341 East Oak Avenue

Wildwood, NJ 08260

$9,600,000
Price
30,000 / 0.69
Lot Size / Acres

Description

Bring a developer's dream to life! This extraordinary opportunity awaits you to create a breathtaking oasis of 48 ocean view condos just steps to the beach. The vision promises a lifestyle that merges luxurious modern design, panoramic vistas, and the mesmerizing allure of the sea. The land is currently a functioning parking lot that measures 150' x 200' totaling 30,000 sq ft. But imagine 48 impeccably designed condos adorned with private balconies that capture enchanting ocean panorama. 40 of the...Bring a developer's dream to life! This extraordinary opportunity awaits you to create a breathtaking oasis of 48 ocean view condos just steps to the beach. The vision promises a lifestyle that merges luxurious modern design, panoramic vistas, and the mesmerizing allure of the sea. The land is currently a functioning parking lot that measures 150' x 200' totaling 30,000 sq ft. But imagine 48 impeccably designed condos adorned with private balconies that capture enchanting ocean panorama. 40 of the units will offer 3 bedrooms with en suite baths, a den, powder room and laundry room while the other 8 include 3 bedrooms with en suite baths, powder room and laundry room. The architecture embraces a contemporary and elegant aesthetic, complimentary to the coastal charm of Wildwood. This visionary development includes two elevators and two levels of parking, thoughtfully designed to accommodate 2 parking spots per unit, making coastal adventures and day-to-day routines a breeze. You can even hit the gym or take laps in the rooftop pool while watching the sunset on the horizon! Seize the opportunity to team up with an experienced developer to make your mark on the coastline, and create an enclave of luxurious ocean view condos that will captivate hearts and stand the test of time. Development plans available. Asking price includes plans with local approvals. With state/CAFRA approvals, including all drawings required for permit-ready, the asking price is 12M. Additionally, the Seller (or its assignee or nominee in its sole discretion) will retain a 30-year lease on the ground level parking lot in its current dimensions at $10,000 per year paid in arrears.
  1. Listed by Hader Rivas Sr. • EXP Realty, LLC
    P: (609)-992-6872 hader@therivasrealtygroup.com

Property Details for 341 East Oak Avenue

Tax ID Number
14-00195 01-00020
Ownership
Fee Simple
HOA
No
Waterfront
No
Views
Ocean
Garage
No
Municipality
WILDWOOD CITY
Central Air
No
LISTING UPDATED: 01/16/2025 12:46 AM

Property Details for 341 East Oak Avenue

StatusActive
MLS #NJCM2004506
Days on Market82
Taxes$24,008 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.69 AC
CountyCape May County

Building Information for 341 East Oak Avenue

Lot Size0.69 AC

Property Information for 341 East Oak Avenue

Location
Location
  • School District Name: WILDWOOD CITY SCHOOLS
  • School District County ID: 300200396652
  • SchoolDistrictSource: Listing Agent
  • County: CAPE MAY
  • MLS Area: Wildwood City (20514)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $800,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: T/E
  • Tax Lot: 00020
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 150.00 x 200.00
  • Lot Dimensions Source: Assessor
  • Current Use: Parking
  • Parcel ID: 25282603
  • Additional Parcels: No
  • Ground Rent Exists: No
Utilities
Utilities
  • Water Source: None
  • Sewer Septic: Other
Confidential Data
Listing Office
  • List Agent AOR: Atlantic City & County Board of REALTORS
  • List Agent URL: www.therivasrealtygroup.com

Property History for 341 East Oak Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 341 East Oak Avenue

Taxable ValueLand$800,000Additions-Total$800,000
Tax Record2023$34,705 ($2,892 / month)
Home Facts
Beds0Lot Size30,000 SqFtStyleMiscellaneous Vacant LandZoningT/ECountyCAPE MAYAPN14 00195- 01-00020

Schools near 341 East Oak Avenue

This home is within Wildwood City Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Glenwood Ave Elementary School
PublicPK to 5

Wildwood Middle School
Public6 to 8

Wildwood High School
Public9 to 12

Cape Trinity Catholic School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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341 East Oak Avenue is a 0.69 ac of land for sale in Wildwood, NJ 08260. This property was listed for sale on December 20, 2024 by EXP Realty, LLC, it's currently listed at $9,600,000. This listing's school district is Wildwood City Board Of Education School District. Nearby schools include Glenwood Ave Elementary School, Wildwood Middle School and Wildwood High School. 341 East Oak Avenue is a 0-bed, 0-bath, 0.69 ac of land on a 30,000 sq. ft. / 0.69 acres lot.

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Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.