2 Delaware Avenue

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2 Delaware 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 situated in Villas, New Jersey
  • Located within the coastal landscape of Cape May County
  • Suitable site for custom single-family home development projects
  • Positioned near major regional transportation routes and infrastructure
  • Opportunity for residential expansion in a quiet submarket

What's Special

This residential land at 2 Delaware Avenue in Villas, New Jersey, presents a clear opportunity for development in a quiet coastal community. Located in Cape May County, the site benefits from proximity to the Delaware Bay waterfront and the regional transportation arteries that connect this area to the broader South Jersey peninsula. Villas has experienced consistent interest from those seeking residential expansion within a established suburban environment. The parcel is positioned to accommodate various residential construction projects, ranging from custom single-family homes to modest multi-unit developments. Its location provides easy access to nearby municipal amenities, schools, and essential services that support a residential lifestyle. Investors and developers will find this site suitable for residential use, benefiting from the steady demand for housing in this part of the Jersey Shore region.

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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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