121 69th street

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121 69th street

Sea Isle City, NJ 08243-9999
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land asset located in Sea Isle City, New Jersey
  • Prime coastal development site positioned at 121 69th street
  • Well-suited for residential construction projects in a shore market
  • Regionally accessible property within a popular South Jersey destination
  • Asset supports various long-term residential or investment use cases

What's Special

This residential land parcel located at 121 69th street in Sea Isle City, New Jersey, presents a development opportunity within a coastal municipality. Sea Isle City remains a well-known destination along the Jersey Shore, characterized by a seasonal influx of residents and a steady local economy driven by tourism and recreational activity. The site occupies a strategic position for investors or developers focused on the coastal residential sector, where demand for beach-adjacent housing remains consistent throughout the year. The location provides access to the regional infrastructure connecting the barrier islands to the broader South Jersey market. Given the existing land zoning, this property is suited for the construction of a single-family home or residential structure tailored to the local aesthetic and building requirements. Its placement within this established shore community allows for potential use as a primary residence, a secondary vacation property, or a long-term investment holding within a land-constrained coastal environment.

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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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