241 Indian Trail Road

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241 Indian Trail Road

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).

  • The property features a total land area of 1.3 acres.
  • This residential asset is situated in Cape May Court House.
  • The site is positioned directly along Indian Trail Road.
  • Located within the administrative center of Cape May County.
  • The land is suitable for residential development projects.

What's Special

Cape May Court House serves as the administrative heart of Cape May County, balancing coastal accessibility with a stable residential environment. This 1.3-acre parcel of residential land sits along Indian Trail Road, positioned for development in a region known for its year-round community and proximity to the Jersey Shore. The site provides ample space for a single-family residence or potential subdivision consistent with the local zoning landscape. Investors and developers frequently look to this area for residential growth due to its established infrastructure and consistent demand for housing. The property offers direct road frontage, ensuring straightforward access for utility connections and future construction efforts. Its location within the county seat provides residents with proximity to essential services, regional medical centers, and highway access leading to both the oceanfront communities and inland employment hubs. This land represents a practical entry point for those looking to develop within a mature suburban market characterized by sustained long-term appeal.

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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

Location & Travel Times