3 Park Avenue

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3 Park Avenue

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 parcel available for sale in Del Haven New Jersey
  • Located at 3 Park Avenue within the 08251 zip code
  • The asset is classified specifically as residential development land
  • Site sits near the scenic Delaware Bay in Cape May County
  • Geographic coordinates for the parcel are 39.0460 and -74.9185

What's Special

This residential land parcel is positioned in Del Haven, New Jersey, providing a development prospect within a coastal community known for its proximity to the Delaware Bay. The site occupies a strategic position in a region characterized by its quiet, suburban atmosphere and steady residential appeal, making it suitable for single-family housing or custom residential projects. Its location offers residents access to regional roadways and the surrounding natural landscapes of Cape May County, which support a relaxed lifestyle while remaining accessible to larger employment hubs. Developers and private investors may find this lot well-suited for ground-up construction tailored to the specific demands of the local housing market. The geographic setting provides a blank slate for builders looking to establish a residential footprint in a developing area of the state. With its straightforward layout and established neighborhood context, the property presents a practical acquisition for those looking to capitalize on residential demand in this New Jersey submarket.

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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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