1301 Devane Street

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1301 Devane Street

Green Creek, NJ 08210
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 acquisition in Green Creek, New Jersey.
  • Located at 1301 Devane Street within the 08210 ZIP code.
  • Property sits at coordinates 39.0428 latitude and -74.8838 longitude.
  • Strategic development potential within a growing Cape May County submarket.
  • Adaptable site suited for various residential housing development projects.

What's Special

Green Creek serves as a peaceful residential submarket within Cape May County, characterized by its steady development and accessibility to the broader New Jersey coastal region. The parcel at 1301 Devane Street offers a strategic foothold in this growing area, providing a blank canvas for residential development. Investors and builders can leverage the local demographic trends to create housing stock that addresses current regional demand. The site supports a variety of residential configurations, making it an adaptable prospect for developers looking to expand their portfolio within the Garden State. Its positioning allows for straightforward integration into the existing residential infrastructure of the township, facilitating potential project timelines. Whether intended for single-family housing or other residential applications, this land represents a viable acquisition for those looking to capitalize on the sustained interest in New Jersey suburban real estate.

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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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