38 E Vincent Avenue

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38 E Vincent 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 available for sale in Strathmere, New Jersey
  • Prime coastal location positioned near the Atlantic ocean shoreline
  • Suitable for new single-family residential development or investment
  • Asset located within a sought-after shore community in New Jersey
  • Property offers potential for custom housing project implementation

What's Special

This residential land parcel in Strathmere is for sale, providing a strategic acquisition for investors or individuals looking to develop custom housing within this coastal New Jersey community. Positioned along the Atlantic coastline, the site benefits from the serene, beach-oriented character of the region, which remains a primary draw for seasonal residents and those seeking a quieter residential atmosphere away from larger urban hubs. The property is well-suited for developers pursuing single-family home projects or buyers aiming to secure a footprint in a stable shore market. Strathmere is characterized by its distinct coastal appeal and proximity to larger neighboring beach towns, offering a balance between quiet living and convenient access to regional commerce. Given the land-constrained nature of the area, this parcel presents a clear path for residential improvement projects tailored to the local housing market.

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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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