8 Poplar St.

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8 Poplar St.

Cape May Court House, NJ 08210-9999
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 asset located at 8 Poplar St.
  • Property situated in Cape May Court House, New Jersey.
  • Site is zoned for residential land development use.
  • Accessible location within the regional Cape May submarket.

What's Special

This residential land parcel at 8 Poplar St. in Cape May Court House provides a blank canvas for development within a growing New Jersey community. The site benefits from its position in a region known for its coastal accessibility and steady residential demand. Positioned near established infrastructure, this property is well-suited for the construction of single-family housing or other permitted residential projects that cater to the local market needs. Cape May County serves as a significant submarket for both seasonal and year-round residents, supported by proximity to regional transit corridors and major shore destinations. Investors and developers will find this land a practical addition to their portfolios in a municipality that balances small-town character with accessible suburban conveniences. With the area experiencing consistent interest from those seeking residential options outside of major urban centers, this parcel offers clear potential for future development.

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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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