9400 Pacific Avenue

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9400 Pacific Avenue

Wildwood Crest, NJ 08260-0000
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 located in Wildwood Crest, New Jersey.
  • Strategically positioned at the address 9400 Pacific Avenue.
  • Property is currently designated for residential development usage.
  • Established coastal location within the Cape May County region.
  • Suitable site for various residential construction and investment projects.

What's Special

Situated within the coastal landscape of Wildwood Crest, New Jersey, this residential land parcel at 9400 Pacific Avenue provides a strategic site for future development. Wildwood Crest maintains a reputation as a stable shore community, characterized by its seasonal tourism economy and consistent demand for quality residential housing. The property sits within a municipality known for its structured zoning and accessible proximity to the Atlantic coastline, which remains a primary draw for residents and seasonal visitors alike. Given the residential zoning designation, the site is positioned for single-family or multi-family construction projects, allowing developers to capitalize on the ongoing demand for housing stock in this sought-after beach town. Its location offers clear access to regional coastal roads and the broader infrastructure serving Cape May County, ensuring connectivity for potential residents. This parcel represents a functional asset for investors looking to expand their residential holdings in a established seaside market, providing the necessary foundation for tailored development objectives in a well-regarded maritime setting.

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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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