13 E 4th Avenue

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13 E 4th 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 13 E 4th Avenue.
  • Property situated in the Cape May Court House area.
  • Strategic site for potential residential housing development projects.
  • Asset positioned within a stable and established suburban community.
  • Provides central access to services in Cape May County.

What's Special

Cape May Court House serves as a vital administrative and residential hub within Cape May County, providing central access to the surrounding coastal region. This residential land parcel is situated at 13 E 4th Avenue, positioned within an established neighborhood setting that benefits from proximity to local services and regional transit corridors. The area reflects a stable suburban character, making it a practical site for individuals or developers looking to capitalize on the steady demand for housing in this part of New Jersey. With its strategic location, the property is well-suited for the construction of a single-family home or other residential developments aligned with local land-use patterns. Investors and builders will find this site offers a clear opportunity to engage with the residential market in an accessible and growing section of the county. The parcel presents a straightforward development profile for those focused on projects within this specific submarket.

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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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