283 Myrtle Avenue

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283 Myrtle Avenue

Dennisville, NJ 08270
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Expansive 25-acre land tract for sale in Dennisville, New Jersey.
  • Property is zoned for residential development and land use.
  • Located in an established suburban market within Cape May County.
  • Flexible site ideal for residential subdivision or housing development.
  • Coordinates placed at 39.2063, -74.8381 for precise mapping.

What's Special

Dennisville sits within a peaceful region of Cape May County, New Jersey, providing a quiet atmosphere suitable for residential development. This 25-acre parcel of land offers significant space for potential housing projects, ranging from single-family home sites to low-density residential communities. Its location in an established suburban area makes it a viable prospect for investors or developers seeking to capitalize on regional demand for residential acreage. The property provides a blank slate for builders, allowing for flexible site planning and landscaping to meet local community requirements. With its expansive footprint, the tract supports various land use possibilities while maintaining the character typical of the surrounding Southern New Jersey landscape. The site is positioned to accommodate a residential subdivision, offering enough scale for thoughtful planning and infrastructure integration in this growing section of the state.

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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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