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.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty-Northfield
Office Phone: (609) 992-6872
Exterior Features
Exterior Information:
Waterfront: See Remarks, Water View
View: See Remarks, Water
Lot Features
Lot Information:
Lot: See Remarks, Views
Lot Size: 0.69 Acres
Other
Directions Information:
Directions: Right on E Oak
Price Information
Listing Price Info
Price Summary:
List Price: $9,600,000
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Housing Market Comparison
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Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Glenwood Avenue Elementary School
Glenwood & New York Ave
Distance between this listing and this school0.28 miles
Public District Grades PK-5
3
/10
Stone Harbor Elementary School
275 93rd St
Distance between this listing and this school5.39 miles
Public District Grades KG-4
3
/10
Sandman Consolidated School
838 Seashore Rd
Distance between this listing and this school5.74 miles
Public District Grades 5-6
Nearby Schools
2
/10
Wildwood Middle School
4300 Pacific Ave
Distance between this listing and this school0.54 miles
Public District Grades 6-8
3
/10
Margaret Mace School
1201 Atlantic Ave
Distance between this listing and this school1.19 miles
Public District Grades PK-8
3
/10
Crest Memorial School
9100 Pacific Ave
Distance between this listing and this school2.67 miles
Public District Grades PK-8
Nearby Schools
2
/10
Wildwood High School
4300 Pacific Ave
Distance between this listing and this school0.54 miles
Public District Grades 9-12
4
/10
Lower Cape May Regional High School
687 Route 9
Distance between this listing and this school4.75 miles
Public District Grades 9-12
3
/10
Middle Township High School
300 E Atlantic Ave
Distance between this listing and this school5.66 miles
The neighbors living near this home have an average income of $40,759. Residents of Wildwood, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 341 E Oak Ave
What is the listing price of this property?
The listing price of 341 E Oak Ave property is $9,600,000.
What type of property is this?
The property 341 E Oak Ave is land located in Wildwood, New Jersey, 08260.
Is this property for sale now?
Active Listing: 341 E Oak Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 341 E Oak Ave in Wildwood, NJ and zip code 08260. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $9,600,000.
In November 2024 more than 1 listings in Wildwood, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Wildwood, NJ decreased by 2.9% between October 2024 and November 2024. In November 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $540,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
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