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308 E Monterey Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building located in Wildwood Crest, New Jersey.
- The residential property consists of two individual units.
- Situated at 308 E Monterey Avenue within Cape May County.
- Coastal market positioned for potential long-term rental income strategies.
- Accessible location near major regional routes in the shore area.
What's Special
Wildwood Crest serves as a prominent coastal community within Cape May County, characterized by a steady influx of seasonal visitors and a stable year-round resident base. This multifamily apartment building sits on Monterey Avenue, benefiting from the region's well-established reputation for residential demand. The property comprises two distinct units, providing a manageable configuration for investors seeking a smaller-scale residential asset in an established Jersey Shore submarket. Given the local market demographics, this building is suited for long-term rental income or potential conversion strategies depending on specific investment objectives. The coastal location ensures sustained interest from tenants looking to reside in proximity to the Atlantic shoreline, supported by the broader economic activity of the Cape May peninsula. Proximity to major regional transit routes further enhances the accessibility of the site for occupants commuting throughout the surrounding county. This asset represents a functional addition to a portfolio focused on multifamily residential properties in coastal New Jersey environments.
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