3506 Hudson Avenue

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3506 Hudson Avenue

Wildwood, NJ 08260
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 at 3506 Hudson Avenue in Wildwood.
  • The total lot size measures approximately 0.15 acres of land.
  • Property is situated within the established coastal market of New Jersey.
  • Suitable for new residential construction projects in the region.
  • Coordinates for the site are recorded at 38.9931, -74.8198.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing seasonal tourism and maintaining a steady residential population throughout the year. The local market benefits from its accessibility and proximity to regional beaches, attracting both vacationers and year-round inhabitants to the area. Situated at 3506 Hudson Avenue, this residential land parcel spans 0.15 acres and presents a clear development opportunity for prospective buyers. The site is well-positioned for the construction of a single-family home or a modest multi-unit dwelling, aligning with the surrounding residential character of the neighborhood. Investors and developers looking to establish a presence within this established shore community will find the scale of the lot manageable for various residential project scopes. Its location provides straightforward integration into the existing fabric of the municipality, making it a functional choice for those focused on the Cape May County housing market.

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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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