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 available for sale in Wildwood Crest
  • Located at 7700 Atlantic Avenue in New Jersey
  • Property situated within a coastal residential submarket
  • Suitable for new residential construction and development
  • Geographic coordinates are 38.9675 latitude and -74.8396 longitude

What's Special

Construct a residential project on this parcel located at 7700 Atlantic Avenue in Wildwood Crest. Situated within a coastal community known for its tourism-driven economy and accessible beach access, this land provides a direct footprint for new housing development in southern New Jersey. The lot supports the creation of single-family or multi-family dwellings to accommodate the area's seasonal and permanent residents who favor the quiet character of this seaside destination. Developers and investors will find this site well-positioned within the established residential fabric of Cape May County. Proximity to major coastal thoroughfares ensures connectivity to neighboring shore towns and the broader regional infrastructure. This asset presents a clear path for residential building projects in a stable market environment where demand for housing remains consistent throughout the year. The rectangular configuration of the land allows for straightforward architectural planning and site layout, making it a viable candidate for various residential configurations tailored to the local zoning requirements.

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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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