203 Bay Avenue

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203 Bay Avenue

Villas, NJ 08251-2723
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 203 Bay Avenue
  • Situated within the coastal community of Villas
  • Ready for development in a quiet New Jersey location
  • Well positioned for single family or seasonal housing
  • Convenient access to Cape May County regional transit routes

What's Special

Developing a residential property at 203 Bay Avenue in Villas, New Jersey, presents a clear path for new construction in a established coastal community. This land parcel sits within Cape May County, an area known for its proximity to Delaware Bay and its seasonal appeal. Prospective owners or builders can utilize this site to create a primary residence or a secondary vacation home that aligns with the character of this growing residential neighborhood. The location offers accessibility to regional thoroughfares, connecting residents to the broader amenities and beaches of the South Jersey shoreline. As the local market continues to attract those seeking a quieter lifestyle away from major urban centers, this land represents a practical acquisition for individuals focused on residential development. Builders and investors will find this lot suitable for projects ranging from modular homes to custom residential structures depending on local zoning requirements.

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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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