5 E Winthrop Avenue

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5 E Winthrop 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 spanning 0.1 acres for sale
  • Located in the coastal community of Strathmere, New Jersey
  • Asset type categorized as residential development land
  • Positioned near the coastline in a desirable shore location
  • Suitable for custom residential construction and development projects

What's Special

Developing a residential property in Strathmere allows owners to capture a footprint within a highly desirable coastal community. This 0.1-acre parcel offers a prime opportunity for investors or individuals looking to build in a scenic New Jersey shore location. The site provides a clean slate for custom residential construction, catering to seasonal residents or permanent homeowners seeking proximity to the coastline. Strathmere remains a quiet, sought-after destination known for its relaxed atmosphere and connection to the Atlantic Ocean. The area benefits from its position along the New Jersey barrier islands, which attract consistent interest from those prioritizing waterfront access and coastal living. With land availability becoming increasingly limited in this submarket, this plot represents a tangible asset for those planning long-term residential projects near the beach. The site is positioned to support a thoughtfully designed dwelling tailored to the specific character of this seaside region.

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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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