329 92nd Street

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329 92nd 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 coastal town of Stone Harbor.
  • Located at 329 92nd Street within the 08247 ZIP code area.
  • Property represents a development site for residential real estate use.
  • Situated within the popular resort and residential landscape of New Jersey.
  • Ideal location for a custom single-family home development project.

What's Special

Stone Harbor serves as a desirable destination along the New Jersey shore, characterized by its coastal atmosphere and steady demand for residential development. This parcel of land, located at 329 92nd Street, presents a site for a residential project within this established island community. Its position in the 08247 ZIP code places it among the beach-oriented housing stock that defines the local market landscape. Developers and investors may consider this property suitable for a single-family residential build, consistent with the surrounding land use patterns found throughout this segment of Cape May County. The site provides a clean slate for construction in a region known for its seasonal economy and appeal to permanent residents alike. Access to the municipal shoreline and proximity to regional transit corridors support the long-term viability of residential real estate ventures in this specific submarket.

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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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