386 22nd Street

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386 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 available for acquisition in Avalon
  • Located at 386 22nd Street in the 08202 area
  • Suitable site for custom residential development projects
  • Geographic coordinates for the plot are 39.1025, -74.7221
  • Positioned within a established coastal New Jersey residential market

What's Special

This residential land in Avalon, New Jersey, presents a viable acquisition for private investors or developers seeking to establish a foothold in a prominent coastal market. Positioned at 386 22nd Street, the site benefits from the established residential character of the 08202 zip code. Avalon maintains a consistent demand for high-quality housing due to its attraction as a regional destination for seasonal and year-round residents alike. The barrier island location offers connectivity to the broader Cape May County infrastructure, supporting a stable environment for residential development projects. Investors looking to capitalize on land value within this specific submarket will find this parcel serves as a functional foundation for custom construction. Its placement within the local street grid allows for efficient site planning and integration into the existing neighborhood fabric. Whether for long-term land banking or immediate development of a residential property, this asset provides an accessible point of entry into the Avalon real estate landscape.

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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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