221 E 26th Avenue

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221 E 26th Avenue

North Wildwood, NJ 08260
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 221 E 26th Avenue.
  • Property situated within the coastal market of North Wildwood.
  • Land available for sale in a well-established residential area.
  • Site offers potential for diverse residential development project types.
  • Region experiences consistent demand from both residents and tourists.

What's Special

North Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and a steady year-round population. This residential land parcel sits at 221 E 26th Avenue, positioned within an established neighborhood known for its proximity to the Atlantic shoreline and local recreational amenities. The coastal submarket benefits from infrastructure that supports both permanent residency and vacation-oriented commerce. Potential development on this site allows for a variety of residential configurations tailored to the demand for housing in this regional shore market. Prospective buyers, developers, and investors looking to increase their footprint in this specific community should note the strategic placement of the lot within the urban grid. This asset provides a foundation for new construction projects aimed at meeting current housing needs 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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