3 Oreo Way

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3 Oreo Way

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 parcel spanning 4.92 acres in total
  • Located within the municipality of Lower Township, New Jersey
  • Suitable for various residential development and housing projects
  • Positioned in a growing submarket of Cape May County
  • Available for immediate purchase as a raw land asset

What's Special

This 4.92-acre parcel of residential land sits in Lower Township, New Jersey. The property provides a significant footprint for development projects in a growing coastal region of Cape May County. Situated near local roadways and community infrastructure, this site accommodates various residential use cases, ranging from single-family housing estates to potential subdivision development. The surrounding submarket is characterized by its accessible location and proximity to regional amenities, appealing to buyers looking for land inventory within a established township environment. Its acreage allows for flexible site planning, making it a functional acquisition for residential builders or investors seeking to expand their portfolio in this part of the state.

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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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