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323 E Oak Avenue, Wildwood, NJ 08260

$1,950,000

  • For Sale
  • Active
  • Retail
323 E Oak Avenue, Wildwood, NJ 08260View this property at 323 E Oak Avenue, Wildwood, NJ 08260
323 E Oak AvenueWildwoodNJ08260
Property Description & Video
323 E Oak Avenue, Wildwood, NJVideo Tour of 323 E Oak Avenue, Wildwood, NJ.
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.

Full Property Details for 323 E Oak Ave

General

  • Price: $1,950,000
  • Taxes: $52,357 (2017)
  • Status: Active
  • Type: Retail
  • MLS ID: 1000341275
  • Updated: 7/25/2018
  • Added: 442 day(s) ago

Business

  • Business Type: Commercial, Retail, Investment, Apartment Building, R&
  • Includes: Land Only

Parking

  • Parking Features: 1 to 5 Car Garage, Lot, Paved Parking, Private, Public, Assigned, Off Street, Street, Handicap Parking
  • Parking Type: Parking Lot, Off Street, On Street
  • Parking: 76 to 100 Car Garage

Location

  • Area: Wildwood City (20514)
  • County: Cape May
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: Atlantic Ave
  • Driving Directions: Parkway South to Rio Grande Ave East. Continue into Wildwood proper to Atlantic Ave. Turn left. Go to Oak Ave, turn Right. Property vacant lot on left
  • Location Details: Downtown

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Structural Information

  • Architectural Info: Other
  • Stories/Levels: 0

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.98
  • Lot Size (Sq. Ft.): 42,500
  • Lot Dimensions: 180 x 200
  • Street/Road Desc.: Other
  • Topography: Level
  • Zoning: TE

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Tax w/Assessment: $2,050,000
  • Tax Amount: $52,357
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 16

Listed by BHHS Fox & Roach-Washington-Gloucester, Theodore Myszka and BHHS Fox & Roach-Washington-Gloucester, Theodore Myszka

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Schools

Schools serving 323 E Oak Ave

School District:Wildwood City Schools
Score
Name
Grades
Distance
2
2900 New York Ave, Wildwood, NJ 08260
PK-5
0.5 mi
4
4300 Pacific Ave, Wildwood, NJ 08260
6-8
0.5 mi
2
4300 Pacific Ave, Wildwood, NJ 08260
9-12
0.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 323 E Oak Ave Get Price Alerts

Date
Details
Price
Change
Source
1/10/2018
Price Reduced
$1,950,000
-13.29%
MLS
6/05/2017
Listed
$2,249,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 323 E Oak Ave

Listed by BHHS Fox & Roach-Washington-Gloucester, Theodore Myszka and BHHS Fox & Roach-Washington-Gloucester, Theodore Myszka

323 E Oak Avenue, Wildwood, NJ 08260 (MLS# 1000341275) is a Retail property. 323 E Oak Avenue is currently listed for $1,950,000 and was received on June 05, 2017. Want to learn more about 323 E Oak Avenue? Do you have questions about finding other Retail real estate for sale in Wildwood? You can browse all Wildwood real estate or contact a Coldwell Banker agent to request more information.