7700 Atlantic Avenue

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7700 Atlantic Avenue

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 parcel located at 7700 Atlantic Avenue
  • Situated within the coastal borough of Wildwood Crest
  • Asset is currently available for purchase by investors
  • Property is positioned within a established residential zone
  • The site supports development of various residential configurations

What's Special

Wildwood Crest is a coastal destination situated in Cape May County, serving as a popular residential and seasonal market along the New Jersey shoreline. This residential land parcel is located at 7700 Atlantic Avenue, placing it within a well-established community known for its proximity to the Atlantic Ocean and local recreational amenities. The site provides a direct opportunity for developers or individuals looking to establish a footprint in this beach-oriented environment. Given the zoning and residential designation, the property is suited for the construction of a single-family residence, multi-unit dwelling, or vacation home. Its position within the borough allows for convenient access to regional transit routes and municipal services while maintaining the character of a quiet seaside neighborhood. The parcel offers a blank canvas for projects tailored to the high demand for housing within this coastal submarket.

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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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