4800 New Jersey Avenue

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4800 New Jersey Avenue

Wildwood, NJ 08260
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 located at 4800 New Jersey Avenue in Wildwood.
  • The property is currently available for purchase in New Jersey.
  • Well-positioned site suitable for diverse commercial or retail development projects.
  • Located within a popular coastal destination with significant seasonal tourist activity.
  • Geographic coordinates for the parcel are 38.9846 latitude and -74.8244 longitude.

What's Special

Wildwood serves as a prominent coastal destination in New Jersey, drawing significant seasonal tourism and maintaining a steady local economy. Situated at 4800 New Jersey Avenue, this commercial land parcel occupies a strategic position within the city. The site provides a flexible canvas for developers looking to establish a presence in this active shore community. Given the commercial zoning and location, the property supports a variety of development paths, including retail storefronts, service-oriented businesses, or specialized hospitality projects. Investors will recognize the potential to capitalize on the high foot traffic inherent to the Wildwood area during the peak summer months. This asset represents a functional real estate investment for those seeking to build within a established, growth-oriented coastal 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

Location & Travel Times