WILDWOOD CREST - Madison Resorts announces the purchase of The Oceanview Motel in Wildwood Crest, New Jersey, for $10M. It will be renovated with $12M of improvements that will preserve the history while upgrading the property and adding amenities.
Historic Wildwood Crest Doo-Wop Style Motel Saved From Demolition, Sold for $10M.
The iconic doo-wop style motel at 7201 Ocean Ave. is celebrated by the local Wildwood Crest and Jersey Shore community as one-of-a-kind for its unique style of architecture and its rich history.
It will feature 108 rooms (including 90 suites), beach access, four floors, 90,000 square feet, new lobby/reception, a restaurant, a lounge area with firepits, an ocean view patio lounge, and other upgrades to be announced. This is the second property Madison Resorts has purchased and started renovations on, following the sale of Montreal Beach Resort in Cape May earlier this year.