12 Mary Avenue

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12 Mary Avenue

Cape May Court House, NJ 08210
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 located at 12 Mary Avenue.
  • Property situated in Cape May Court House, New Jersey.
  • The site is zoned for residential development use.
  • Located in a growing market in Cape May County.
  • Coordinates for the asset are 39.0910, -74.8327.

What's Special

Residential land spanning the site at 12 Mary Avenue offers a development opportunity in Cape May Court House, New Jersey. Situated within a growing region of Cape May County, this parcel is positioned to support single-family residential projects or other allowable housing developments. The area maintains a suburban character known for its proximity to coastal amenities and established community infrastructure. Investors and builders looking for a foothold in this South Jersey submarket will find the location accessible via regional transit corridors. The site provides a flexible canvas for residential construction, catering to the ongoing demand for housing in this part of the state. With its strategic placement, the property sits near local services and municipal resources essential for development projects. This asset represents a functional holding for those seeking to expand their residential portfolio in a well-established county seat.

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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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