302 E Buttercup Rd #6 · Wildwood Crest, NJ 08260

$250,000

1 bd · 1.0 ba · 511 sqft · Condo public records · 101 Days on market

Built 1957 $489/sqft · 28% below area Est $346k · 28% under

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to the Buttercup Condos. This Spacious one bedroom condo located on the back outside corner has a private entrance and patio area. Your oversized parking spot is also right outside of your door which allows for easy in and out. When you walk into the property you see an optional bedroom in the front room You could keep it this way or turn it back into a sitting area. The next room has a comfy couch, TV, a table for 2, and refrigerator. The kitchen area is a sink, gas top stove, top & bottom cabinets and counter space for prepping. There is a full bathroom with a tub. The bedroom has ample space and good-sized closet. There is a common outside shower. You also have a storage box for your beach goodies. The owner just put in new flooring throughout, new screen door, bathroom, and the common hot water heater is brand new! The affordable HOA fee is $168 per month and covers master insurances for fire, flood and liability, water and sewer, and hot water. You just pay electric and cable. The condo is seasonal and opens in the beginning of April and closes it at the end of October weather permitting. This is a very rentable location because it's walking distance to restaurants, the bike path, beach and boardwalk.

Key facts

• New screen door
• Patio area
• New flooring

Tags

• PRIVATE ENTRANCE
• PATIO AREA
• OVERSIZED PARKING SPOT
• COMMON OUTSIDE SHOWER
• NEW FLOORING
• NEW SCREEN DOOR

🏷️ Possibly a rental listed for sale. The $250,000 price doesn't fit this home's estimated sale value (~$346,033) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $250k.

Deal economics

• At list price, monthly cash flow is $2k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $250k).
• Recommended offer: $228k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.6% vs local median 2.7% in Wildwood Crest — 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 70/100 on livability (#257 in NJ) — a middle-class / working-renter tenant base. Strengths: health & safety A+; Watch: amenities C-, commute F, cost of living F.
• Wildwood Crest Borough School District (suburban): math 35% / reading 45% proficiency, ranked #493 of 612 in NJ (top 81%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 431 active listings in the ZIP; 2 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 $2k of loan paydown is wiped out by about $8k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $70k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 13y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $85k; list at $250k implies a 194% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $227,500 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.58% ✓
• Cap rate: 13.56%
• Cash-on-cash: 25.95%
• DSCR: 2.15
• GRM: 5.3

CMA / ARV

• ARV (median comp): $346,033
• List price: $250,000
• Delta: -27.75%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 19.6%
• Equity multiple: 1.80×
• Total profit: $55,877
• Equity at exit: $37,276

10-year hold

• IRR: 27.9%
• Equity multiple: 3.47×
• Total profit: $172,717
• Equity at exit: $21,615

Cash invested: $70,000 (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: 5.3×

Monthly cashflow live

• Estimated rent: $3,940 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$147 /mo · $1,758/yr
• Insurance: −$104
• HOA est. from 1 same-building comp: −$37
• Vacancy / Maint / Mgmt: −$827
• Net cashflow: $1,514

Break-even live

Break-even rent $2,024

Max offer price $250,000

Occupancy floor 57%

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
124 W Heather Rd Unit 1309025P Wildwood Crest, NJ	2.0	1.0	699	$4,563	$6.53	43d	1	0.31mi
206 W Spencer Ave Wildwood, NJ	2.0	1.0	750	$2,000	$2.67	44d	1	0.89mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: watersewergaselectriccableinsurance
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 31 events

