8104 Bayview Drive

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8104 Bayview Drive

Lower Township, NJ 08260
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 0.48 acres for sale.
  • Property is situated in the municipality of Lower Township.
  • Site supports development of a single-family residential home.
  • Located within the coastal landscape of Cape May County.
  • Accessible location near major South Jersey transportation routes.

What's Special

This residential land parcel spans 0.48 acres and is positioned within Lower Township, New Jersey. The property provides a blank slate for development in a coastal region known for its proximity to popular shore points and steady seasonal tourism. Investors and developers will find the site suitable for the construction of a single-family home or residential housing project, aligning with the area's established residential character. Residents in this section of Cape May County benefit from regional access to major roadways like the Garden State Parkway, connecting the municipality to broader South Jersey commercial hubs and Philadelphia. The local economy remains supported by residential development and the steady demand for housing in this established community. Prospective buyers should conduct their own due diligence regarding local zoning regulations and site development requirements.

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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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