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Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $310
MLS Listing ID NJCM2003504
Sold Date 06/28/24
Style Other
Abv Grd Liv Area 2,640
Originating Board BRIGHT
Year Built 1953
Annual Tax Amount $5,294
Tax Year 2022
Lot Size 5,998 Sqft
Acres 0.14
Lot Dimensions 60.00 x 100.00
Property Description
CALLING ALL DEVELOPERS, BUILDERS, AND INVESTORS! Don't miss this exceptional purchase opportunity! Located just a short distance from the bay, this multi-family property is perfectly situated in Wildwood Crest, zoned R-2 on a 60 x 100 lot. A solid investment choice, the property is currently set up for 3 units and a large garage space. The main house has 3 bedrooms, 1 bath on the first floor and 2 bedroom 1 bath unit on the second floor. The rear unit above the garage has 2 bedrooms and 1 bath. The property has three separate electric meters. This property presents a unique chance to either continue operating as a rental property or to redevelop into a large single-family home or a duplex, capitalizing on its prime location and zoning flexibility.
Location
State NJ
County Cape May
Area Wildwood Crest Boro (20515)
Zoning R-2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Garage Garage - Side Entry
Garage Spaces 5.0
Waterfront N
Water Access N
Accessibility Level Entry - Main
Attached Garage 1
Total Parking Spaces 5
Garage Y
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Wildwood Crest Schools
Others
Tax ID 15-00023-00021
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Brian Collini
Broker of Record / Owner | License ID: 1324485/0455485
Broker of Record / Owner License ID: 1324485/0455485