724 W Pine Avenue

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724 W Pine 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 asset located at 724 W Pine Avenue.
  • The property is situated in the West Wildwood, New Jersey market.
  • Parcel is designated for residential land use and development.
  • The site is positioned near regional coastal recreational attractions.
  • Asset provides development potential for custom residential housing projects.

What's Special

This residential land in West Wildwood, New Jersey, presents a development prospect for those looking to build in a coastal setting. Situated at 724 W Pine Avenue, the parcel offers a clean slate for residential construction within this established shore community. The area is characterized by its seasonal tourism and proximity to regional recreational hubs, making it a viable location for a primary residence or a vacation property investment. Investors and developers will find the parcel suited for custom housing projects that cater to the local demographic and housing demand. With its placement in the 08260 zip code, the site benefits from the broader economic activity of the southern New Jersey coastline. Prospective builders should evaluate the local municipal requirements for residential land use to maximize the utility of this site. This location provides access to the diverse amenities and attractions that define the West Wildwood market, supporting future residential viability.

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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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