8211 Atlantic Avenue

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8211 Atlantic Avenue

Wildwood Crest, NJ 08260
Asking Price
$1.25M
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel available for purchase in Wildwood Crest
  • Prime coastal location situated at 8211 Atlantic Avenue
  • Asking price for the property is set at $1,250,000
  • Asset provides development potential within the Cape May market
  • Geographic coordinates for the site are 38.9647, -74.8414

What's Special

Residential development awaits at this 8211 Atlantic Avenue land parcel in Wildwood Crest, New Jersey. Situated in a coastal community known for its seasonal tourism and proximity to the Atlantic Ocean, this site provides a blank canvas for developers looking to capitalize on the housing demand in Cape May County. The location benefits from the steady influx of visitors and residents who frequent the southern Jersey Shore for its beaches and recreation. Given the residential zoning and local market trends, the property is well-suited for the construction of a custom home, multi-unit dwelling, or a strategic investment project tailored to the area’s coastal character. Investors will find the proximity to established infrastructure and neighborhood amenities beneficial for future planning. This land represents a viable entry point for those aiming to establish a footprint in the Wildwood Crest market, which remains a consistent draw for both vacationers and year-round inhabitants seeking proximity to the coastline.

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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