160 Pennsylvania Avenue

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160 Pennsylvania Avenue

Villas, NJ 08251
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 160 Pennsylvania Avenue in Villas
  • Strategically situated within the 08251 zip code of New Jersey
  • Suitable site for residential development projects and new home construction
  • Positioned in a coastal New Jersey market with steady housing demand
  • Accessible location for developers targeting the regional residential sector

What's Special

Residential development at 160 Pennsylvania Avenue presents a strategic opportunity for builders in the growing market of Villas, New Jersey. This land parcel is positioned in a quiet coastal setting within Cape May County, a region known for its steady demand for residential housing and proximity to regional beaches and local amenities. The site allows for versatile project planning tailored to the specific needs of the suburban landscape in this part of the state. Investors and developers can capitalize on this footprint to deliver new housing inventory to a community supported by local infrastructure and access to major thoroughfares. The location benefits from its placement within a established residential area, making it suitable for single-family homes or other residential projects that align with the character of the Villas zip code. Prospective buyers will find this land parcel well-situated for long-term growth and development initiatives in a reliable market sector.

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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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