1. 2026-06-18
   days on market $250,000 Active 101 DOM
2. 2026-06-17
   days on market $250,000 Active 100 DOM
3. 2026-06-16
   days on market $250,000 Active 99 DOM
4. 2026-06-15
   days on market $250,000 Active 98 DOM
5. 2026-06-13
   days on market $250,000 Active 96 DOM
6. 2026-06-12
   days on market $250,000 Active 95 DOM
7. 2026-06-09
   days on market $250,000 Active 92 DOM
8. 2026-06-08
   days on market $250,000 Active 91 DOM
9. 2026-06-07
   days on market $250,000 Active 90 DOM
10. 2026-06-07
    days on market $250,000 Active 89 DOM
11. 2026-06-04
    days on market $250,000 Active 86 DOM
12. 2026-06-02
    days on market $250,000 Active 85 DOM
13. 2026-06-01
    days on market $250,000 Active 84 DOM
14. 2026-05-31
    days on market $250,000 Active 83 DOM
15. 2026-04-29
    price $250,000 1239-char remark

    Show marketing remark (1239 chars)

    Welcome to the Buttercup Condos. This Spacious one bedroom condo located on the back outside corner has a private entrance and patio area. Your oversized parking spot is also right outside of your door which allows for easy in and out. When you walk into the property you see an optional bedroom in the front room You could keep it this way or turn it back into a sitting area. The next room has a comfy couch, TV, a table for 2, and refrigerator. The kitchen area is a sink, gas top stove, top & bottom cabinets and counter space for prepping. There is a full bathroom with a tub. The bedroom has ample space and good-sized closet. There is a common outside shower. You also have a storage box for your beach goodies. The owner just put in new flooring throughout, new screen door, bathroom, and the common hot water heater is brand new! The affordable HOA fee is $168 per month and covers master insurances for fire, flood and liability, water and sewer, and hot water. You just pay electric and cable. The condo is seasonal and opens in the beginning of April and closes it at the end of October weather permitting. This is a very rentable location because it's walking distance to restaurants, the bike path, beach and boardwalk.

16. 2026-03-17
    price $260,000 1239-char remark

    Show marketing remark (1239 chars)

    Welcome to the Buttercup Condos. This Spacious one bedroom condo located on the back outside corner has a private entrance and patio area. Your oversized parking spot is also right outside of your door which allows for easy in and out. When you walk into the property you see an optional bedroom in the front room You could keep it this way or turn it back into a sitting area. The next room has a comfy couch, TV, a table for 2, and refrigerator. The kitchen area is a sink, gas top stove, top & bottom cabinets and counter space for prepping. There is a full bathroom with a tub. The bedroom has ample space and good-sized closet. There is a common outside shower. You also have a storage box for your beach goodies. The owner just put in new flooring throughout, new screen door, bathroom, and the common hot water heater is brand new! The affordable HOA fee is $168 per month and covers master insurances for fire, flood and liability, water and sewer, and hot water. You just pay electric and cable. The condo is seasonal and opens in the beginning of April and closes it at the end of October weather permitting. This is a very rentable location because it's walking distance to restaurants, the bike path, beach and boardwalk.

17. 2026-03-09
    listed $275,000 Active 1239-char remark

    Show marketing remark (1239 chars)

    Welcome to the Buttercup Condos. This Spacious one bedroom condo located on the back outside corner has a private entrance and patio area. Your oversized parking spot is also right outside of your door which allows for easy in and out. When you walk into the property you see an optional bedroom in the front room You could keep it this way or turn it back into a sitting area. The next room has a comfy couch, TV, a table for 2, and refrigerator. The kitchen area is a sink, gas top stove, top & bottom cabinets and counter space for prepping. There is a full bathroom with a tub. The bedroom has ample space and good-sized closet. There is a common outside shower. You also have a storage box for your beach goodies. The owner just put in new flooring throughout, new screen door, bathroom, and the common hot water heater is brand new! The affordable HOA fee is $168 per month and covers master insurances for fire, flood and liability, water and sewer, and hot water. You just pay electric and cable. The condo is seasonal and opens in the beginning of April and closes it at the end of October weather permitting. This is a very rentable location because it's walking distance to restaurants, the bike path, beach and boardwalk.

