120 W Juniper Ave · Wildwood, NJ 08260

$724,900

5 bd · 3.0 ba · 1,570 sqft · SingleFamily public records · 32 Days on market

Built 1920 Est $794k · 9% under

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Why this score? — see what drove the F 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).

• ARV discount +11.4/15.0
• Cash flow +5.8/30.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• 1% rule +0.4/10.0
• DSCR +0.2/10.0
• Appreciation +0.0/10.0

Listing remarks

* * * * Great location in Wildwood * * * * 5 bedrooms and 3 baths in excellent condition * * * * Pride of ownership shines on this home * * * * First floor has 3 bedrooms and 2 baths * * * * Kitchen with luxury vinyl planking, appliance package that includes microwave and tile back splash * * * * Combo living and dining room with ceiling fans and plenty of windows for natural light * * * 3 nice size bedrooms all with ceiling fans * * * * Laundry room, pantry and plenty of storage * * * * Tankless hot water heater * * * * Second Floor has 2 bedroom and 1 bath * * * * Recently renovated * * * * Eat in kitchen with gas range, dishwasher and ceramic tile flo

Key facts

• Laundry room
• Appliance package
• Eat in kitchen

Tags

• APPLIANCE PACKAGE
• COMBO LIVING AND DINING ROOM
• LAUNDRY ROOM
• TANKLESS HOT WATER HEATER
• RECENTLY RENOVATED
• EAT IN KITCHEN

Property features AI

Finance

• Other: Survey and seller's property condition and lead-based paint documents available
• Financial info: Property is offered for sale; 2 total units (1 two-bedroom unit, 1 three-bedroom unit)

Exterior

• Parking: Exterior parking for three or more cars (parking pad); One-car garage
• Utilities: Public water; Public sewer; Separate electric and gas meters; Gas tankless water heater
• Home design: Multi-family property with 2 units; Suitable for multi-family + rooms; Located in Boardwalk Area; 45 x 90 lot
• Construction: Vinyl siding; 25+ years old; Crawl space foundation
• Exterior features: Deck; Fenced yard; Outside shower; Shed; Sidewalks; Concrete driveway; Insulated glass

Interior

• Kitchen: Dishwasher; Gas stove; Microwave; Refrigerator
• Bedrooms: Lower unit: 3 bedrooms; Upper unit: 2 bedrooms
• Bathrooms: Lower unit: 2 bathrooms; Upper unit: 1 bathroom
• Heating & cooling: Ceiling fan(s); Natural gas heating; Hot water heating; Radiator heating
• Interior features: Blinds; Partially furnished; Dining area; Pantry; Recreation/family room
• Laundry & utility: Washer; Dryer; Laundry/utility room

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $725k.

Deal economics

• At list price, monthly cash flow is $-2k ($-23k/yr) — negative.
• To cash-flow at today's rent, offer at most $392k (46.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $394k (45.7% below list).
• Recommended offer: $392k (46.0% below list) — sets the bar for cash-flow.
• Cap rate 3.9% vs local median 5.6% in Wildwood — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 74/100 on livability (#176 in NJ, #4,679 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment D, crime F, cost of living F.
• Wildwood City School District (suburban): math 12% / reading 27% proficiency, ranked #442 of 472 in NJ (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Glenwood Avenue Elementary School (math 8% / reading 27%, grade F, #1,065 of 1,303 statewide, top 83%, 396 students, 89% FRL); Wildwood Middle School (math 12% / reading 22%, grade F, #409 of 431 statewide, top 95%, 172 students, 87% FRL); Wildwood High School (math 22% / reading 47%, grade F, #239 of 399 statewide, top 61%, 263 students, 69% FRL) — zoned schools at 82% FRL track the district average.
• Market conditions: 436 active listings in the ZIP; 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 $5k of loan paydown is wiped out by about $22k 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 32 days — a 3% lower offer ($703k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $242k; list at $725k implies a 200% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $391,534 (46.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 46% concession, seller financing, or rate buy-down credit?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.54% ✗
• Cap rate: 3.88%
• Cash-on-cash: -8.64%
• DSCR: 0.62
• GRM: 15.3

