3313-3315 Bay Ave, Ocean City, NJ 08226 – 589469 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$7,000,000

Est. payment - /mo

1.02 Acres Lot

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UPDATED:

09/30/2024 07:00 PM

Key Details

Property Type Vacant Land

Sub Type 1+ to 5 Acres

Listing Status Active

Purchase Type For Sale

MLS Listing ID 589469

Tax Year 2023

Lot Size 1.020 Acres

Property Description

Located at the corner of 34th and Bay Ave in Ocean City, NJ, this property offers a prime real estate opportunity with significant redevelopment potential. Currently housing 32 condo units, its proximity to The Garden State Parkway enhances its desirability, providing convenient access to transportation and nearby amenities. Ocean City itself is renowned for its beaches and community atmosphere, making it a sought-after location for both residents and vacationers. The existing infrastructure presents a solid foundation for redevelopment, catering to developers looking to enhance the property's value through modernization or expansion. This investment opportunity not only promises attractive returns but also aligns with the vibrant coastal lifestyle that Ocean City is known for, making it a compelling option in the region's competitive real estate market.

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Bay Area

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)

Listed by SABAL REAL ESTATE

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262