Residential Development
For Sale
$1,550,000
401 E Toledo Ave, Wildwood Crest, NJ 08260
Pending subdivision approval to create Lot 1.03, approximately 55x90, with existing motel to be cleared.
Property SizeContact for details
Lot Size0.11 Acres
Days on Market225
Property Features for 401 E Toledo Ave
General Information
Standard status
Active
Lot size
0.11 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$9,999,999
Listing Agency:
BLUE HOMES REAL ESTATE LLC
Listed By:
James Mulholland · License #1861048
(609) 408-4477
Source:
Exprealty
Added: Feb 13
Changed: Sep 17
Last Checked: Sep 26 at 10:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BLUE HOMES REAL ESTATE LLC
Investment Insights
Based on property information with market context.
The property at 401 E Toledo Avenue is currently the Ala Kai II Motel and is pending subdivision approval and proposed as Lot 1.03, approximately 55x90 (4,590 sq ft). The sale is contingent upon subdivision approvals. Prior to settlement, the property will be cleared.
Located in the South End of Wildwood Crest, the site is described as a short stroll to the beach entrance, with potential for water views.
With the approved lot configuration, there appears to be ample space to construct a new single-family home, along with room for a pool and cabana, subject to all required approvals.
Located in the South End of Wildwood Crest, the site is described as a short stroll to the beach entrance, with potential for water views.
With the approved lot configuration, there appears to be ample space to construct a new single-family home, along with room for a pool and cabana, subject to all required approvals.
Key Highlights
- Pending subdivision approval to create Lot 1.03, approx. 55x90 (4,590 sq ft)
- Currently operated as the Ala Kai II Motel; property will be cleared prior to settlement
- Planned for construction of a new single‑family home with room for a pool and cabana (subject to approvals)
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08260, NJ
12,964
Population
23,076
Households
0.6
Avg Household Size
53
Median Age
28%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
815
Density / Sq Mi
$71,549
Median Household Income
$40,361
Median Earnings
$1,182
Median Rent
$441,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Motel - Pending subdivision approval to create Lot 1.03, approximately 55x90, with existing motel to be cleared.
Where is this motel located?
The property is located at 401 E Toledo Ave Wildwood Crest, NJ.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Pending subdivision approval to create Lot 1.03, approx. 55x90 (4,590 sq ft); Currently operated as the Ala Kai II Motel; property will be cleared prior to settlement; Planned for construction of a new single‑family home with room for a pool and cabana (subject to approvals)
