2300 New Jersey Avenue

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2300 New Jersey Avenue

North Wildwood, NJ 08260
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office space located in North Wildwood, New Jersey.
  • The building features 1,450 square feet of usable space.
  • Property is currently available for purchase on the market.
  • Positioned on New Jersey Avenue with accessible coastal frontage.
  • Suitable for small businesses or local professional office use.

What's Special

North Wildwood serves as a prominent coastal hub within Cape May County, maintaining a consistent flow of commerce and tourism throughout the year. Situated at 2300 New Jersey Avenue, this traditional office asset spans 1,450 square feet. The property occupies a strategic position within the local business corridor, providing accessibility for clients and employees navigating the region. Its layout suits various professional requirements, making it an appropriate choice for small businesses, local service providers, or independent firms seeking a permanent footprint in a well-established coastal market. The regional economy benefits from a diverse mix of seasonal hospitality interests and a stable year-round population. This office space allows for professional administrative operations, consulting services, or private practice use within a recognizable street-level location. With its compact footprint and positioning in an active segment of North Wildwood, the building offers functional space for enterprises aiming to establish a presence in this South Jersey 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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