443 W Oak Avenue

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443 W Oak Avenue

Wildwood, NJ 08260-2033
Asking Price
$330K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel located in Wildwood, New Jersey.
  • Property is currently listed for sale at $329,900.
  • Parcel is located at 443 W Oak Avenue.
  • Asset supports development of residential building projects.
  • Property is situated in a prominent coastal market.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, known for its vibrant seasonal economy and proximity to expansive Atlantic beaches. The area attracts a steady flow of residents and visitors, supporting long-term interest in local residential development. This residential land parcel at 443 W Oak Avenue provides a blank canvas for potential construction projects within this established beach community. Investors and builders may find this site suitable for creating single-family housing or other residential structures that align with local zoning regulations. The property represents a chance to secure a footprint in a well-trafficked vacation region that maintains consistent demand for housing throughout the year. Its placement within the Wildwood market offers convenient access to coastal amenities and community infrastructure, making it a functional addition to a residential portfolio.

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NOI
$80,000
Cap Rate
24.25%
DSCR
4.08
Strong
Cash-on-Cash
61.04%
Monthly Payment
$1,632.165
Annual Cash Flow
$60,414.018

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