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3710 Ocean Avenue

3710 Ocean Avenue, Wildwood, NJ 08260
Property in Cape May
1 Units For Sale
Unit for sale at 3710 Ocean, Wildwood, NJ 08260

$5,300,000

  • Commercial
3710 Ocean, Wildwood, NJ 08260 Listing by Carole Pantalone

3710 Ocean Avenue in Wildwood, NJ was first built in 1968 and is 56 years old. This has been categorized as a commercial property type. There are a total of 2 floors. In total, the area measurement of the land is 28,440 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3710 Ocean Avenue was last sold in Dec 22, 2023 for $4,700,000. Prior to that sales transaction, the property was sold for $3,250,000 in Jan 7, 2004. Current property owners are expected to pay $59,945 in taxes per year. The property on 3710 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,900,000. To break that down further, the land itself was valued at $1,462,000. While improvements to the property were assessed at a total of $438,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Block Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221128
11/28/2022
Loft
-
-
$6,500,000
bedrooms
Loft
bathrooms
-
-
-
-
Carole Pantalone
HOFFMAN AGENCY

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,440
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.653
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ADDITIONAL LOTS: 1.01-3.01

Ownership

  • Current Owner : GMH RESTAURANT HOLDINGS IV LLC
  • Previous Owner : OCEAN SANDS PROPERTIES LLC
  • Owner Before Previous Owner: MIDTOWN PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wildwood City School District
  • Census Tract: 021400

Zoning

  • Zoning: HM

Geography

  • Assessors Map Reference: TAX MAP 31
  • Account Number: 00060060
  • District: 14
  • Parcel: 14 00166-0000-00018
  • Block: 166
  • Lot: 18
  • Municipality: WILDWOOD CITY
  • Latitude: 38.9865
  • Longitude: -74.8133

    Address

  • Full Address: 3710 Ocean Ave
  • Address - House Number: 3710
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C019
  • 4-Digit Zip Code: 4714
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,945

    Market Valuation

  • Market Total Value: $2,888,416
  • Market Land Value: $2,222,560
  • Market Improvement Value: $665,856

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,900,000
  • Assessed Land Value: $1,462,000
  • Assessed Improvements Value: $438,000

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Transaction ID: 11918518651
  • Current Sale Price: $4,700,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 27811
  • Previous Sale Recording Date: Jan 09, 2004
  • Previous Sale Contract Date: Jan 07, 2004
  • Previous Sale Amount: $3,250,000
  • Previous Sale Document Type: Deed

About Wildwood



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3710 Ocean Avenue located in?
The 3710 Ocean Avenue is a located in the neighborhood of Cape May in Wildwood, Wildwood.
How many listings are currently for sale in 3710 Ocean Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 3710 Ocean Avenue?
The average sales price for units in 3710 Ocean Avenue is $5,300,000 currently.

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