916 Landis Avenue

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916 Landis Avenue

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 asset located at 916 Landis Avenue in Sea Isle City.
  • Parcel offers development potential within a popular New Jersey coastal submarket.
  • Site supports the construction of a new residential project in 08243.
  • Strategic position provides proximity to local beaches and regional community amenities.
  • Vacant land ready for investment in an established barrier island location.

What's Special

Construct a residential property at 916 Landis Avenue in Sea Isle City, New Jersey. This land asset occupies a prime position in a coastal community known for its seasonal tourism and steady regional appeal. Investors and builders can utilize this parcel for new residential development to meet the ongoing housing demand within this barrier island destination. The site is situated within a well-established beach town environment, benefiting from proximity to local recreational amenities and Atlantic coastline accessibility. With its strategic location in the 08243 ZIP code, the lot provides a viable foundation for a custom home or investment project in one of the Jersey Shore's sought-after residential submarkets. Development in this area typically focuses on coastal residential configurations, leveraging the regional population influx during warmer months and a consistent year-round community presence. This vacant parcel represents a functional opportunity to secure inventory in a high-demand shoreline 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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