2000 New Jersey Avenue

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2000 New Jersey Avenue

North Wildwood, NJ 08260
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 located in North Wildwood New Jersey
  • Positioned at the address of 2000 New Jersey Avenue
  • Property situated within a highly active coastal tourism market
  • Well suited for retail or hospitality focused commercial development
  • Asset offers accessibility to regional North Wildwood transit routes

What's Special

This commercial land parcel occupies a position at 2000 New Jersey Avenue in North Wildwood, New Jersey. The property provides a strategic footprint for developers or investors looking to establish a presence within the coastal landscape of Cape May County. North Wildwood functions as a prominent seasonal destination, characterized by its steady influx of tourism and a localized economy driven by hospitality and retail services. The site sits within a well-trafficked corridor, offering accessibility to regional thoroughfares that serve both residents and vacationers throughout the year. Given the configuration and zoning potential typical of commercial tracts in this municipality, the parcel supports a variety of development scenarios. Prospective buyers might consider retail, hospitality, or service-oriented projects that capitalize on the area's high foot traffic and proximity to the beachfront. The location allows for a versatile approach to site planning, accommodating businesses that aim to benefit from the consistent regional activity of the Jersey Shore submarket.

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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

Location & Travel Times