312 E 15th Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

312 E 15th 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).

  • Multifamily apartment building located at 312 E 15th Avenue
  • Two-unit residential asset available for purchase in North Wildwood
  • Situated in a prominent coastal community in Cape May County
  • Suitable for long-term rentals or seasonal shore housing
  • Positioned within an established New Jersey vacation market

What's Special

Investors seeking a manageable multifamily asset in North Wildwood will find this two-unit apartment building at 312 E 15th Avenue a functional addition to a coastal real estate portfolio. The property occupies a position in a well-established New Jersey shore community known for its seasonal tourism demand and steady year-round residential population. Given its structure, the asset is suitable for long-term rental income or potential conversion into seasonal vacation housing for beach visitors. North Wildwood remains a consistent destination within the Cape May County market, supported by its proximity to the Atlantic coastline and accessible regional infrastructure. Owners of properties in this submarket benefit from the area's ongoing appeal to both permanent residents and summer vacationers. This building provides an opportunity to acquire a compact, low-maintenance investment within a popular resort town setting.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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