106 E 19 Avenue

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106 E 19 Avenue

North Wildwood, NJ 08260
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property consists of two distinct residential rental units.
  • The building is located at 106 E 19 Avenue in North Wildwood.
  • This apartment building is currently available for purchase as an investment.
  • North Wildwood is a prominent coastal municipality in Cape May County.
  • The site serves as a functional multifamily asset in a vacation market.

What's Special

This two-unit multifamily apartment building is situated at 106 E 19 Avenue in North Wildwood, New Jersey. The property provides a straightforward investment opportunity within a coastal community known for its seasonal tourism and steady regional appeal along the Jersey Shore. Residents enjoy proximity to local beaches and the established residential corridors of Cape May County. Given the residential layout, this asset is well-suited for an investor looking to manage a small-scale rental property or for a buyer seeking a supplemental income stream in a popular vacation destination. The structure supports long-term occupancy or potential vacation rentals depending on local market strategies. North Wildwood remains a consistent draw for both summer visitors and permanent residents, contributing to the demand for multi-family residential inventory in the area.

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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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