910 New York Avenue

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910 New York 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 available for purchase in North Wildwood
  • Asset features a two-unit residential configuration on New York Avenue
  • Located within the established Cape May County coastal real estate market
  • Property presents a potential income-generating opportunity for private investors
  • Positioned in a region with consistent demand for housing inventory

What's Special

This multifamily apartment building at 910 New York Avenue in North Wildwood, New Jersey, is currently available for sale. Investors seeking small-scale residential assets will find this two-unit property a straightforward addition to a coastal portfolio. North Wildwood remains a consistent destination within the Cape May County region, characterized by its seasonal tourism economy and steady demand for local housing options. The property location provides proximity to the regional attractions and infrastructure that define this barrier island community. Given the layout, the asset is well-suited for an investor looking to hold long-term rental units or explore various income-generating strategies within a familiar shore market. The site offers functional space for residents in an area known for its accessible coastal lifestyle and recreational amenities. Prospective buyers can leverage the existing density to manage a manageable unit count while benefiting from the area's ongoing appeal to both seasonal and year-round occupants throughout the southern New Jersey coastline.

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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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