2701-2703 New Jersey Avenue

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2701-2703 New Jersey Avenue

Wildwood, NJ 08260
Asking Price
$1.40M
Asset Type
Commercial Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use commercial property located at 2701-2703 New Jersey Avenue.
  • Offered for sale in the coastal market of Wildwood, New Jersey.
  • The asset carries an asking price of 1,400,000 dollars.
  • Property is situated at coordinates 38.9938, -74.8104 in Wildwood.
  • Versatile commercial space suitable for retail or business operations.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing consistent seasonal traffic and supporting a diverse local economy. This mixed-use property at 2701-2703 New Jersey Avenue represents a commercial asset positioned within this active regional market. The site provides versatility for owners looking to capitalize on the area's ongoing tourism and year-round residential activity. Investors may consider various applications for this commercial space, ranging from retail storefronts to service-oriented business operations. Its location on a primary thoroughfare offers visibility, making it a functional candidate for commercial ventures aiming to establish a footprint in the southern New Jersey shore region. The structural configuration supports multiple tenant layouts, allowing for operational flexibility in a competitive coastal landscape.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

Location & Travel Times