5901 New Jersey Avenue

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5901 New Jersey Avenue

Wildwood Crest, NJ 08260
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B

AI Property Summary

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

  • Located at 5901 New Jersey Avenue in Wildwood Crest, New Jersey.
  • This commercial mixed-use asset is currently available for purchase.
  • The site sits within a vibrant coastal tourism-driven local economy.
  • Property supports diverse business uses including retail and professional offices.
  • The location experiences high seasonal activity typical of barrier islands.

What's Special

Retailers and service-based businesses can capitalize on this mixed-use asset located at 5901 New Jersey Avenue in Wildwood Crest. Situated within the coastal environment of New Jersey, the property benefits from the seasonal population influx characteristic of this barrier island community. The location provides accessible frontage in a market known for its tourism-driven economy and maritime lifestyle, making it a functional choice for operators looking to establish a presence in a high-visibility corridor. Given the versatility of the mixed-use designation, this space supports various commercial configurations suited for retail shops, offices, or local service providers serving both residents and visitors throughout the year. Wildwood Crest maintains a distinct neighborhood character, offering stable foot traffic patterns during the peak summer months and a consistent year-round demographic base. Investors and business owners seeking an entry point into this specific Jersey Shore submarket will find this asset provides a foundational opportunity for commercial operations or future repositioning strategies.

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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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