4047 Bayshore Road

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4047 Bayshore Road

Cold Spring, NJ 08204
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 available for acquisition in Cold Spring
  • Located at 4047 Bayshore Road in the 08204 ZIP code
  • Site offers potential for residential housing or development projects
  • Positioned within a stable Southern New Jersey residential submarket
  • Coordinates placed at 38.9572 latitude and -74.9368 longitude

What's Special

Developing residential housing in Cold Spring provides a strategic opportunity for investors looking to capitalize on the growing demand for living space in this New Jersey community. This parcel of land situated at 4047 Bayshore Road offers a blank canvas for residential projects, suitable for single-family home construction or similar density residential developments. The property benefits from the region's steady appeal, characterized by its proximity to coastal access and the broader regional economic influence of Southern New Jersey. The location maintains accessibility to local transit routes, supporting suburban residential use cases that serve families and professionals. Prospective developers can utilize the existing residential zoning to establish projects that align with the character of the surrounding Cold Spring submarket. This land acquisition represents a direct path to inventory expansion in a region known for its stable housing market and consistent population interest.

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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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