7911 New Jersey Avenue

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7911 New Jersey 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 totaling 0.11 acres for sale
  • Located in the coastal community of Wildwood Crest New Jersey
  • Positioned within a popular Cape May County shore submarket
  • Suitable for new construction of a residential home
  • Coordinates placed at 38.9693 latitude and -74.8445 longitude

What's Special

Construct a custom coastal residence on this 0.11-acre parcel situated in Wildwood Crest. The lot provides a residential development opportunity within a well-established New Jersey shore community known for its distinct mid-century architecture and proximity to the Atlantic Ocean. Investors and builders can capitalize on the consistent demand for primary homes and vacation properties in this quiet borough of Cape May County. The site sits within easy reach of local beaches and the various amenities that characterize this popular seasonal destination. This residential land parcel is well-positioned for those seeking to build in a walkable, beach-oriented submarket that maintains steady appeal for both year-round residents and summer visitors. With its manageable size, the property is suited for an efficient construction project tailored to the specific zoning requirements of the Wildwood Crest coastal environment.

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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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