5 Goshen Creek Road

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5 Goshen Creek Road

Cape May Court House, NJ 08210-1335
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 totaling 2.58 acres for sale.
  • Property is located at 5 Goshen Creek Road.
  • Site sits within Cape May Court House, New Jersey.
  • Well-suited for custom residential development or investment.
  • Situated in an established and accessible coastal market.

What's Special

This residential land listing for sale presents a 2.58-acre parcel positioned in Cape May Court House, New Jersey. The property provides a significant footprint for developers or private buyers looking to establish a custom residential project within a stable coastal community. Its location in Cape May County benefits from the region's steady appeal, characterized by a mix of permanent residents and seasonal activity near the Jersey Shore. Prospective owners will find the site suitable for single-family residential development, providing sufficient scale for varied architectural footprints and site planning needs. The quiet nature of Goshen Creek Road offers proximity to local infrastructure while maintaining a suburban feel conducive to residential living. Investors should consider the utility of this acreage for long-term land holding or immediate development in an established market that continues to see demand for private residential space.

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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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