2205 Harbor Avenue

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2205 Harbor Avenue

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 sale in Avalon, New Jersey.
  • Located specifically at the address of 2205 Harbor Avenue.
  • Property is situated within the popular coastal Jersey Shore region.
  • Site offers potential for custom residential development or investment.
  • Avalon serves as an established destination for seasonal vacation residents.

What's Special

Situated at 2205 Harbor Avenue, this residential land parcel occupies a position in the coastal community of Avalon, New Jersey. This site provides a clean slate for developers or individuals looking to establish a custom residence within a region known for its seasonal tourism and proximity to regional beaches. Avalon maintains a distinct character as an affluent barrier island destination, drawing consistent demand for high-end residential housing stock and vacation properties. Local economic activity in the Jersey Shore area remains tied to its robust hospitality and summer tourism sectors, which sustain property values throughout the municipality. Future owners of this parcel can capitalize on the area's established infrastructure and the enduring appeal of the South Jersey coastline. Given the zoning and coastal location, the asset is suited for the development of a single-family home or a comparable residential project designed to meet the aesthetic and functional expectations of this specific 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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