303 E Stockton Road

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303 E Stockton Road

Wildwood Crest, NJ 08260
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located in Wildwood Crest, New Jersey
  • Building comprises a total of three residential units
  • Situated at the address of 303 E Stockton Road
  • Coastal market with consistent regional rental demand
  • Managed size suitable for smaller investment holdings

What's Special

Wildwood Crest serves as a coastal community along the New Jersey shoreline, known for its focus on seasonal tourism and residential stability. This multifamily apartment building, situated at 303 E Stockton Road, positions investors within a popular regional destination that attracts both vacationers and year-round residents. The surrounding submarket benefits from its proximity to broader Atlantic County economic activity and established coastal transportation corridors. The property consists of three residential units, providing a manageable scale for an investor looking to enter or expand within this specific coastal market. Apartment buildings in this area typically support diverse occupancy models ranging from annual rentals to seasonal housing for summer visitors. Given the unit count and location, this asset represents a functional addition to a private investment portfolio focused on the unique supply constraints and high demand characteristic of the South Jersey shore.

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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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