116 W Columbine Road

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116 W Columbine Road

Wildwood Crest, 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 available for sale in Wildwood Crest
  • Located at 116 W Columbine Road with coordinates 38.9773, -74.8355
  • Prime site for new residential development in a coastal market
  • Situated in the desirable southern New Jersey shore region
  • Ideally suited for custom residential or multi-unit construction projects

What's Special

This residential land at 116 W Columbine Road in Wildwood Crest is currently for sale, providing a strategic acquisition for investors or individuals looking to develop in a established coastal community. Located in the popular southern New Jersey shore region, this parcel benefits from the stable seasonal tourism economy and the year-round appeal of the Wildwoods. The site is positioned to accommodate custom residential construction, catering to the ongoing demand for housing in this well-regarded vacation destination. Developers will appreciate the location within a community known for its proximity to Atlantic beaches and local boardwalk attractions. Whether intended for a single-family home or a multi-unit project, this land serves as a blank canvas for residential growth in a high-demand submarket. The area is easily accessible via regional transit routes and maintains a consistent profile of property values driven by its coastal geography and recreational amenities.

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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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