169 27th Street

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169 27th Street

Avalon, 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 available for acquisition in Avalon
  • Located at 169 27th Street in the 08202 zip code
  • Site positioned within a desirable coastal New Jersey community
  • Asset suitable for single-family or multi-unit residential development
  • Property coordinates are 39.0976 latitude and -74.7204 longitude

What's Special

Avalon, New Jersey, remains a sought-after coastal destination known for its relaxed atmosphere and proximity to the Atlantic shoreline. This residential land parcel, situated at 169 27th Street, provides an opportunity to develop within a established community that draws seasonal residents and year-round homeowners alike. The location benefits from the steady demand for housing in this barrier island environment, where market activity is driven by its reputation as a premiere shore community. Potential use cases for this site include the construction of a custom single-family residence or a multi-unit dwelling, depending on local municipal regulations and site-specific building guidelines. Investors looking to capitalize on the coastal real estate market will find this property well-positioned to serve the housing needs of the region. The proximity to local beaches and central business districts makes this an accessible option for those seeking a development project in a stable, high-value coastal submarket.

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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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