341 East Oak Avenue

Wildwood, NJ 08260

$9,600,000
Price
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Beds
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per Sq. Ft.
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of multiple house
an aerial view of a city
an aerial view of multiple house
an aerial view of beach and ocean
an aerial view of beach and ocean
an aerial view of beach and ocean
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city
a city view with tall buildings
a view of a city from a balcony

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 • eXp Realty-Northfield
  2. Listed by Justus Elijah Rosario • eXp Realty-Northfield

Property Details for 341 East Oak Avenue

City/Community
Wildwood
Class
LOTS/LAND
Waterfront (Y/N)
No
Zoned
T/E
LISTING UPDATED: 12/20/2024 02:01 PM

Property Details for 341 East Oak Avenue

StatusActive
MLS #591597
Days on Market13
Taxes$25,824 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built-
Lot Size0.69 AC / 30,056 SF
CountyCape May County

Building Information for 341 East Oak Avenue

Stories-Residences-Year Built-Lot Size0.69 AC / 30,056 SF

Property Information for 341 East Oak Avenue

Summary
Location and General Information
  • Address: 341 E Oak Ave
  • Address Direction: E
  • Address Number: 341
  • Address Search Number: 341
  • Address Street: Oak
  • Area: Wildwood City
  • County: Cape May
  • Directions: Right on E Oak
  • Fips Code: 34009
  • Location: Beach Block, See Remarks, Boardwalk Area, Water View
  • State: NJ
  • Street Designation: Ave
  • Zip: 08260
Owner
  • Owner: Owner of Record
Taxes and HOA Information
  • LVT Date: 12-20-2024
  • Tax Year: 2024
  • Taxes: 25824
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 195.0
  • Lot #: 20
  • Lot Dimensions: 150x200
  • Number Of Acres: 0.69
Property and Assessments
  • Associated Document Count: 1
  • Doc Timestamp: 12-20-2024
  • Estate Y/N: No
  • Property Id: 14-00195-01-00020
  • Total Assessment: 800000
  • Adult Community/55+: No
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

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
Glenwood Ave Elementary School
Public - PK to 5
Wildwood Middle School
Public - 6 to 8
Wildwood High School
Public - 9 to 12
Cape Trinity Catholic School
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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More information about 341 East Oak Avenue, Wildwood, NJ 08260

341 East Oak Avenue is for sale in Wildwood, NJ 08260. This property was listed for sale on December 20, 2024 by eXp Realty-Northfield, 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, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty-Northfield

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.