401 E 7th Avenue

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401 E 7th Avenue

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

AI Property Summary

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

  • Development land situated at 401 E 7th Avenue in North Wildwood.
  • Strategic location within the active and popular Jersey Shore market.
  • Site supports diverse residential or commercial development opportunities for investors.
  • Parcel benefits from steady seasonal tourism and regional economic activity.
  • Direct access to local infrastructure and essential municipal services available.

What's Special

This land for sale at 401 E 7th Avenue in North Wildwood presents a functional site for various development projects. Situated in a coastal New Jersey community, the parcel is positioned within a well-established regional market known for its seasonal tourism and steady residential base. The location provides access to the broader Atlantic County area, supporting a mix of recreational and year-round activity throughout the Jersey Shore submarket. Investors and developers often look to this region for projects that capitalize on the high volume of summer visitors and the local demographic demand for new infrastructure. The dimensions and utility of this land allow for multiple potential use cases, ranging from residential development to commercial ventures tailored to the local economy. Prospective buyers should evaluate the site's proximity to local transportation corridors and established municipal services to determine the most viable path for long-term project success in this coastal setting.

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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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