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321 E Cedar Ave - Casino Pier 1.02 Acres of Commercial Land Offered at $6,163,695 CAD in Wildwood, NJ 08260

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Investment Highlights

Positioned within walking distance of the iconic Wildwood Boardwalk and Casino Pier.
Access to major routes, including New Jersey Avenue, Rio Grande Avenue, and the NJ Turnpike, enhancing regional connectivity.
Garage infrastructure beneath the concrete pad and off-street metered parking available for added utility.

Comprises 4,200 SF of space on a substantial 1.02-acre parcel zoned for broad redevelopment uses.
Located along a popular tourist and entertainment corridor with high seasonal foot traffic.
Situated within an Opportunity Zone, offering potential tax advantages for qualified projects.

321 E Cedar Avenue_S

Property Facts

Price	$6,163,695 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Multifamily Hospitality Apartment Units - Condo Hotel Storefront, Retail or Residential
Sale Condition	Redevelopment Project	Total Lot Size	1.02 AC
No. Lots	1	Cross Streets	Boardwalk
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	BRZ - Boardwalk redevelopment zone

Price	$6,163,695 CAD
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Multifamily Hospitality Apartment Units - Condo Hotel Storefront, Retail or Residential
Total Lot Size	1.02 AC
Cross Streets	Boardwalk
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	BRZ - Boardwalk redevelopment zone

1 Lot Available

Lot

Price	$6,163,695 CAD	Lot Size	1.02 AC
Price Per AC	$6,042,838.10 CAD

Price	$6,163,695 CAD
Price Per AC	$6,042,838.10 CAD
Lot Size	1.02 AC

4,200 SF on 1.02 acres. Concrete pad is potentially significant infrastructure for development standpoint.

Description

Located in the heart of Wildwood, offering easy access to Wildwood Boardwalk, New Jersey Ave, Rio Grand Ave, and the NJ Turnpike.

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Moderately walkable

60/100

Moderately drivable

70/100

Limited public transit

20/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Number	14-00187-0000-00001-021	Improvements Assessment	$430,226 CAD
Land Assessment	$2,146,883 CAD	Total Assessment	$2,577,109 CAD

Property Taxes

Parcel Number

14-00187-0000-00001-021

Land Assessment

$2,146,883 CAD

Improvements Assessment

$430,226 CAD

Total Assessment

$2,577,109 CAD

(215) 448-6021

Contacts

Jason Ostach
Chris Pennington
Binswanger

Listing ID: 32106887
Date on Market: 2024-06-12
Last Updated:
Address: 321 E Cedar Ave, Wildwood, NJ 08260

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