177 89th Street

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177 89th Street

Stone Harbor, NJ 08247
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel located at 177 89th Street in Stone Harbor
  • Property is currently available for purchase in the New Jersey market
  • Coastal site suitable for various commercial or mixed-use development projects
  • Positioned within a popular shore community with high seasonal traffic
  • Asset offers development potential for retail or local office operators

What's Special

This commercial land at 177 89th Street in Stone Harbor, New Jersey, is currently available for sale and presents a functional option for investors or developers seeking to establish a footprint in this coastal community. The property is positioned within a well-regarded borough known for its seasonal tourism and steady local economy, providing a stable environment for various commercial development projects. Given the characteristics of this seaside submarket, the parcel is well-suited for businesses looking to capitalize on the consistent foot traffic and demographic profile of the region. Prospective buyers can leverage this site for retail, office, or mixed-use concepts that align with local development standards. Stone Harbor serves as a prominent destination along the Jersey Shore, attracting both long-term residents and a significant influx of summer visitors, which creates a dynamic commercial landscape for new ventures.

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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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