325 Spruce Ave Wildwood, NJ 08260-3059
Property profile & analytics
325 Spruce Ave Wildwood, NJ 08260-3059
- Commercial real estate
- 5,464 SF
- 0.69 lot acres
Property ID
US59-1556510
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 325 Spruce Ave
- Year built
- 2003
- Construction
- BRICK
- Lot size
- 0.69 lot acres
- Property size
- 5,464 SF
- Zone code
- CBD
- Property type
- Commercial real estate
- APN
- 07 00130-0000-00001
- APU
- 700130000000001
Description
This exceptional free-standing restaurant building presents a lucrative investment opportunity in the thriving commercial corridor of North Wildwood, New Jersey. Located at 325 W Spruce Ave, this 7,164 square foot, two-story property sits on a substantial 30,000 square foot lot, offering significant potential for expansion or redevelopment. Built in 2003, the building is zoned CBD and enjoys high visibility at a signalized intersection directly across from a Wawa, ensuring strong traffic counts. Its prime location at a major entry point to North Wildwood from the Garden State Parkway guarantees consistent exposure to a large customer base. The property's substantial size and strategic location make it ideal for continued operation as a restaurant or for various commercial redevelopment projects. The asking price is $2,500,000. This is a rare opportunity to acquire a well-positioned commercial property in a desirable New Jersey coastal town. The net rentable square footage is 7,164 square feet. Further details are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,955,000
- ML approach
- $2,060,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,879,000
- AI Estimate
- $1,319,000
Market price range: $634k - $1.88MMarket price range: $341k - $1.32M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.7956
- Latitude
- 39.0125
- CBSA code
- 36140
- CBSA name
- OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$30,962
$1,364,000
$759,600
$2,123,600
-
$1,364,000
$759,600
$2,123,600
