656 West Ave Ocean City, NJ 08226
Estimated payment $9,039/month
About This Lot
TWO VACANT LOTS - Here is your rare chance to purchase TWO lots (40x100 CORNER plus 30x100 adjacent) in one of Ocean City’s most dynamic and walkable areas. Current sold comps support $1.8-2.3 million in per sq ft land value, but only asking $1.6 million for a quick sale!!! Situated off an alley, this listed double-lot 7,000 sq ft property boasts at total of 70 feet of desirable CORNER frontage w/100 feet of depth in a cosmopolitan West Ave location which is nestled off a quaint residential family neighborhood, just steps from the vibrant Downtown Shopping District scene, short walk to loads of bayfront water entertainment activities, primary school, public transit & Ocean City's soft sandy beaches & boardwalk. Listed property consist of TWO separately deeded lots, which are also each listed separately (corner for $850K & adjacent for $750K), and presents a strong value proposition in a high-demand area ideal for developers or investors looking to build a mixed-use space (subject to approvals).Buy ONE LOT or Buy TWO!! Lot is zoned for residential/mixed use development in the DIB zone, which opens up a ton of fabulous opportunities! Or, opt to build 2 Single Family Homes w/top floors to have open bay views. Mixed use allows you to combine your multiple residential units with bonus commercial space! Sell off all your units, or keep & rent some for your own use!! Prospective tenants for your commercial units may include Professional Offices, Kitchen cabinetry & Bath showroom, retail sales, Health Care Facilities, Banks, Restaurants & Storage, Churches...You Name It! If combined, these two lots would provide you a whopping 70x100 CORNER lot (7,000 sq ft) for an optional one large mixed use building - but each it also listed & may be sold separately. Clean Phase 1, surveys, separate deeds with clean title are all ready for a quick close. Whether you're envisioning a luxury beach retreat or a savvy investment property, these lots offer the flexibility and ideal location to bring your vision to life. Don’t miss this opportunity to build in one of the South Jersey Shore’s most sought-after island resorts of Ocean City NJ - America's Greatest Family Resort! So it's your choice - Buy One or Buy Both - but you need to ACT TODAY! Finding vacant buildable lots on this island at a reasonable price is next to impossible. These lots are priced for a fast sale as multiple recent sold comps value each at way over current asking price - Sellers are licensed real estate agents - CALL NOW!.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,424
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 70x100
- Corner Lot
- Cleared Lot
- 2 Lots in the community
- Property is zoned Mixed Use
Utilities
- Gas Available
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,424 | $216,000 | $216,000 | $0 |
| 2023 | $2,313 | $216,000 | $216,000 | $0 |
| 2022 | $2,223 | $216,000 | $216,000 | $0 |
| 2021 | $2,089 | $216,000 | $216,000 | $0 |
| 2020 | $2,112 | $216,000 | $216,000 | $0 |
| 2019 | $2,089 | $216,000 | $216,000 | $0 |
| 2018 | $2,069 | $216,000 | $216,000 | $0 |
| 2017 | $2,037 | $216,000 | $216,000 | $0 |
| 2016 | $1,959 | $216,000 | $216,000 | $0 |
| 2015 | $1,933 | $216,000 | $216,000 | $0 |
| 2014 | $1,905 | $216,000 | $216,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2025 06/08/25 | For Sale | $1,600,000 | +113.3% | -- |
| 06/08/2025 06/08/25 | For Sale | $750,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | Seaboard Title | |
| Deed | $350,000 | Seaboard Title | |
| Executors Deed | -- | -- | |
| Deed | $154,000 | -- |
Source: South Jersey Shore Regional MLS
MLS Number: 597070
APN: 08-00606-0000-00014
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