15 89th Street

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15 89th Street

Sea Isle City, NJ 08243
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 parcel offered for sale in Sea Isle City
  • Located at 15 89th Street within the New Jersey coastal market
  • Ideal site for custom single-family home development projects
  • Area features high demand for seasonal and permanent housing
  • Strategic location within an established regional tourism hub

What's Special

This residential land parcel at 15 89th Street in Sea Isle City is available for sale, providing a strategic acquisition for developers or individuals seeking to build in this prominent coastal community. Positioned within a popular destination along the New Jersey shoreline, the site benefits from the area's established demand for shore-based housing and vacation retreats. Sea Isle City maintains a consistent appeal for seasonal visitors and year-round residents alike, supported by a local economy that thrives on tourism and recreational coastal activities. This parcel offers clear potential for single-family residential development, allowing owners to capitalize on the proximity to local beaches and regional amenities. The surrounding submarket is characterized by a mix of primary residences and investment properties, ensuring a steady interest in high-quality housing inventory. Investors will find this asset suitable for custom home projects designed to integrate into the existing residential landscape of this well-known seaside borough.

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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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