660-658 Sunset Boulevard

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660-658 Sunset Boulevard

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 located in Lower Township, New Jersey.
  • Property situated at 660-658 Sunset Boulevard in the 08204 ZIP.
  • Strategic location within the growing Cape May County market.
  • Suitable for residential development projects and capital investment.
  • Coordinates for this land are 38.9385, -74.9501.

What's Special

Residential development serves as the primary use case for this land parcel situated at 660-658 Sunset Boulevard in Lower Township, New Jersey. This site benefits from its position within a growing coastal community in Cape May County, known for its steady seasonal tourism and residential appeal. With its proximity to regional transit arteries and local amenities, the property presents a functional foundation for builders and investors looking to expand housing inventory in the 08204 ZIP code. The layout allows for straightforward planning and integration into the existing neighborhood fabric. Developers can leverage the regional demand for suburban housing in this established New Jersey market to execute a residential project aligned with local zoning requirements. Whether pursuing a single-family development or a multi-unit project, this land provides a clear path for construction in a region characterized by its stable growth and coastal atmosphere.

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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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