TWO VACANT, RESIDENTIAL, BUILDABLE LOTS IN WILDWOOD, NJ!
🏡 131 W Burk Ave, Wildwood, NJ 08260
🏡 135 W Burk Ave, Wildwood, NJ 08260
💰 Price Starting at: $500,000 (FOR BOTH LOTS)
💰 Est. ARV (Per New Construction Townhouse/Condo): $650,000+!!
💰 Est. ARV (TOTAL for All 3 New Construction): $1,950,000+!!
✅ Each Lot is 40 x 100 (4,000 Sq Ft.)
✅ Both are Vacant Residential Building Lots.
✅ Public Water & Sewer
✅ Currently Being Utilized as a Parking Area for Adjacent Office Building Located at 135 W Burk Which is also for Sale.
✅ Located in the R-2 Zoning District
✅ Combine Both Lots (8 & 9) and Build 3 Townhomes Per Zoning District Guidelines.
✅ The building will need to be demolished.
✅ 131 W Burk Ave – Taxes: $2,161/year
✅ 135 W Burk Ave – Taxes: $4,250/year
📊 Townhouse/Condo Comparable Sales (With Zillow Links):
128 W Montgomery Ave – Townhouse | 3 BD | 2.5 BA | 1,500 Sq Ft. | NEW CONSTRUCTION | SOLD: $674,815
140 E Burk Ave Ave – Condo | 4 BD | 2 BA | SAME STREET, Renovated/Updated in 2023, Built in 1930 | SOLD: $600,000
145 W Andrews Ave – Townhouse | 3 BD | 2 BA | Renovated/Updated, Built in 2006 | SOLD: $650,000