205 40th Street

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205 40th Street

Sea Isle City, NJ 08243
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 situated at 205 40th Street
  • Located within the coastal municipality of Sea Isle City
  • Positioned in the established residential landscape of Cape May County
  • Suitable for residential development projects on the New Jersey coast
  • Well-connected site with access to regional shore transit networks

What's Special

This residential land parcel is located at 205 40th Street in Sea Isle City, New Jersey. Positioned in a desirable coastal community along the Atlantic coastline, the site benefits from the seasonal activity and long-term residential appeal characteristic of Cape May County. The area maintains a steady influx of summer tourism alongside a dedicated year-round population, supporting consistent demand for housing in this barrier island environment. Prospective buyers might consider this lot for the development of a single-family home or a multi-unit residential project, consistent with local zoning regulations for the coastal submarket. Proximity to local beaches and regional transit routes connecting to the broader South Jersey corridor provides accessibility for both vacationers and residents. This asset represents a functional opportunity for builders or investors seeking to acquire developable ground within a well-established seaside municipality.

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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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