303 42nd Street

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303 42nd 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 available for sale in Avalon, New Jersey.
  • Property is located at 303 42nd Street within the 08202 zip code.
  • Site offers potential for commercial development in a coastal market.
  • Strategic location supports businesses targeting local and seasonal residents.
  • Coordinate mapping confirms the asset sits at 39.0897, -74.7318.

What's Special

This commercial land offering at 303 42nd Street in Avalon, New Jersey, presents a flexible site for development in a highly desirable coastal market. Situated within one of the region's most prominent barrier island communities, the parcel is well-positioned for commercial projects that cater to the consistent seasonal population and year-round residents of the South Jersey shore. Avalon maintains a robust real estate profile, supported by a strong local economy driven by tourism and high-end residential growth. Investors and developers will find this site suitable for various commercial applications, benefiting from its strategic location in a coastal town characterized by walkability and high demand for local service infrastructure. Its placement within the submarket provides clear exposure for business operations intended to serve the local community or visiting populations throughout the year.

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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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