6229 Dune Drive

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6229 Dune Drive

Avalon, NJ 08202
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 for sale in Avalon, New Jersey.
  • Located at 6229 Dune Drive in the 08202 zip code.
  • Property sits in a prominent Cape May County coastal community.
  • Suitable for residential development or custom home site construction.
  • Positioned in a region with consistent demand for housing.

What's Special

This residential land parcel at 6229 Dune Drive in Avalon, New Jersey, presents a clear acquisition for developers or individuals seeking a build-to-suit project in a coastal setting. Located within a highly desirable barrier island community, this site benefits from proximity to established shore infrastructure and the unique demographic appeal of the Cape May County coastline. The surrounding area maintains a consistent demand for high-end residential housing, making this an appropriate selection for custom home construction or long-term land banking strategies. Investors and builders will find the location well-positioned to leverage the consistent market activity characteristic of this popular summer destination. Its strategic placement allows for convenient access to both local business services and regional transit corridors that connect throughout the southern New Jersey peninsula, providing a stable foundation for residential development projects aimed at both seasonal residents and year-round homeowners.

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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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