3815 Arctic Avenue

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3815 Arctic 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 situated at 3815 Arctic Avenue in Wildwood
  • Located within the established residential submarket of Cape May County
  • Suitable for single-family or multi-unit residential development projects
  • Positioned in a region with high levels of seasonal tourism
  • Accessible location near major regional roads in coastal New Jersey

What's Special

This residential land opportunity sits at 3815 Arctic Avenue in Wildwood, New Jersey. The parcel offers a strategic footprint for developers or individuals looking to establish a footprint in this coastal community. Situated in a well-established residential submarket, the property benefits from its proximity to the region's seasonal economy and popular beachside infrastructure. Wildwood serves as a primary destination within Cape May County, drawing significant summer tourism that supports long-term growth and local demand for housing. Given the specific zoning for residential use, this site is well-suited for the construction of a single-family home or a multi-unit development project. Proximity to major regional thoroughfares ensures accessibility for both residents and visitors navigating the Jersey Shore. Prospective buyers can leverage this location to capitalize on the character and sustained activity of this popular shore town. The site provides a clean slate for residential development tailored to the demands of a high-traffic vacation 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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