11116 2nd Avenue

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11116 2nd Avenue

Stone Harbor, NJ 08247
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 11116 2nd Avenue in Stone Harbor.
  • The property is situated within the popular coastal region of New Jersey.
  • Stone Harbor serves as a key seasonal market in Cape May County.
  • Site supports development of a primary residence or vacation property.
  • Area experiences steady demand for high-quality residential coastal development.

What's Special

This residential land parcel is positioned at 11116 2nd Avenue in the coastal borough of Stone Harbor, New Jersey. Situated along the Atlantic coast, the area serves as a popular seasonal destination within Cape May County. The local economy is driven largely by tourism and seasonal residential activity, characterized by a steady influx of visitors and a stable year-round community. This site presents a clear opportunity for custom residential development in a desirable shoreline market. Proximity to local beaches and regional coastal attractions makes this location well-suited for a primary residence or a vacation home. Investors and developers can utilize this space to capture demand in a well-established submarket that maintains consistent interest among those seeking access to the Jersey Shore.

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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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