115 112th Street

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115 112th Street

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 situated in the borough of Stone Harbor.
  • Located at 115 112th Street in the zip code 08247.
  • Property sits within the coastal region of Cape May County.
  • Asset type is classified as residential land for development purposes.
  • Geographic coordinates for the site are 39.0418, -74.7654.

What's Special

This residential land parcel is positioned at 115 112th Street in Stone Harbor, New Jersey. Located within a highly desirable coastal community, the site serves as a foundation for custom housing development. Stone Harbor remains a prominent borough along the Jersey Shore, known for its established residential character and proximity to Atlantic recreational areas. The island maintains consistent appeal for both seasonal residents and year-round homeowners seeking a quiet beach climate. Prospective buyers have the flexibility to design a structure that aligns with local architectural standards and residential building codes. This location offers direct access to the municipal infrastructure and amenities characteristic of Cape May County coastal living. With land availability becoming increasingly limited in this submarket, this acquisition provides a tangible asset for residential builders or individuals looking to establish a footprint in this region of New Jersey.

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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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