710-712 New Jersey Avenue

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710-712 New Jersey Avenue

North Wildwood, NJ 08260
Asking Price
$600K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset available in North Wildwood, New Jersey.
  • Property is situated at 710-712 New Jersey Avenue.
  • Asking price for the commercial parcel is $599,900.
  • Site offers potential for diverse commercial development projects.
  • Located in a prominent coastal region with high tourism.

What's Special

North Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and maintaining a steady local economy. This commercial land parcel at 710-712 New Jersey Avenue presents a development prospect within a established seaside community. Given its strategic position in this high-traffic shore market, the site is suitable for various commercial use cases aligned with the regional zoning and business environment. Investors and developers can capitalize on the consistent demand for professional, retail, or service-oriented space in a town characterized by its active boardwalk culture and summer visitor population. The property offers direct access to local infrastructure and main thoroughfares, ensuring visibility and accessibility for future business operations. Its location within the 08260 zip code places it in proximity to both recreational amenities and the year-round residential base of the southern New Jersey coastline.

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NOI
$80,000
Cap Rate
13.34%
DSCR
2.25
Strong
Cash-on-Cash
24.66%
Monthly Payment
$2,967.978
Annual Cash Flow
$44,384.265

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