321 E 19th Avenue

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321 E 19th 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 in North Wildwood, New Jersey.
  • The property at 321 E 19th Avenue contains 4 total units.
  • Coastal market asset suitable for seasonal or long-term rental income.
  • Well-situated within an established residential and tourist-oriented community.
  • Managed property size ideal for focused real estate investment portfolios.

What's Special

North Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and a consistent residential base. Situated at 321 E 19th Avenue, this multifamily apartment building represents a focused investment asset within this established shore community. The property features a total of 4 units, providing a manageable scale for investors seeking to maintain a residential rental presence in a high-demand vacation market. Given the location and density of the surrounding neighborhood, the building is well-positioned to serve long-term tenants or seasonal occupants. The asset's structure and configuration support efficient management for those looking to expand their portfolio in a coastal environment. Its proximity to regional amenities and local infrastructure underscores its utility as a reliable income-producing property in the Cape May County 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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