22 E Whittier Avenue

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22 E Whittier Avenue

Strathmere, NJ 08248
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 located at 22 E Whittier Avenue
  • Situated in the coastal community of Strathmere New Jersey
  • Prime opportunity for ground-up custom residential home development
  • Located within an established beach-adjacent residential market area
  • Asset offers proximity to regional shore attractions and highways

What's Special

Residential development awaits at 22 E Whittier Avenue in Strathmere, New Jersey. This land parcel serves as a prime candidate for a custom home project, allowing for the construction of a coastal retreat in a sought-after shore community. Strathmere provides a quiet, residential atmosphere that appeals to those seeking proximity to the Atlantic Ocean and the unique lifestyle of the barrier islands. The property is positioned within a established beach-adjacent market, benefiting from the consistent demand for residential inventory in the region. Investors and builders can capitalize on this footprint to develop a primary residence or a vacation property suited to the local demographic. Nearby access to major coastal routes facilitates connectivity to other popular Jersey Shore destinations, ensuring this location remains a viable prospect for long-term residential value.

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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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