Let me see if I can help.
The property looks like it is 327 West Oak Wildwood. IThe taxes are $6500. and no that is not a typo. It's a newer single family home and its in pretty good shape. The owner overbuilt the property for the street and will have trouble getting what he thinks its worth.. The idea is to be looking for the worst house on the best block not the other way around. I dont think its ever been rented and a potential income on that street might be $1600per month on a good day. Other fees that you will have will be sewer and water. In a building that size you might pay total $750 for both sewer and water for the year.
Keep in mind , one day you will want to sell this home and that location will give you the same trouble the present owner is having.
There are better deals out there in better locations. If I can point you in right dirrection, give me a call.
Edward ( Augie ) Augsberger
WILDWOOD N.J. 08260
Direct # 609-338-1189
Office # 609-523-1112