230 82nd Street

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230 82nd 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 located at 230 82nd Street in Stone Harbor
  • Prime coastal real estate situated in Cape May County New Jersey
  • Property classification is designated as residential land for development
  • Positioned within an established neighborhood near the Atlantic shoreline
  • Suitable site for custom single-family home construction or investment

What's Special

Stone Harbor represents a prominent coastal destination within the Cape May County region of New Jersey. This specific parcel of residential land occupies a position at 230 82nd Street, situated within a quiet and established neighborhood. The barrier island setting provides residents and visitors access to regional shore amenities, characterized by its seasonal tourism and proximity to pristine Atlantic coastline. Given the residential zoning and the character of the surrounding streetscape, the site serves as a potential foundation for a custom single-family home or a coastal development project. Investors and owner-occupiers alike often seek out available land in this specific submarket for its long-term retention of value and the lifestyle benefits associated with the local geography. Whether planning for a primary residence or a vacation retreat, the lot offers a blank canvas within an affluent seaside community.

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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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