34 Webster Avenue

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34 Webster 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 34 Webster Avenue
  • Situated in the coastal community of Strathmere, New Jersey
  • Property is currently available for purchase in this market
  • Asset provides development potential within a residential zone
  • Site coordinates are 39.1971 latitude and -74.6549 longitude

What's Special

Developing a residential property at 34 Webster Avenue provides a strategic opportunity to capitalize on the coastal character of Strathmere, New Jersey. This land parcel sits within a established residential submarket, offering a blank canvas for custom construction or a focused housing project. The coastal region of southern New Jersey is known for its seasonal population and leisure-oriented economy, making this a practical acquisition for developers or individuals seeking to build in a destination-driven locale. Its positioning allows for a straightforward integration into the existing neighborhood fabric. Investors and builders can leverage the site's footprint to address local demand for residential housing inventory. The asset is well-situated for those looking to secure a foothold in a quiet, beach-adjacent community.

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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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