This listing for a home in North Wildwood doesn’t have any pictures of the inside of the home. It says that it’s a three-bedroom, one-bathroom, 760-square-foot house that was built in 1950. But none of that was factored into its $2.299 million list price. It’s the 59-by-100-foot lot and the location that make this property worth the asking price, said Michael Hrubos of Keller Williams Realty Jersey Shore, the listing agent.
Hrubos added: "Welcome to 330 E 2nd Avenue. A wildly rare opportunity to build your dream home on an oversized lot this close to the beach and nightlife. Other options with this combination simply do not exist."
At about a 60 second walk to a guarded beach and right-hand point break at high tide, it's safe to say this would be a savvy investment in the shore market for beach bums and surfers alike. R1 zoning allows for single family new construction without a variance within the allotted setbacks and square footage requirements. A new home with ample decking on this specific lot shall produce inlet views due to an open field of view at the intersection of Surf and 2nd avenue. He adds - as a disclaimer - "Buyers are encouraged to do their due diligence regarding the zoning, building requirements and potential sea views."
That's somewhere between greed and lunacy. I know that neighborhood wee, having spent every summer of my youth just a few blcoks away. Whoever even thinks about buying this - at any price over 150k is just plain crazy. But then again, there's a lot of crazy people out there.....
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This is one helluva deal.
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