2211 New York Avenue

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2211 New York 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 situated at 2211 New York Avenue.
  • Property is located in the coastal city of North Wildwood.
  • Strategic site positioned within an established New Jersey shore market.
  • Asset provides development potential for residential housing projects.
  • Site coordinates identify precise location at 38.9970, -74.8093.

What's Special

North Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal visitors and year-round residents to its accessible shoreline and established community infrastructure. This residential land parcel located at 2211 New York Avenue provides a strategic footprint for new development within this seaside market. The site offers proximity to local thoroughfares and the distinct regional amenities that characterize the barrier island environment of Cape May County. Potential use cases include the construction of a single-family home or a multi-unit residential project tailored to the coastal density requirements of the immediate vicinity. Developers and investors will find this location suitable for projects aiming to capture the demand for housing within this resilient shore community.

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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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