322 E 14th Avenue

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322 E 14th 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).

  • Two-unit multifamily apartment building located in North Wildwood
  • Prime coastal address situated at 322 E 14th Avenue
  • Well-suited for residential rental income or seasonal housing needs
  • Asset located in a high-demand New Jersey shore submarket
  • Configuration supports efficient management for current or new owners

What's Special

Investors seeking a stabilized multifamily asset will find potential in this two-unit apartment building located at 322 E 14th Avenue in North Wildwood, New Jersey. This property provides a functional residential configuration well-suited for long-term rental income or potential seasonal housing strategies within this popular shore community. The asset is positioned within a well-established coastal market that experiences significant seasonal population growth and steady demand for rental housing. Owners can leverage the favorable location to attract tenants who prioritize proximity to regional beaches and local entertainment corridors. Whether held as a primary investment or integrated into a broader portfolio, this multi-unit dwelling offers straightforward management in a high-demand submarket. The layout supports efficient operations for landlords looking to capitalize on the ongoing strength of the North Wildwood residential sector.

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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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