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7201 Ocean Ave
Wildwood Crest, NJ 08260

Madison Resort Wildwood Crest - Ocean Tower · Hospitality Property For Sale · 208,237 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.07 AC
Building Size 208,237 SF
No. Stories 5
Year Built/Renovated 1964/2024
Parking Ratio 0.49/1,000 SF
Corridor Exterior

Amenities

  • Balcony
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Beach (direct access)
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

About 7201 Ocean Ave , Wildwood Crest, NJ 08260

The Oceanview Motel, 108 Beachfront units available for sale. This property is located directly on the beach at Rambler Road. It is currently 4 stories high. It is the best location possible in Wildwood Crest. Actually the first hotel in the Crest directly on the beach. Property features a well known beach grill that does breakfast as well as lunch. Also is an onsite laundry for all the linens as well as laundry facilities for the guests. Amenities include 2 volleyball courts on the beach, 9 hole miniature golf course, game room, reading lounge, Bar-B-Que grills and tables and daily entertainment. This property is also approved for 69 condominium residences. All plans and details are available by contacting the listing Broker. Income and expense information is available for qualified buyers with the signing of a non-disclosure. This property is approx. 450 ft from beach to Ocean avenue, then 100 feet along the beach and 200 ft along Ocean. Surveys, Phase 1 enviromentals, CAFRA permits are all available. The center of Wildwood Crest, directly on the beach. This property is approx. 450 ft from beach to Ocean avenue, then 100 feet along the beach and 200 ft along Ocean.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-00094-03-00001
Land Assessment
$4,536,000
Improvements Assessment
$3,214,000
Total Assessment
$7,750,000

zoning

Zoning Code M-1A
M-1A
  • Listing ID: 5778657

  • Date on Market: 2/7/2017

  • Last Updated:

  • Address: 7201 Ocean Ave, Wildwood Crest, NJ 08260

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