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 available for acquisition in Wildwood.
  • Located at 3815 Arctic Avenue in the 08260 zip code.
  • Property sits within an established New Jersey shore community.
  • Suitable site for various residential construction and development projects.
  • Well-positioned in a high-traffic coastal tourism destination.

What's Special

Situated within the coastal community of Wildwood, New Jersey, this parcel of land presents a clear development opportunity for residential use. The site occupies a position in a popular shore destination known for its seasonal activity and proximity to the Atlantic coastline. As part of a well-established residential submarket, the property allows for potential construction tailored to the specific demands of the local housing sector, whether for single-family or multi-family configurations. Investors and developers will recognize the potential to capitalize on the character of the Cape May County region, which maintains consistent appeal for residents and visitors alike. With its location at 3815 Arctic Avenue, the land is positioned to integrate into the existing fabric of the surrounding neighborhood, providing a straightforward project for those looking to expand their residential footprint in a high-demand coastal area.

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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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