146 22nd Street

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146 22nd Street

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

AI Property Summary

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

  • Commercial land parcel located at 146 22nd Street in Avalon.
  • Property is situated within a popular New Jersey shore community.
  • Strategic location benefits from a consistent base of seasonal visitors.
  • Zoning allows for diverse commercial or retail development project types.
  • Clear access to coastal amenities and established municipal business districts.

What's Special

This commercial land parcel sits at 146 22nd Street in the coastal municipality of Avalon, New Jersey. The property provides a strategic footprint within a prominent shore community known for its high seasonal activity and robust tourism-based economy. Investors and developers frequently look to this region for projects that capitalize on the consistent influx of summer visitors and year-round residents seeking premium coastal real estate. Given its commercial zoning designation, this site is well-suited for a variety of business applications. The geography of Avalon facilitates clear access to the beach and local business districts, making it an ideal location for ventures intended to serve the local community or the seasonal hospitality industry. The parcel offers a clean slate for new construction tailored to specific commercial or retail requirements in one of the state's most established coastal submarkets.

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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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