3 & 9 Cardinal Ave

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3 & 9 Cardinal Ave

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 offered for sale in Villas, New Jersey.
  • Located at the address of 3 & 9 Cardinal Ave.
  • Site is positioned within a growing suburban residential market.
  • Property is suitable for custom residential building and development projects.
  • Region offers proximity to Delaware Bay and Cape May County.

What's Special

This residential land parcel in Villas, New Jersey, is available for sale to developers or individuals looking to execute custom construction projects. Situated at 3 & 9 Cardinal Ave, the site provides a blank canvas within a coastal community known for its proximity to the Delaware Bay and access to Cape May County amenities. The regional economy relies on tourism, hospitality, and seasonal commerce, making this an accessible location for residential build-outs intended for year-round living or vacation housing. Investors and builders can capitalize on the demand for housing stock in this growing suburban market, which benefits from its straightforward connectivity to regional thoroughfares. The property configuration allows for flexible site planning tailored to residential development goals, providing a strategic footprint for single-family structures in a well-established residential area.

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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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