18 Corson Lane

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18 Corson Lane

Ocean View, NJ 08230
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 at 18 Corson Lane.
  • Property is situated in Ocean View, New Jersey.
  • Available for sale as a residential development opportunity.
  • Site offers potential for single-family residential construction projects.
  • Strategically positioned within the coastal Cape May County region.

What's Special

18 Corson Lane is a parcel of residential land situated in Ocean View, New Jersey. This location provides access to regional transit routes and local amenities within the coastal Cape May County area. The property presents a development site for residential construction in a growing suburban market. Investors and developers can utilize this land for single-family housing or residential projects tailored to the needs of the community. Its positioning in the 08230 ZIP code offers proximity to the broader South Jersey residential corridor, characterized by its steady demand for housing and recreational access to nearby shore towns. The site maintains a quiet character typical of established residential pockets in this region, making it a functional acquisition for those looking to expand residential footprints in an accessible, developing area 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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