3401 New Jersey Avenue

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3401 New Jersey Avenue

Wildwood, NJ 08260-6134
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 asset situated in Wildwood New Jersey
  • Strategically located at 3401 New Jersey Avenue
  • Development site suited for diverse commercial project types
  • Benefits from seasonal tourism in the coastal region
  • Positioned within a recognizable southern New Jersey market

What's Special

This commercial land parcel sits at 3401 New Jersey Avenue in Wildwood, New Jersey, occupying a position within the coastal region of the state. The site provides a development opportunity for a variety of commercial business applications suitable for this popular tourism-driven market. As an asset located in a well-established shore community, the property benefits from the seasonal population influx and the ongoing economic activity typical of the southern New Jersey coastline. Investors and developers can consider this location for projects that capitalize on the high volume of summer visitors or the year-round local resident base. The layout allows for flexible design strategies tailored to meet the specific zoning requirements and operational needs of a business entity. Given the regional demand for services and retail, this land represents a strategic acquisition for those looking to expand their commercial footprint in a recognizable beach destination.

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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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