2701 Ocean Avenue Wildwood, NJ, 08260
$ 4,100,000Bedrooms Baths0.0
for $4,100,000. The lot size is 180 x 324.
Developers and Investors Alert for this rare opportunity to acquire a massive 180' x 324' beach block, water view, corner lot in Wildwood's Tourist & Entertainment Zone! Over 9 Million Visitors per season per The Greater Wildwoods Tourism Improvement and Development Authority. Sits just off the famous Wildwood Boardwalk; a well-known and reputable tourist attraction with restaurants and entertainment for the whole family. The newly priced property is bank owned and is currently operated as a large parking lot that is almost an entire City Block generating fantastic income. Prior Cafra Approvals include: a 25 Story High Rise Condo/Hotel Hybrid. Also Possible are Four Mid-Rise Buildings with 15 Units each. All inquiries should be directed to the agent.
Water Source Other
Land Improvements Curbs Sidewalks
Lot Description Clear Lot Corner Level/Flat Other
Road Frontage Paved
Miscellaneous* Excluded Features
Utilities Electric Gas
View Water View
List By Re/Max At The Shore
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Lots and land listings in Wildwood, NJ
Average List Price $368,400
Percent of Sale Price 91 %
About Wildwood, NJ
-12 % Since 2002
$ 33,661 Median Income
38.67 Median Age
26 % Households with Children