222 Reading Ave

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222 Reading Ave

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 spanning 0.6 acres for sale
  • Located on Reading Ave in Cape May Court House
  • Positioned within the central hub of Cape May County
  • Well-suited for custom single-family residential development
  • Offers easy access to regional transit and local services

What's Special

This 0.6-acre parcel of residential land sits at 222 Reading Ave in Cape May Court House, New Jersey. The property provides a blank canvas for development within a well-established community known for its proximity to the coastal amenities of the Jersey Shore. Residents in this submarket benefit from convenient access to regional thoroughfares connecting the peninsula, alongside a variety of local services and schools that define this county seat. With the growing demand for housing in this region of Cape May County, the site is suited for the construction of a single-family home or residential dwelling tailored to the surrounding architectural context. Its position within this accessible submarket ensures proximity to major employment hubs and retail corridors, making it a functional choice for those seeking to build in an area that balances coastal living with infrastructure.

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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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