** Devane (West side of street) Street

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** Devane (West side of street) 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 situated on the west side of Devane Street.
  • Located in the growing Green Creek community of Cape May County.
  • Property is currently available for purchase as a development site.
  • Features a residential sub-type designation suitable for housing projects.
  • Positioned with convenient access to regional transportation corridors in New Jersey.

What's Special

Green Creek serves as a growing residential area within the Cape May County region of New Jersey. This land parcel is situated on the west side of Devane Street, providing a strategic footprint for future development. Residential land in this submarket remains a focus for builders and developers looking to capitalize on the region's steady appeal. Given the location, the property is suitable for single-family housing projects or residential subdivision developments. Proximity to major local roadways ensures connectivity throughout the southern New Jersey peninsula, making it an accessible option for those seeking a quiet setting near the coast. The site offers a clean slate for residential site planning and infrastructure implementation, aligning with current housing demand in the area. Investors and developers can evaluate the tract for its growth potential within this established community.

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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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