244 Ludlam Lane

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

244 Ludlam Lane

Lower Township, NJ 08204
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 apartment building located in Lower Township, New Jersey.
  • Property consists of two distinct residential rental units.
  • Situated within the established Cape May County residential submarket.
  • Coastal location serves both seasonal and long-term housing requirements.
  • Investment potential for operators targeting regional residential demand.

What's Special

Lower Township, New Jersey, serves as a prominent coastal community within Cape May County, characterized by its steady residential demand and proximity to the Jersey Shore. This multifamily asset, situated at 244 Ludlam Lane, provides a residential investment option in a region that supports both seasonal and year-round housing needs. The local economy benefits from tourism and its stable position in the southern New Jersey housing market. This apartment building consists of two units. The scale and configuration of the property suit an investor seeking a manageable residential holding or a portfolio addition in this suburban beach-side environment. Given the steady population growth in the broader area, this building represents a functional asset for housing local residents or professionals working within the regional hospitality and service sectors.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times