2 Mueller Avenue

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2 Mueller Avenue

West Wildwood, NJ 08260
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 offered for sale in West Wildwood, New Jersey.
  • Property is located at the address of 2 Mueller Avenue.
  • The land is designated for residential development and construction purposes.
  • Site sits within the coastal environment of southern Cape May County.
  • Strategic location offers potential for individual or multi-family housing projects.

What's Special

This residential land at 2 Mueller Avenue in West Wildwood, New Jersey, is available for purchase. Positioned in a coastal community, this parcel provides a blank canvas for developers or private buyers looking to capitalize on the regional demand for housing near the shore. West Wildwood serves as a quiet residential enclave within the broader Cape May County area, characterized by its proximity to popular tourism hubs and Atlantic beaches. Given its residential zoning designation, this land is well-suited for the construction of a single-family dwelling or a small-scale multi-family development project. Investors often look toward this submarket for its seasonal appeal and steady interest from those seeking vacation or year-round coastal residences. The site benefits from its local accessibility and the established character of the surrounding streetscape, providing a straightforward opportunity for ground-up development in an active seaside 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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