243 22nd Street

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243 22nd 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 currently available for purchase in Avalon
  • Located at 243 22nd Street within a prime Jersey Shore market
  • Suitable site for custom home development or residential investment
  • Positioned in a coastal community with established housing demand
  • Provides developers a cleared parcel for new residential construction

What's Special

This residential land for sale in Avalon, New Jersey, presents a clean development site for investors or individuals looking to build in a highly sought-after coastal market. Situated at 243 22nd Street, the parcel benefits from its location within a established residential corridor of this prominent Jersey Shore community. Avalon maintains a reputation for high property values and strong demand for seasonal and year-round housing, making this an appropriate selection for a custom build or spec project. The property provides the necessary footprint for developers to execute residential plans aligned with the surrounding architectural character of the neighborhood. Buyers gain access to a premier coastal destination known for its accessibility to regional transit and proximity to major employment hubs in the South Jersey metro area. The site is well-positioned for those seeking to capitalize on the continued interest in shore-based real estate assets.

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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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