1105 Millman Boulevard

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1105 Millman Boulevard

Del Haven, NJ 08251
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 in Del Haven, New Jersey.
  • Property covers a total area of 0.28 acres.
  • Situated within the coastal landscape of Cape May County.
  • Site supports development for residential housing or vacation use.
  • Coordinates placed at 39.0484 latitude and -74.9241 longitude.

What's Special

This residential land parcel spans 0.28 acres and sits at 1105 Millman Boulevard in Del Haven, New Jersey. The property is situated within a coastal region of Cape May County, a location defined by its seasonal tourism economy and proximity to Delaware Bay. The site provides a clean slate for developers or individuals seeking to build in a quiet, residential setting where community access to local waterways and regional outdoor recreation remains a primary draw for residents. Given the residential zoning designation, this land is well-suited for the construction of a single-family dwelling or a secondary vacation property. The surrounding area maintains a suburban character typical of South Jersey coastal towns, offering stable growth potential for property owners looking to establish a presence in this specific market. Its geographic position allows for convenient travel toward nearby shore points and larger regional hubs within the broader Philadelphia-Atlantic City corridor.

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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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