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    3716-18 West Ave Ocean City, NJ 08226

    Under Contract
    For Sale
    $45,000

    LAND - OCEAN CITY, NJ

    Lot size:
    0.07 Acres
    Days on Market:
    334
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 3716-18 West Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    0.07 Acres

    Mercury Property Management (215) 462-5100 [email protected]

    Listing agent Colby Wallace (267) 616-3408

    Listing date Jan 8, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean City Land Opportunity

    Located in Ocean City, New Jersey, this land parcel at 3716-18 West Avenue presents a development opportunity. The property has a lot size of 0.07 acres. It is located on West Avenue, where there are homes on the same side of the road. The seller is open to offers contingent upon building or use permission. The property is sold strictly AS-IS, and it is the buyer's responsibility to perform due diligence regarding zoning, use, permissions, boundaries, and utilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.61621
    Latitude
    39.24771

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    FAQs

    What type of property is this?
    Land - Land available in booming Ocean City, New Jersey.
    Where is this land located?
    The property is located at 3716-18 West Ave Ocean City, NJ.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Opportunity to develop a parcel in Ocean City.; - Located on West Ave.; - Homes are present on the same side of the road.
    (267) 616-3408
    Request Owner's contact information
    3716-18 West Ave Ocean City, NJ 08226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3716-18 West Ave Ocean City, NJ 08226
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