3 Ella Layne

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3 Ella Layne

Petersburg, NJ 08270
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 one full acre in Petersburg.
  • Located in a quiet residential area of New Jersey.
  • Property is currently available for purchase by interested parties.
  • Site dimensions support construction of a single-family home.
  • Positioned within the diverse and growing Cape May County.

What's Special

Building a custom residential home is the primary potential for this one-acre parcel in Petersburg, New Jersey. Located within a quiet residential submarket, the site provides ample space for a single-family residence and associated outdoor improvements. The surrounding area in Cape May County benefits from a slower pace of life while maintaining access to regional transit routes and local amenities. Prospective buyers will find this plot suitable for those seeking to develop property in a coastal region known for its natural landscapes and proximity to southern New Jersey beaches. As a blank canvas, the land offers flexibility for various architectural styles and private yard designs tailored to individual preferences. The surrounding community supports long-term residential interest, making this an appropriate selection for builders or private individuals looking to secure a footprint in the local market.

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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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