306 A&B Route 47 North

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306 A&B Route 47 North

Goshen, NJ 08210
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset located at 306 A&B Route 47 North in Goshen.
  • Property consists of two distinct residential units available for purchase.
  • Located within the accessible and growing Cape May County submarket.
  • Well-suited for investors or owner-occupants focused on residential leasing.
  • Proximity to regional highways supports connectivity across southern New Jersey.

What's Special

Investors seeking a manageable multifamily asset in Cape May County will find this two-unit apartment building at 306 A&B Route 47 North a functional addition to a rental portfolio. Situated in Goshen, New Jersey, the property benefits from its proximity to regional transit corridors, providing convenient access to surrounding coastal communities and employment hubs within the southern New Jersey market. This location serves residents who prioritize connectivity while remaining outside the dense congestion of major urban centers. This apartment building represents a straightforward acquisition for those focusing on long-term residential leasing. With its configuration as a two-unit structure, the property is suitable for landlords aiming for streamlined management or owner-occupant strategies. The local submarket continues to see steady demand for housing, driven by the enduring appeal of the region's demographic base and its position within the broader South Jersey economy. Buyers should conduct their own due diligence regarding current market rental rates and local zoning ordinances to maximize the operational potential of this site.

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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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