7704 Atlantic Avenue

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7704 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 situated in Wildwood Crest, New Jersey
  • Located at 7704 Atlantic Avenue within a coastal community
  • Suitable for residential development projects in the region
  • Positioned near the Atlantic Ocean and local amenities
  • Property coordinates are 38.9674 latitude and -74.8396 longitude

What's Special

Wildwood Crest serves as a prominent destination along the New Jersey shoreline, known for its well-maintained beaches and family-oriented atmosphere. This residential land parcel at 7704 Atlantic Avenue benefits from the steady demand for housing in this coastal community, which attracts both seasonal vacationers and long-term residents. The surrounding submarket is characterized by established neighborhoods, local business activity, and proximity to the Atlantic Ocean. Developing this site provides an opportunity to contribute to the residential inventory of the area. Given the specific zoning and coastal location, the property is suitable for the construction of a single-family home or a multi-unit residential project tailored to the needs of the regional market. Its placement near the coastline offers logistical advantages for those seeking to capitalize on the enduring popularity of the Jersey Shore real estate sector.

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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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