow: $1,381

Break-even live

Break-even rent $8,152

Max offer price $889,000

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $222,250
• Closing costs: $26,670
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
96 Seaspray Ct Wildwood, NJ	3.0	2.5	1650	$9,900	$6.00	44d	1	0.61mi

HOA detail condo

• Monthly dues: $900 · $10,800/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 23 events

1. 2026-05-01
   status Under Contract 964-char remark

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

2. 2026-05-01
   status Pending

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

3. 2026-04-28
   historical Under Contract 964-char remark

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

4. 2026-04-13
   price $889,000 964-char remark

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

5. 2026-04-13
   price $889,000 964-char remark

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

6. 2026-04-13
   price $889,000

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

7. 2026-03-30
   price $920,000 964-char remark

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

8. 2026-03-30
   price $920,000

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

9. 2026-03-28
   price $920,000 964-char remark

   Show marketing remark (964 chars)

   Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

10. 2026-03-15
    price $949,000 964-char remark

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

11. 2026-03-15
    price $949,000 964-char remark

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

12. 2026-02-12
    price $954,000 964-char remark

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

13. 2026-02-12
    price $954,000 964-char remark

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

14. 2026-02-12
    price $954,000

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

15. 2026-01-22
    historical Withdrawn/Temp Off Market
16. 2025-12-01
    listed $959,000 Active
17. 2025-11-30
    listed $959,000 Active 964-char remark

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

18. 2025-11-30
    listed $959,000 Active 964-char remark

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

19. 2025-11-30
    listed $959,000 Active

    Show marketing remark (964 chars)

    Welcome to The Pointe at Moore’s Inlet—one of North Wildwood’s most prestigious oceanfront communities. This first-floor, fully furnished 3-bedroom, 2-bath condo offers effortless pool-level access and stunning unobstructed inlet views from your private balcony. The open-concept layout features hardwood and tile flooring throughout, a modern kitchen with stainless steel appliances, granite countertops, tile backsplash, and a breakfast bar. The spacious primary suite includes a double vanity, a walk-in tiled shower, and a soaking tub. Additional highlights include two guest bedrooms, secured storage, two parking spots, and a private entrance. Enjoy premium amenities, including a heated pool and spa, fitness center, clubhouse, elevators, and outdoor showers. Just steps from the seawall, restaurants, and the entertainment district, this turnkey residence is perfect for year-round living, a rental investment, or a relaxing shore escape.

20. 2016-12-02
    soldstatus $415,000
21. 2016-10-17
    soldstatus $425,000 Sold In-House
22. 2016-08-03
    status Under Contract
23. 2016-04-12
    listed $475,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NJ · Partial reset (capped growth)

• Current annual tax: $6,093 · $508/mo
• Projected year-2 tax: $14,114 · $1,176/mo
• Expected delta: +$8,022/yr (+$668/mo · 131.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $118,800
• − Mortgage interest: −$49,798
• − Property taxes: −$6,093
• − Insurance: −$4,445
• − Repairs & maintenance: −$9,504
• − Management: −$9,504
• − HOA: −$10,800
• − Depreciation: −$25,862
• Taxable income: $2,795
• Est. tax owed @ 24.0%: −$671
• After-tax cash flow: $15,899/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: North Wildwood School District
• NCES district ID: 3411670
• Math proficiency: 55% ▲ 5.00%
• Reading proficiency: 45% ▬ 0.00%
• Median HH income: $45,310
• Composite: 44.38/100
• National rank: #6123
• State rank: #396 of 612 in NJ

Livability — North Wildwood

• Score: 68/100
• State rank: #318
• US rank: #9827

Category grades

Amenities C- Commute F Cost of living F Crime D- Employment C+ Housing B- Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Wildwood, NJ
• Population (ZIP): 12,913

Population outlook (Cape May County) Hauer SSP2

• Today (2025): 88,234 people
• By 2030: 84,144 · -4.6%
• By 2040: 75,146 · -14.8%
• By 2050: 67,389 · -23.6%
• By 2075: 55,732 · -36.8%
• By 2100: 44,972 · -49.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 14% Two or more races 7% Black 3% Native American 1%
• Hispanic origin (detail): Mexican 10% Puerto Rican 3%
• Common ancestry: Romanian 7% Slovak 2% Lithuanian 1%
• Foreign-born: 9% · Canada
• Languages at home: 84% English-only · Spanish 12% Other Indo-European 3% French/Haitian/Cajun 1%

Political lean MEDSL · Cape May

• 2024 margin: R (+19.2) · D 39.7% · R 58.9% · Other 1.4%
• 2008→2024 swing: -10.6pp toward R · 2008: -8.7pp · 2024: -19.2pp
• All cycles: 2024: R+19.2 2020: R+15.9 2016: R+19.9 2012: R+8.9 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -243.83%
• Current HPI: 551.3393
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.05%
• F500 in state: 34

Industry mix (Fortune 500 HQ in NJ)

Industry	F500 HQs	Revenue
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

+87.2% since first listed

23 events — show timeline

• 2026-05-01 Pending — CMCMLS
• 2026-05-01 Pending — BRIGHT MLS
• 2026-04-28 Contingent — SJSRMLS
• 2026-04-13 Price Changed $889,000 SJSRMLS
• 2026-04-13 Price Changed $889,000 CMCMLS
• 2026-04-13 Price Changed $889,000 BRIGHT MLS
• 2026-03-30 Price Changed $920,000 SJSRMLS
• 2026-03-30 Price Changed $920,000 BRIGHT MLS
• 2026-03-28 Price Changed $920,000 CMCMLS
• 2026-03-15 Price Changed $949,000 SJSRMLS
• 2026-03-15 Price Changed $949,000 CMCMLS
• 2026-02-12 Price Changed $954,000 CMCMLS
• 2026-02-12 Price Changed $954,000 SJSRMLS
• 2026-02-12 Price Changed $954,000 BRIGHT MLS
• 2026-01-22 Delisted — CMCMLS
• 2025-12-01 Listed $959,000 BRIGHT MLS
• 2025-11-30 Listed $959,000 CMCMLS
• 2025-11-30 Listed $959,000 SJSRMLS
• 2025-11-30 Listed $959,000 CMCMLS
• 2016-12-02 Sold (Public Records) $415,000 Public Records
• 2016-10-17 Sold (MLS) $425,000 CMCMLS
• 2016-08-03 Pending — CMCMLS
• 2016-04-12 Listed $475,000 CMCMLS

Property tax history

+2.2%/yr

Latest (2025): $6,093 · +2.1% YoY. Source: county tax records.