Wildwood City, NJ 08260,323 E OAK AVE
Wildwood City, NJ 08260,323 E OAK AVE
Wildwood City, NJ 08260,323 E OAK AVE
Wildwood City, NJ 08260,323 E OAK AVE
Wildwood City, NJ 08260,323 E OAK AVE
Wildwood City, NJ 08260,323 E OAK AVE
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$1,000,000

$1,950,000

48.7%
Est.Price: ?

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Est. payment /mo

0.98 Acres Lot


SOLD DATE : 10/29/2019

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1000341275

Sold Date 10/29/19

HOA Y/N N

Originating Board TREND

Annual Tax Amount $42,165

Tax Year 2019

Lot Size 0.976 Acres

Acres 0.98

Lot Dimensions 180X200

Property Description

Check out this incredible, once-in-a-lifetime opportunity to change Wildwood's skyline forever. This +/- 1-acre lot is less than 150' from the famous Wildwood boardwalk & beach, and just a short 5-minute walk from popular tourist locations like Morey's Pier, Surfside Pier, Sam's Pizza, the Wildwood Convention Center, etc. This property is currently approved for a ten-story hotel; with plans for 222 on-site parking spaces, which are located from the ground floor to the 3rd floor. The 4th-floor is designated as a lobby and dining area. The 5th through 9th-floors are designated as hotel rooms, and the 10th-floor is currently designated as an indoor pool and recreation area. UPDATE - APRIL 2018 - Townhouse Community // Mixed-Use . Five (5) New Site Plans have been created to depict a residential/mixed-use layout for this property. Check out the 'building plan' attached to this listing to see all 5 new site plans. Plan 1 (Mixed-Use): Fourteen (14) total units; ten (10) of which are being designated as +/-2750sqft three-story townhouses; with the remaining four (4) units consisting of a +/-1050sqft first-floor commercial space and a +/-2125sqft residential space spanning the second & third floors. Plan 2 (Mixed-Use): Same configuration as Plan 1, but with a different parking arrangement. Plan 3 (Residential): Nineteen (19), +/-3100sqft three-story townhouses. Plan 4 (Residential): Seventeen (17), +/-3100sqft three-story townhouses. Plan 5 (Residential): Twenty-one (21), +/-2800sqft three-story townhouses.

Location

State NJ

County Cape May

Area Wildwood City (20514)

Zoning TE

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water None

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Waterfront Y

Water Access N

View Water

Street Surface Other

Accessibility None

Road Frontage Boro/Township, State, Private

Parking Type Parking Lot, On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wildwood City Schools

Others

Tax ID 14-00195 01-00016

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition REO (Real Estate Owned)

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Bright MLS (BMLS)
Listed by Brandon Hedenberg • BHHS Fox & Roach-Washington-Gloucester
Bought with Brandon Hedenberg • BHHS Fox & Roach-Washington-Gloucester
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900 Route 168 Bldg. H, Turnersville, NJ, 08012

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