136 Sunset Drive

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136 Sunset Drive

Erma, 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 located at 136 Sunset Drive in Erma.
  • Property is situated within the 08204 zip code area.
  • This asset is classified as residential land for sale.
  • Located in a growing suburban submarket of southern New Jersey.
  • Development potential for custom single-family or residential housing projects.

What's Special

Situated at 136 Sunset Drive in Erma, New Jersey, this parcel of residential land offers a clear development site in a growing suburban market. The property occupies a strategic position within the Cape May County area, providing proximity to local transit routes and regional amenities that define this coastal region. As an undeveloped tract, the lot presents a blank slate for construction projects ranging from single-family dwellings to customized residential builds. The surrounding community maintains a character suited for residential growth, with easy access to major highways serving the southern New Jersey peninsula. Investors and developers will find the dimensions and location favorable for long-term land holding or immediate residential development. The site remains well-positioned to benefit from the ongoing demand for housing in this specific submarket of the Erma region.

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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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