We love Wildwood! Watch the tram car please!
We rented a house the first time, and a condo the second time. We used Calloway Realty and would recommend them. You get more room, privacy and a kitchen for less money than a hotel for a week. We ate at the house for breakfast & lunch; only went out for dinner and ice cream on the boardwalk.
Definitely stay in Wildwood Crest. It's quiet at night and you still get a killer beach; the boardwalk is only a short drive away. You can get houses/condos within a block or two of the beach.
Good restaurants: Little Italy, Doo Wop Diner (on boardwalk), Pink Cadillac Diner (one block from boardwalk)
Make sure you go to the bake shop at the Ravioli House and get an apple pie - YUM! Their fresh pasta is good too.
Duffers mini golf has home made ice cream - YUM!
The water parks have half price deals if you go in the morning; it's plenty of time and it's DEAD in the mornings.
Go to Wildwoods.org and request a vacation planning kit now; they will send you a map and ads for hotels/restaurants/details on Morey's Piers. Calloway gives you a big kit with lots of coupons upon check in.
There are lots of good mini golf places.
Go next door to Cape May for the day - it's beautiful! There are lots of good restaurants, shops and beautiful homes to see. The Mad Batter is a good restaurant there. Also the Pier House on Beach Avenue - expensive but worth it.
Have fun!