18. 2025-11-08
    historical 1187-char remark

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

19. 2025-11-08
    historical Expired

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

20. 2025-07-21
    price $255,000

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

21. 2025-07-21
    price $255,000 1187-char remark

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

22. 2025-06-18
    price $265,000

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

23. 2025-06-18
    price $265,000 1187-char remark

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

24. 2025-05-31
    price $275,000

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

25. 2025-05-31
    price $275,000 1187-char remark

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

26. 2025-05-14
    listed $280,000 Active 1187-char remark

    Show marketing remark (1187 chars)

    OPEN HOUSE FRIDAY 6/27 at 11:00-1:00! Recently renovated and located just two blocks from the highly desirable Buttercup Road beach in Wildwood Crest, this spacious 1-bedroom, 1-bath seasonal condo offers comfort, convenience, and style. It is accompanied by a private office nook currently being used as a SECOND BEDROOM! Unit comes FULLY FURNISHED featuring a separate living room and eat-in kitchen. A true turn-key opportunity for personal enjoyment or investment. Low HOA fee of just $140/month covers exterior maintenance, flood and exterior insurance, water/sewer, and common area upkeep. Additional perks include two personal parking spaces, the largest patio area in the complex, storage shed for beach gear, and pet-friendly rules for owners. Ideally situated in WALKING DISTANCE to popular dining spots like the boardwalk, Fox Park concerts, Bandanas Mexican Grille and Little Italy, as well as local favorites like Scoop Taylor Park, Centennial Park's free concert series, and Cone Crazy Ice Cream Parlor, and coffee shop Beach Brew USA at the Crest Arts Pavilion. This is your chance to own a beautifully updated beach retreat in the Crest—schedule your showing today!

27. 2025-05-10
    listed $280,000 Active
28. 2014-08-12
    soldstatus $85,000
29. 2014-08-08
    soldstatus $85,000
30. 2013-10-07
    listed $89,000
31. 1993-05-11
    soldstatus $29,900

ⓘ 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: $1,758 · $147/mo
• Projected year-2 tax: $3,992 · $333/mo
• Expected delta: +$2,233/yr (+$186/mo · 127.0%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 66% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥95°F today · 18 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: $47,277
• − Mortgage interest: −$14,004
• − Property taxes: −$1,758
• − Insurance: −$1,250
• − Repairs & maintenance: −$3,782
• − Management: −$3,782
• − HOA: −$444
• − Depreciation: −$7,273
• Taxable income: $14,984
• Est. tax owed @ 24.0%: −$3,596
• After-tax cash flow: $14,568/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 Crest Borough School District
• NCES district ID: 3417970
• Math proficiency: 35% ▬ 0.00%
• Reading proficiency: 45% ▼ -5.00%
• Median HH income: $55,087
• Composite: 37.39/100
• National rank: #8922
• State rank: #493 of 612 in NJ

Livability — Wildwood Crest

• Score: 70/100
• State rank: #257
• US rank: #7359

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wildwood Crest, 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

+736.1% since first listed

17 events — show timeline

• 2026-04-29 Price Changed $250,000 CMCMLS
• 2026-03-17 Price Changed $260,000 CMCMLS
• 2026-03-09 Listed $275,000 CMCMLS
• 2025-11-08 Listing Removed — SJSRMLS
• 2025-11-08 Delisted — CMCMLS
• 2025-07-21 Price Changed $255,000 CMCMLS
• 2025-07-21 Price Changed $255,000 SJSRMLS
• 2025-06-18 Price Changed $265,000 CMCMLS
• 2025-06-18 Price Changed $265,000 SJSRMLS
• 2025-05-31 Price Changed $275,000 CMCMLS
• 2025-05-31 Price Changed $275,000 SJSRMLS
• 2025-05-14 Listed $280,000 SJSRMLS
• 2025-05-10 Listed $280,000 CMCMLS
• 2014-08-12 Sold (Public Records) $85,000 Public Records
• 2014-08-08 Sold (MLS) $85,000 CMCMLS
• 2013-10-07 Listed $89,000 CMCMLS
• 1993-05-11 Sold (Public Records) $29,900 Public Records

Property tax history

+2.1%/yr

Latest (2025): $1,758 · +1.4% YoY. Source: county tax records.