8 Mary Avenue

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8 Mary Avenue

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.
  • Property is located at 8 Mary Avenue in New Jersey.
  • The site is zoned for residential development purposes.
  • Coordinates for the parcel are 39.0911, -74.8323.
  • The land is currently available for purchase.

What's Special

Cape May Court House serves as a central hub within Cape May County, providing access to coastal amenities and established residential communities. This residential land parcel located at 8 Mary Avenue sits within a region characterized by its proximity to the Atlantic shoreline and local commercial corridors. The area benefits from steady regional connectivity, making it a functional setting for prospective development projects. Investors and builders may find this site suitable for residential housing developments tailored to the growing demand for living space in the coastal New Jersey market. The property offers enough footprint for single-family residential construction or potential multi-family configurations, depending on local municipal requirements. With its accessible location, the land represents a straightforward acquisition for those looking to expand their regional portfolio in a well-connected suburban environment.

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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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