525 Shunpike Road

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525 Shunpike Road

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 525 Shunpike Road
  • Asset is situated within the township of Erma, New Jersey
  • Suitable site for new residential construction and development projects
  • Positioned near major regional transit routes in Cape May County
  • Strategic location serves the growing Southern New Jersey coastal market

What's Special

Developers seeking residential inventory in the Erma, New Jersey market can utilize this land parcel to expand the local housing supply. Situated at 525 Shunpike Road, the site occupies a strategic position within the 08204 ZIP code, offering proximity to regional transit arteries and the characteristically stable environment of Cape May County. This location provides access to the broader coastal economy, where residential demand is supported by both seasonal tourism and a consistent year-round population. The property is well-suited for single-family residential development projects, allowing builders to capitalize on the region's steady growth trends. Its placement within the submarket ensures utility access for new construction while remaining integrated into the existing community layout. Investors evaluating land bank opportunities or build-to-suit ventures will find the scale of this parcel functional for diverse architectural planning and density requirements relevant to the immediate area.

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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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