2 N 7TH Street

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2 N 7TH Street

Del Haven, NJ 08252
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 located at 2 N 7th Street in Del Haven
  • Prime site for new residential construction in Cape May County
  • Situated within the accessible 08252 ZIP code of New Jersey
  • Features a coastal setting near the Delaware Bay shoreline
  • Asset type classified specifically as residential vacant land

What's Special

Constructing a residential dwelling is the primary application for this land parcel situated at 2 N 7th Street in Del Haven, New Jersey. This coastal location within Cape May County offers proximity to the Delaware Bay, serving as a quiet setting for a single-family home or custom development project. The property benefits from the regional character of the Jersey Shore, known for its established residential communities and seasonal tourism economy. Investors and builders will find this site well-positioned for those seeking residential development opportunities in a stable suburban-coastal market. Its proximity to local thoroughfares provides efficient access to nearby coastal towns and regional employment hubs throughout South Jersey. With the area continuing to attract residents interested in coastal living, this land represents a straightforward acquisition for those looking to expand their residential footprint in the 08252 ZIP code.

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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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