Marquee location on 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 3,000 feet of commercial space on an over-sized corner 60 x 100 lot with two residential units above; (both residential units have approx +/- 2,850 sq ft of living space) each including 5 Bedrooms and 5.5 Baths. Approvals in place to develop the building as shown in the Attached Photos. The Sub-division of the lot has been approved by the Planning Board of Ocean City. Interior lot is also available; 40 x 100 foot lot also available for $649,900. Plans available upon request. 2020-08-31
Sold for $1,200,000
$1,200,000
1000 Asbury Ave, Ocean City, NJ 08226
0beds
0baths
60Acres
VacantLand
Built in ----
60 Acres Lot
$-- Zestimate®
$--/sqft
$3,616 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,616/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Lot
- Size: 60 Acres
- Features: Corner Lot
- Land development status: Buildable Lot,Plan Approved,Subdivided
Details
- Parcel number: 0801005000000015
- Zoning description: See Remarks, Commercial, Mixed Use
Community & HOA
Location
- Region: Ocean City
Financial & listing details
- Tax assessed value: $618,100
- Annual tax amount: $3,358
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $1,200,000-22.5% |
Source: Agent Provided Report a problem | ||
| 11/22/2024 | Listed for sale | $1,549,000-1.3% |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #591012 Report a problem | ||
| 11/22/2024 | Listing removed | $1,569,000 |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #589034 Report a problem | ||
| 9/13/2024 | Listed for sale | $1,569,000-4.9% |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #589034 Report a problem | ||
| 9/13/2024 | Listing removed | $1,649,000 |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #586920 Report a problem | ||
| 8/1/2024 | Price change | $1,649,000-5.7% |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #586920 Report a problem | ||
| 7/9/2024 | Price change | $1,749,000-9.1% |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #586920 Report a problem | ||
| 4/19/2024 | Listed for sale | $1,925,000+24.2% |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #584350 Report a problem | ||
| 9/23/2022 | Sold | $1,550,000+55% |
Source: Agent Provided Report a problem | ||
| 2/17/2022 | Sold | $999,999+17.8% |
Source: Berkshire Hathaway HomeServices Fox & Roach #551719_08226_TopFloor Report a problem | ||
| 12/2/2020 | Listing removed | $849,000+61.7% |
Source: BHHS Fox & Roach 9th Street-Ocean City #525771 Report a problem | ||
| 1/14/2020 | Sold | $525,000-38.2% |
Source: | ||
| 11/7/2019 | Price change | $849,000+41.7% |
Source: BHHS Fox & Roach 9th Street-Ocean City #525771 Report a problem | ||
| 8/6/2019 | Price change | $599,000-27.7% |
Source: BHHS Fox & Roach 9th Street-Ocean City #525771 Report a problem | ||
| 8/2/2019 | Price change | $829,000+38.4% |
Source: BHHS Fox & Roach 9th Street-Ocean City #525771 Report a problem | ||
| 7/30/2019 | Listed for sale | $599,000 |
Source: BHHS Fox & Roach 9th Street-Ocean City #525771 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $3,358 | $618,100 -19.3% |
| 2018 | $3,358 -55.2% | $766,200 -7.3% |
| 2017 | $7,498 +1.3% | $826,700 |
| 2016 | $7,399 +1.5% | $826,700 |
| 2015 | $7,291 | $826,700 |
Find assessor info on the county website
Neighborhood: 08226
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Nearby schools
GreatSchools rating
- 6/10Ocean City Intermediate SchoolGrades: 4-8Distance: 1 mi
- 8/10Ocean City High SchoolGrades: 9-12Distance: 2.5 mi
- 7/10Ocean City Primary SchoolGrades: PK-3Distance: 2.4 mi
- New Jersey
- Cape May County
- Ocean City
- 08226
- 1000 Asbury Ave