10 Corson Tavern Road

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10 Corson Tavern Road

Seaville, NJ 08230
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • The asset is a multifamily apartment building for sale.
  • The property consists of two individual residential units.
  • It is located at 10 Corson Tavern Road in Seaville.
  • The site is positioned within the Cape May County region.
  • This building offers a small-scale multifamily investment opportunity.

What's Special

This multifamily apartment building contains two units and is situated at 10 Corson Tavern Road in Seaville, New Jersey. The property provides a residential investment opportunity within this quiet community in Cape May County. The region maintains a steady demand for rental housing due to its proximity to the Atlantic coastline and accessible regional transit routes that support the local commuter base. Investors may consider this asset for a long-term hold or potential portfolio expansion within the Southern New Jersey submarket. The layout is suitable for those seeking a manageable multi-unit residential property in a coastal residential setting, serving individuals who prefer proximity to the shore alongside the functional benefits of a small-scale apartment complex.

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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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