CMA / ARV

• ARV (on-the-fly): $794,420
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
221 W 25th Ave	0.15mi	6/3.0 (+1)	1,533 (-2%)	5mo	$775,000	$506	80
114 E 26th Ave	0.12mi	4/2.0 (-1)	1,416 (-10%)	2mo	$559,000	$395	68
505 W Pine Ave	0.44mi	4/2.0 (-1)	1,500 (-4%)	3mo	$760,000	$507	61
105 W 13th Ave	0.72mi	4/2.0 (-1)	1,530 (-2%)	9mo	$900,000	$588	46
128 W Roberts Ave	0.68mi	5/4.0	1,750 (+12%)	5mo	$430,000	$246	41
1608 Ocean Ave	0.72mi	4/3.0 (-1)	1,652 (+5%)	15mo	$790,000	$478	40
204 W 20th Ave	0.34mi	4/2.0 (-1)	1,400 (-11%)	21mo	$739,900	$529	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -36.6%
• Equity multiple: -0.17×
• Total profit: $-237,605
• Equity at exit: $108,085

10-year hold

• IRR: -51.6%
• Equity multiple: -0.78×
• Total profit: $-361,460
• Equity at exit: $62,676

Cash invested: $202,972 (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: 436
• Price-to-rent: 15.3×

Monthly cashflow live

• Estimated rent: $3,936 medium
• Mortgage (P&I): −$3,801
• Tax from tax record: −$466 /mo · $5,594/yr
• Insurance: −$302
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$826
• Net cashflow: $-1,887

Break-even live

Break-even rent $6,324

Max offer price $391,534

Occupancy floor —

Sensitivity live

Price	-10% $-1,477	-5% $-1,682	+0% $-1,887	+5% $-2,092	+10% $-2,297
Rent	-10% $-2,198	-5% $-2,043	+0% $-1,887	+5% $-1,732	+10% $-1,576
Rate	-1.0pp $-1,522	-0.5pp $-1,703	base $-1,887	+0.5pp $-2,075	+1.0pp $-2,266

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: $181,225
• Closing costs: $21,747
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-21
   days on market $724,900 Under Contract 32 DOM
2. 2026-06-21
   days on market $724,900 Under Contract 31 DOM
3. 2026-06-18
   days on market $724,900 Under Contract 29 DOM
4. 2026-06-17
   days on market $724,900 Under Contract 28 DOM
5. 2026-06-16
   days on market $724,900 Under Contract 27 DOM
6. 2026-06-15
   days on market $724,900 Under Contract 26 DOM
7. 2026-06-13
   days on market $724,900 Under Contract 24 DOM
8. 2026-06-12
   days on market $724,900 Under Contract 23 DOM
9. 2026-06-09
   days on market $724,900 Under Contract 20 DOM
10. 2026-06-08
    days on market $724,900 Under Contract 19 DOM
11. 2026-06-07
    days on market $724,900 Under Contract 18 DOM
12. 2026-06-07
    days on market $724,900 Under Contract 17 DOM
13. 2026-06-04
    statusdays on market $724,900 Under Contract 14 DOM
14. 2026-06-02
    days on market $724,900 Active 13 DOM
15. 2026-06-01
    days on market $724,900 Active 12 DOM
16. 2026-05-31
    days on market $724,900 Active 11 DOM
17. 2026-05-17
    listed $724,900 Active
18. 2019-01-24
    soldstatus $242,000
19. 2018-12-21
    soldstatus $242,000
20. 2002-11-20
    soldstatus $183,000
21. 2001-12-28
    soldstatus $82,500
22. 1983-06-28
    soldstatus $62,000

ⓘ 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: $5,594 · $466/mo
• Projected year-2 tax: $11,822 · $985/mo
• Expected delta: +$6,228/yr (+$519/mo · 111.3%)

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

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥95°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $47,227
• − Mortgage interest: −$40,606
• − Property taxes: −$5,594
• − Insurance: −$8,743
• − Repairs & maintenance: −$3,778
• − Management: −$3,778
• − Depreciation: −$21,088
• Taxable loss: −$36,360
• Est. tax savings @ 24.0%: +$8,726
• After-tax cash flow: $-13,919/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: Wildwood City School District
• NCES district ID: 3417940
• Math proficiency: 12% ▼ -6.00%
• Reading proficiency: 27% ▲ 5.00%
• Median HH income: $33,232
• Composite: 15.84/100
• National rank: #9261
• State rank: #442 of 472 in NJ

Livability — Wildwood

• Score: 74/100
• State rank: #176
• US rank: #4679

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: 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

+1069.2% since first listed

6 events — show timeline

• 2026-05-17 Listed $724,900 SJSRMLS
• 2019-01-24 Sold (Public Records) $242,000 Public Records
• 2018-12-21 Sold (Public Records) $242,000 Public Records
• 2002-11-20 Sold (Public Records) $183,000 Public Records
• 2001-12-28 Sold (Public Records) $82,500 Public Records
• 1983-06-28 Sold (Public Records) $62,000 Public Records

Property tax history

+2.9%/yr

Latest (2025): $5,594 · +2.8% YoY. Source: county tax records.