133 W Tampa Avenue

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133 W Tampa Avenue

Villas, NJ 08251-3046
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 in Villas, New Jersey
  • Asset is situated at 133 W Tampa Avenue
  • Prime site for new residential development projects
  • Located within the growing Cape May County market
  • Accessible to major southern New Jersey transportation routes

What's Special

Construct a residential development on this parcel located at 133 W Tampa Avenue in Villas, New Jersey. This land asset provides a foundational footprint for single-family or multi-family housing projects within the coastal Cape May County region. Residents in this submarket benefit from proximity to the Delaware Bay and the regional transit corridors that connect southern New Jersey communities. The site is situated within a residential pocket of the township, which features established neighborhood infrastructure and access to local services. This geography remains popular for those seeking a quiet residential environment while maintaining accessibility to the larger Atlantic City metropolitan area. Investors and developers can leverage this asset to address the ongoing demand for housing stock in the area. The plot dimensions and zoning allow for flexible design configurations, supporting a variety of residential site plans tailored to the local housing market trends.

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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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