43 Route 47 N

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43 Route 47 N

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 in Cape May Court House, New Jersey.
  • Strategic location along the primary Route 47 corridor.
  • Development site suitable for residential housing projects.
  • Located within a growing submarket of Cape May County.
  • Property address identified as 43 Route 47 N.

What's Special

Cape May Court House serves as a central hub within Cape May County, providing essential infrastructure and access to the broader South Jersey coastal region. This residential land parcel, located at 43 Route 47 N, is positioned to benefit from the area's steady demand for housing and its proximity to primary transit corridors. The site offers flexibility for various residential development projects aimed at capitalizing on the consistent regional population growth and the surrounding community's economic stability. Investors and developers can evaluate the tract's suitability for custom housing or residential subdivision based on local land-use policies and the specific characteristics of the site. Its strategic placement within the county ensures connectivity to both local amenities and the arterial roadways that link this growing submarket to the wider Atlantic region.

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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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