24-26 W 16th St, Ocean City, NJ 08226

Great opportunity on a much sought after location on the 16th St bay front lagoon. oversized 47.25 x 100 lot, 3 boat slips, southern exposure, easy walking distance to beach, boardwalk, downtown, playgrounds and restaurants. Gorgeous sunsets and views on a protected lagoon, with bay water well circulated between 16th and 17th under the bridge during tides. This well-built duplex property can be used as-is with a little sprucing up, separated into condos, converted into a single family, torn down to build a brand new single family on one of the few large lots on the 16th St lagoons. Great opportunity for a family joint venture. This property has not been appraised by the city since 2012. Note: the $578,815.00 amount on tax records reflects the private buy out of the first floor unit co-owner in 2008, which was the value of the one unit at that time.