$3,350,000
8 E••••• Newcastle Rd (Sign up for 50 free credits to unlock)Ocean City, NJ 08226
Property Description
A truly one-of-a-kind opportunity to create a custom coastal residence in one of Ocean City's most coveted neighborhoods-the Gardens. Ideally situated across the street from the beach, with ocean and bay views, this rare buildable lot offers the opportunity to bring your vision of elevated island living to life. Offered with thoughtfully designed architectural plans by Asher Slaunwhite & Partners, the property provides the foundation for an extraordinary single-family residence designed to embrace its spectacular coastal setting. The homesite offers ample space for a private pool, outdoor entertaining areas, generous parking, and the seamless indoor-outdoor lifestyle that defines life at the Shore. Buyers also have the opportunity to work with Georgetti Construction, one of the area's most respected custom home builders. An exceptional setting, inspired architecture, and the rare opportunity to create a timeless coastal retreat on one of Ocean City's most prestigious streets.
Property Facts & Features
- Property Type
- Land
- Status
- Active
- Listed
- Aug 23, 2026
- ZIP Code
- 08226
- Property Tax (2025)
- $12,337/yr
- Assessed Value
- $1,063,600
- Last Sold
- $2,300,000 · Oct 19, 2025
- Neighborhood
- Gardens
- County
- Cape May
- School District
- Ocean City School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Other Property Info
- Source Listing Status: Active
- Area: Ocean City
- Source Neighborhood: Ocean City
- Zoning: Residentia
- Property Subtype: Vacant Lot
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Oct 19, 2026 | Price Changed | $3,350,000 | - |
| Aug 23, 2026 | Listed | $3,850,000 | - |
| Aug 14, 2026 | Listed | $3,850,000 | - |
| Oct 19, 2025 | Sold | $2,300,000 | $988 |
| Jun 29, 1992 | Sold | $249,000 | $107 |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 2025 | $12,337 | $1,063,600 | $868,800 | $194,800 | $2,057,253 |
| 2023 | $11,391 | $1,063,600 | $868,800 | $194,800 | $1,581,091 |
| 2022 | $10,944 | $1,063,600 | $868,800 | $194,800 | $1,336,853 |
| 2021 | $10,689 | $1,063,600 | $868,800 | $194,800 | $1,210,838 |
| 2020 | $10,402 | $1,063,600 | $868,800 | $194,800 | $1,174,989 |
| 2019 | $10,285 | $1,063,600 | $868,800 | $194,800 | $1,137,054 |
| 2018 | $10,189 | $1,063,600 | $868,800 | $194,800 | $1,121,586 |
| 2017 | $10,029 | $1,063,600 | $868,800 | $194,800 | $1,112,902 |
| 2016 | $9,646 | $1,063,600 | $868,800 | $194,800 | $1,095,704 |
| 2015 | $9,519 | $1,063,600 | $868,800 | $194,800 | $1,095,140 |
| 2014 | $9,380 | $1,063,600 | $868,800 | $194,800 | $1,076,191 |
| 2013 | $8,955 | $1,063,600 | $868,800 | $194,800 | $1,016,826 |
Nearby Schools
- Ocean City Primary School1.2 mi
Public · Elementary · Grades K-3
- Ocean City High School1.3 mi
Public · High · Grades 9-12
- Ocean City Intermediate School2.7 mi
Public · Elementary, Middle · Grades 4-8
- St. Augustine Regional School2.1 mi
Private · Elementary, Middle · Grades K-8
Comparable Homes Nearby
Location
Lat 39.29606 · Lng -74.55609