Cape May County and Wildwood City property record for 248 E Schellenger Ave, #50, Wildwood, NJ 08260
| Property Type | Bar, Tavern |
|---|---|
| Details | 12,674 sqft · built 1948 |
| Lot Size | 0.184 acres (8,002 sqft) |
| Owner | Company Name on File |
| Last Sale | $2,600,000 (Jul 2023) |
| Tax Bill | $10,584 (2024) |
| Deeds & Mortgages | Mar 2019 Sale & Mortgage Oct 2018 Mortgage + 1 more |
| Flood Zone | Zone AE (high risk) |
| APN | 14-00173-0000-00027 |
| Primary APN | 14-00173-0000-00027 |
|---|---|
| Alternative APNs |
|
| Stories | 1 Story |
|---|---|
| Building Area | 12,674 sqft Total Area |
| Gross Area | 14,060 sqft |
| Year Built | Built 1948 |
|---|---|
| Effective Year Built | Effective 1948 |
| Exterior Material | Concrete Block |
| Construction Type | Masonry / Concrete Block |
| Lot Area | 8,002 sqft (0.184 acres) |
| Lot Dimensions | 100 ft deep x 80 ft wide |
| Account Number | 00061840 |
|---|---|
| Street Address | 248 E SCHELLENGER AVE, 50 |
| City | WILDWOOD |
| State | NJ |
| Zip | 08260-6130 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Bar, Tavern |
| Local Zoning Code | T |
| Legal Description | L28, F5F5 |
| Legal Block | 173 |
| Legal Lot Number | 27 |
| Jurisdiction | CAPE MAY NJ |
| Township / Civil Division | WILDWOOD |
| Census Block Group | 6 |
| Census Block | 6010 |
| Census Tract | 21400 |
248 E Schellenger Ave, #50 is owned by a company that bought it in July 2023.
Source: Cape May County and Wildwood City records, as of June 29, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 3501 BOARDWALK, WILDWOOD, NJ 08260-5427 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Mar 28, 2019 | Grant Deed, Transfer · Conventional Mortgage MILMAT INC |
| Oct 26, 2018 | Deed of Trust, Mortgage HARRY FALTERBAUER |
| Sep 25, 2018 | Deed of Trust, Mortgage WALL STREET HOLDINGS 1 INC |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 25, 2023 · Amount on File |
| Deed Sale | Jul 25, 2023 · Amount on File |
| Prior Sale | Mar 28, 2019 · Amount on File |
| Deed Document Number | 202316406 |
| Deed Book / Page | 4125 / 896 |
| Record Updated | Sep 20, 2026 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | CAPE MAY NJ |
| Recording Date | Mar 28, 2019 |
| Property Address | 248 E SCHELLENGER AVE # 50, 50, WILDWOOD, NJ 08260-6130 |
| Document Number | 0038460260 |
| Book / Page | 003846 / 000260 |
| Instrument Date | Mar 13, 2019 |
| Instrument | 88227 |
| Transaction Type | Transfer |
| Record Updated | Apr 26, 2019 |
| Title Company | MID-STATE ABSTRACT COMPANY, MID-STATE ABSTRACT CO |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $400.00 |
| Amount Accuracy | Confirmed |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 243 5TH AVE #624 NEW YORK NY 100168703, 624, NEW YORK, NY 10016-8703 |
| Document Number | 60520491 |
|---|---|
| Date | Mar 28, 2019 |
| Book Page | 006052/000491 |
| Instrument | 88228 |
| Name | MILMAT INC |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CAPE MAY NJ |
| Property Address | 248 E SCHELLENGER AVE # 50, 50, WILDWOOD, NJ 08260-6130 |
| Document Number | 0060930280 |
| Instrument Date | Oct 26, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Sep 24, 2019 |
| Title Company | MID-STATE ABSTRACT COMPANY, MID-STATE ABSTRACT CO |
| Additional |
|
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 243 5TH AVE #624 NEW YORK NY 100168703, 624, NEW YORK, NY 10016-8703 |
| Document Number | 0060930280 |
|---|---|
| Date | Aug 19, 2019 |
| Book Page | 006093/000280 |
| Instrument | 103715 |
| Name | HARRY FALTERBAUER |
|---|---|
| Address | 703 BRINY AVE, POMPANO BEACH, FL 33062-6307 |
| Amount | Amount on Record |
|---|---|
| Term | 120 Months |
| Due | Aug 18, 2029 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CAPE MAY NJ |
| Property Address | 248 E SCHELLENGER AVE # 50, 50, WILDWOOD, NJ 08260-6130 |
| Document Number | 0060290842 |
| Instrument Date | Sep 25, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Jan 18, 2019 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 248-250 E SCHELLENGER AVE WILDWOOD NJ 082606130, WILDWOOD, NJ 08260-6130 |
| Document Number | 0060290842 |
|---|---|
| Date | Dec 28, 2018 |
| Book Page | 006029/000842 |
| Instrument | 79131 |
| Name | WALL STREET HOLDINGS 1 INC |
|---|---|
| Address | 243 5TH AVE # 624, NEW YORK, NY 10016-8703 |
| Amount | Amount on Record |
|---|
Source: Cape May County and Wildwood City assessment roll, as of June 29, 2026
| Type | Name |
|---|---|
| State | New Jersey |
| County | Cape May County |
| Municipality | Wildwood City |
| Unified School District | Wildwood City School District (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $327,900 (-) Land $312,000 Building $15,900 | $327,900 (-) Land $312,000 Building $15,900 | |
| 2025 | $327,900 Land $312,000 Building $15,900 | $327,900 Land $312,000 Building $15,900 | |
| 2024 | $10,584.00 | ||
| 2023 | $500,000 Land $312,000 Building $188,000 | $500,000 Land $312,000 Building $188,000 | |
| 2022 | $15,275.00 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 248 E Schellenger Ave, #50 in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.
Source: FEMA National Flood Hazard Layer, effective October 4, 2017 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone AE high risk |
|---|---|
| 100-Year Floodplain | Yes 1% annual chance |
| Floodway | No |
| Base Flood Elevation | 9.0 ft |
| Flood Insurance Requirement | Required federally backed loans |
| Flood Insurance Cost | Premium on File median of 109 individual policies |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 468 units insured incl. 359 condo units |
| Nearby Flood Claims | 1 (2012) |
| Most Recent Claim | Oct 2012 · Hurricane Sandy |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 248 E Schellenger Ave, #50 has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | WILDWOOD CITY WATER DEPARTMENT serves 218,472 people · EPA ID NJ0514001 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Apr 2025 |
| Lead | 6 ppb (2024–2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 2 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 527 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 1,000 / 75 |
| AT&T Fixed Wireless | 100 / 20 |
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