8507 New Jersey Avenue

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8507 New Jersey Avenue

Wildwood Crest, NJ 08260
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel located at 8507 New Jersey Avenue in Wildwood Crest.
  • This asset is situated in a prominent coastal region of New Jersey.
  • The land is available for purchase in a established commercial submarket.
  • Versatile site suitable for multiple commercial development or investment project types.
  • Proximity to regional transit routes supports business accessibility for this property.

What's Special

Wildwood Crest is a coastal destination within Cape May County, known for its steady seasonal tourism and residential appeal. Situated at 8507 New Jersey Avenue, this commercial land parcel occupies a position in a well-established beach community. The site provides a flexible canvas for developers seeking to establish a footprint in this active shoreline market. Given the location, the land is suitable for a variety of commercial improvements intended to serve both local residents and visitors during the peak summer months. Investors looking to capitalize on the sustained popularity of the Jersey Shore may find this acreage fits their requirements for new construction or project expansion. The property offers proximity to regional transit routes and local amenities, supporting potential business operations or mixed-use designs. Its presence in this specific submarket positions it to benefit from the ongoing economic activity found throughout the Atlantic coast region of New Jersey.

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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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