24 4Th Ave

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24 4Th 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 situated at 24 4th Ave in New Jersey.
  • Property is located within the municipality of Cape May Court House.
  • Site supports potential single-family residential development projects for investors.
  • Cape May County offers an established residential environment for new construction.
  • Development site provides proximity to local services and regional transit corridors.

What's Special

This residential land at 24 4th Ave in Cape May Court House, New Jersey, presents a development opportunity in a established coastal community. Located within Cape May County, this region serves as a growing suburban area that benefits from its proximity to regional transit corridors and the diverse economic landscape of the Jersey Shore. The parcel is suited for single-family residential construction or potential modular development projects, depending on municipal guidelines. Investors and builders operating in this submarket will find the site accessible to local amenities, schools, and essential services that define the daily functionality of Cape May Court House. The area maintains a consistent demand for housing driven by both local residents and seasonal occupants. This property represents a clear site for those looking to acquire land within a stable New Jersey municipality capable of supporting varied residential housing configurations.

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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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