1000 Asbury
Ocean City, NJ 08226

$1,498,000

Description

Marquee location on a highly visible corner available for Mixed Use Development in Ocean City NJ. Corner property located in the heart of OC; walking distance to the Beach, Boardwalk, and all of the Downtown activities. Here is your Opportunity to develop a combined 5,000 (3,000 on the corner and 2,000 on the interior loot) feet of commercial space on an over-sized corner 100 x 100 lot with two residential units above each commercial space; each including 5 Bedrooms and 5.5 Baths. Approvals in place to develop the buildings as shown in the Attached Photos. The Sub-division of the lot has been approved by the Planning Board of Ocean City. Corner and Interior lots are also available individually; 60 x 100 lot asking $849,000 while the interior 40 x 100 foot lot is asking $649,900. Plans available upon request.

Details

MLS#511150
Sub-TypeResale
StatusActive
Days On Site308

Features

Acreage0.14

Loading Form

Loading Form

Area Information

StateNJ
CountyCape May
CityOcean City
Zip Code08226
AreaOcean City/Central
Listing VS Median (in 08226)
Price:
$1,498,000
low | high
Med:
$650,000
100% of Average
On Site:
308
low | high
Med:
153.5
100% of Average
Listing Updated: 07/17/2019
MLS Number: 511150
Listing Provided By:
JASON FROST  of  BHHS FOX and ROACH-Simpson OC
The information is being provided by South Jersey Shore Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2019 South Jersey Shore Regional MLS. All Rights Reserved.