2703 New Jersey Avenue

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2703 New Jersey Avenue

Wildwood, 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 2703 New Jersey Avenue in Wildwood.
  • Property situated in a key coastal market in southern New Jersey.
  • Site dimensions offer flexibility for various commercial development and investment scenarios.
  • Access to regional transportation networks supports the local tourism-driven economy.
  • Well-positioned parcel for retail or service-oriented business establishment.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing significant seasonal tourism and maintaining a steady local economy. This commercial land parcel at 2703 New Jersey Avenue provides an entry point for developers looking to establish a footprint in this active shoreline market. With its strategic position within the city, the site is well-suited for a variety of commercial projects that cater to the consistent influx of visitors and the needs of the growing year-round community. Investors and business operators will find the location accessible via regional transit corridors, benefiting from the area's established infrastructure. The open nature of the lot allows for flexible planning and potential integration into the existing commercial landscape of the district. Whether the objective involves retail, service-oriented development, or other commercial ventures, this property holds potential for those seeking to capitalize on the unique market dynamics of the Jersey Shore.

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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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