584 Avalon Boulevard

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584 Avalon Boulevard

Avalon Manor, NJ 08202
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel located at 584 Avalon Boulevard
  • Situated within the coastal community of Avalon Manor
  • Asset positioned for future residential development projects
  • Proximity to regional transit and local coastal amenities
  • Geographic coordinates verify the site at 39.1136, -74.7415

What's Special

584 Avalon Boulevard presents a residential land parcel situated in the established community of Avalon Manor, New Jersey. This site offers a functional footprint for residential development within a coastal market known for its seasonal tourism and proximity to regional beaches. The location benefits from access to local infrastructure and the broader Cape May County economic landscape, which relies heavily on hospitality and residential real estate investment. Prospective buyers might consider the site for custom home construction or long-term land banking strategies aligned with the submarket's demand for coastal housing. Its position at 39.1136, -74.7415 places it in a region characterized by consistent demand for residential improvements and property value appreciation within the Jersey Shore corridor. Developers and private investors will find this parcel serves as a viable building block for residential projects seeking to integrate into the existing fabric of the Avalon area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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