106 Millman Lane

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

106 Millman Lane

Villas, NJ 08251
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).

  • Multifamily asset located in the Villas section of New Jersey.
  • The building features 2 residential rental units for occupants.
  • Positioned within Cape May County near the Delaware Bay coastline.
  • Suitable for an investment portfolio or owner-occupant buyer strategy.
  • Located in a region with steady demand for coastal housing.

What's Special

This multifamily apartment building at 106 Millman Lane in Villas, New Jersey, consists of 2 units. Situated in Cape May County, the property benefits from a location within a growing coastal residential community that attracts both year-round residents and seasonal visitors. Its modest size makes it a manageable acquisition for investors looking to expand a rental portfolio or for individuals seeking an owner-occupant arrangement. The Villas area is characterized by its proximity to the Delaware Bay, offering a quiet suburban atmosphere while remaining accessible to the broader regional economy of South Jersey. Multifamily assets of this scale provide consistent residential utility and represent a functional entry point into the local housing market. Prospective buyers can leverage this asset for long-term rental income generation in a region supported by tourism and maritime industries.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times