156 Fishing Creek Road

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156 Fishing Creek Road

Lower Township, 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 asset located at 156 Fishing Creek Road.
  • Property situated within the Lower Township community of New Jersey.
  • Site falls under the residential land asset sub-type classification.
  • Area features consistent proximity to Cape May coastal amenities.
  • Suitable for development projects within the residential zoning sector.

What's Special

This residential land parcel is located at 156 Fishing Creek Road in Lower Township, New Jersey. The property occupies a position within this coastal community, which maintains a stable residential environment near the southern tip of the state. Positioned along the Delaware Bay side of Cape May County, the site benefits from the area's established infrastructure and proximity to regional transit corridors. Its current classification as residential land allows for development opportunities tailored to housing needs in the local submarket. Potential buyers may evaluate the parcel for the construction of a primary residence or secondary home in this quiet suburban setting. Investors and developers should assess the property based on the existing local zoning requirements and site topography. Access to regional amenities and nearby Cape May beaches makes this location a practical choice for residential development. The surrounding area remains characterized by a mix of single-family housing and open coastal spaces, providing a consistent backdrop for new residential projects within the Lower Township municipality.

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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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