3700 Oxford Lane

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3700 Oxford Lane

Ocean City, NJ 08226
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel consists of 0.12 acres of residential land.
  • Property is located at 3700 Oxford Lane in Ocean City.
  • Site is situated within the popular Cape May County region.
  • Land is positioned for potential single-family residential development.
  • Ocean City offers a stable market for seasonal and permanent housing.

What's Special

This residential land spans 0.12 acres at 3700 Oxford Lane in Ocean City, New Jersey. The parcel sits within a coastal community known for its seasonal tourism and steady residential demand. Ocean City remains a popular destination in Cape May County, providing a well-established environment for secondary homes or permanent coastal residences. The size and location of this lot offer potential for new construction projects tailored to the regional housing market, including single-family dwellings or vacation retreats. Investors and developers will find this site positioned to capitalize on the unique geography of the Jersey Shore, where proximity to Atlantic beaches and local amenities shapes the local real estate landscape. The parcel provides a clear canvas for buyers looking to build in an area characterized by its distinct beach town identity and strong appeal to seasonal visitors and year-round residents alike.

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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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