4506 Fifth Avenue

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4506 Fifth 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 located at 4506 Fifth Avenue in Avalon
  • Prime coastal site situated in the 08202 zip code area
  • Asset supports development of custom residential housing or vacation properties
  • Positioned within a stable and highly sought after New Jersey market
  • Site coordinates are 39.0894 latitude and -74.7376 longitude

What's Special

Developing a custom residential property on Fifth Avenue in Avalon offers a strategic position within a coastal New Jersey market. This land parcel provides the footprint necessary to execute a specific architectural vision tailored to the high-demand beachfront environment of the region. Avalon remains a sought-after destination, characterized by its seasonal tourism economy and a stable base of luxury coastal housing. Proximity to local infrastructure and the beach supports long-term value for residential assets in this submarket. The site dimensions allow for diverse design configurations, making it suitable for primary residences or seasonal vacation homes. Investors and developers will find this location appropriate for projects requiring access to the shore while maintaining connections to the broader regional transit corridors. The established nature of the surrounding community ensures that new residential construction benefits from the existing area character and utility services present along the Fifth Avenue corridor.

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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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