349 89th Street

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349 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 asset situated at 349 89th Street in Stone Harbor.
  • Located in a prominent Jersey Shore destination with high seasonal traffic.
  • Property is currently available for sale in Cape May County.
  • Site offers potential for commercial development or specialized retail use.
  • Geographic coordinates for the parcel are 39.0593, -74.7579.

What's Special

This commercial land parcel spans 349 89th Street in Stone Harbor, New Jersey, providing a strategic footprint within this coastal borough. Stone Harbor maintains a robust seasonal economy driven by its status as a premier vacation destination along the Jersey Shore, characterized by high foot traffic and consistent visitor demographics throughout the warmer months. Given the local zoning and the proximity to the central business district, the site is well-positioned for commercial redevelopment or specialized retail use cases. Investors and developers focusing on the Cape May County submarket will find this property advantageous for business operations catering to both residents and the significant summer tourism population. The site layout supports various commercial configurations, allowing for potential projects that align with the aesthetic and functional needs of this high-demand shoreline community. Access to major regional coastal routes provides connectivity to nearby municipalities, facilitating logistics and patron access for future commercial ventures on the island.

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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

Location & Travel Times